Taiwan commits to $2 bln US corn purchase

& BioProducts Council (USGBC) and Taiwanese agricultural stakeholders, with former USGBC Chairwoman Verity Ulibarri in attendance. The Goodwill Mission, initiated in 1998, has significantly bolstered the US market presence in Taiwan, maintaining its status as a top-10 export market for American farmers. “Beyond the billions in direct sales generated through letters of intent over the past 27 years, these missions build a foundation of trust between Taiwanese buyers and end-users,” said Michael Lu, USGBC director in Taiwan. The mission’s initial days were spent in Washington, DC, where the delegation met with US lawmakers to discuss the importance of agricultural trade, along with US agricultural associations and the Taipei Economic and Cultural Representative Office in the United States (TECRO). After signing the letters of intent, the group split based on commodity specializations, with corn and corn byproduct buyers visiting Arkansas, Ohio, and Indiana before returning to ...