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Hoeven: Letter Signing Ceremony Seals Major Wheat Sale Agreement with Taiwan

Press Release

Date: Sept. 16, 2015
Issues: Foreign Affairs Industries Trade Agriculture and Food

Senator John Hoeven, a member of the U.S. Senate Agriculture Committee, today announced that Taiwan's miller industry has committed $544 million to purchase U.S. wheat exports over the next two years. The Taiwan Flour Millers Association (TFMA) will import 70,000 tons, or 2.5 million bushels, of U.S. wheat every month to be distributed among all the millers. Representatives of the TFMA and U.S. Wheat Associates signed a letter of intent at the U.S. Capitol today.

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"Taiwan has been one of our most important and most dependable trading partners for years, and that includes sales of wheat and other agricultural commodities," said Hoeven, who has worked to promote agriculture sales to Taiwan as governor as well senator. "Today's commitment represents the most recent of many such commitments that contribute millions of dollars to North Dakota's agriculture economy."

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