(AP) — Taiwanese importers have agreed to buy up to $472 million in Nebraska corn, soybeans and wheat under a new trade agreement.
Lt. Gov. Lavon Heidemann announced the deal Friday during a state trade mission to Asia. Heidemann is leading a delegation to Taiwan and Japan as part of an ongoing effort to expand Nebraska trade opportunities abroad.
The agreement includes representatives of the Taiwan Flour Mills Association, Taiwan Feed Industry Association and the Taiwan Vegetable Oil Manufacturers Association. It’s similar to agreements signed by Gov. Dave Heineman during previous trade missions in 2007 and 2010.
Nebraska Director of Agriculture Greg Ibach says those agreements have been fulfilled. Ibach says the trip demonstrates the importance of proactively seeking trade opportunities.