Governor Brad Little joined representatives of the Idaho Wheat Commission and the Seattle-based Taipei Economic and Cultural Office at the State Capitol in Boise Tuesday to sign a letter of intent for the Taiwan Flour Mills Association to purchase U.S. wheat over the next two years, a deal valued at $576 million.
The Governor also announced he will lead a delegation of Idaho companies to Taiwan for his first trade mission in October.
The Taiwan Flour Mills Association, which participated in an agricultural goodwill mission, intends to purchase 66.1 million bushels of wheat from the United States between 2020 and 2021.
Taiwan imported nearly $4.3 billion worth of U.S. farm products in 2018. The country is the fifth-largest market for U.S. wheat, and is Idaho’s second-largest export market. (Idaho Governor Brad Little)
