Taiwan signed two Letters of Intent with the Indiana Corn Marketing Council and the Indiana Soybean Alliance to purchase nearly $6.4 billion of U.S. corn and soybeans over the next four years. As part of the Taiwan Agricultural Trade Goodwill Mission, the Letter of Intent between the Indiana Corn Marketing Council and the Taiwan Feed Industry Association states that Taiwan will purchase nearly $2.12 billion of U.S. corn and corn products from 2026 – 2029. The Letter of Intent between the Indiana Soybean Alliance and the Taiwan Vegetable Oil Manufacturers Association states that Taiwan will purchase between $3.44 billion and $4.2 billion of U.S. soybeans from 2026 – 2029. “This Letter of Intent from Taiwan signals continued interest in purchasing U.S. corn and beef, which is good news for farmers. Soybean Export Council, U.S. Grains Council, Taiwan Foreign Ministry, the embassy and the consulate in Chicago.