{"id":467,"date":"2026-02-13T20:12:01","date_gmt":"2026-02-13T20:12:01","guid":{"rendered":"https:\/\/grains.matrixdev.net\/2025-annual-report\/?post_type=panels&#038;p=467"},"modified":"2026-03-12T14:31:06","modified_gmt":"2026-03-12T14:31:06","slug":"council-welcomes-biennial-taiwan-goodwill-mission-team-letter-of-intent-worth-7-4-billion-signed","status":"publish","type":"panels","link":"https:\/\/grains.org\/2025-annual-report\/panels\/council-welcomes-biennial-taiwan-goodwill-mission-team-letter-of-intent-worth-7-4-billion-signed\/","title":{"rendered":"Council Welcomes Biennial Taiwan Goodwill Mission Team, Letter Of Intent Worth $7.4 Billion Signed"},"content":{"rendered":"\n<p>The U.S. Grains &amp;\u00a0BioProducts\u00a0Council (USGBC), in partnership with the Taipei Economic and Cultural Representative Office (TECRO), recently welcomed a\u00a036-member team of agricultural stakeholders as part of the biennial Taiwan Agricultural Goodwill Mission, a symbol and tradition in the trade relationship between the two countries.\u00a0<\/p>\n","protected":false},"featured_media":506,"menu_order":8,"template":"","commodities":[4],"class_list":["post-467","panels","type-panels","status-publish","has-post-thumbnail","hentry","commodities-corn"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Council Welcomes Biennial Taiwan Goodwill Mission Team, Letter Of Intent Worth $7.4 Billion Signed - 2025 Annual Report<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/grains.org\/2025-annual-report\/panels\/council-welcomes-biennial-taiwan-goodwill-mission-team-letter-of-intent-worth-7-4-billion-signed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Council Welcomes 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intent (LOIs) signed by the Taiwan Feed Industry Association to purchase 7.5 million metric tons (295 million bushels) of U.S. corn and 1 million metric tons of U.S. corn co-products between 2026 and 2029 at an estimated value of more than $2 billion.<\/p>\n<p>\u201cThe Taiwan Goodwill Mission, first held in 1998, has played a significant role in strengthening U.S. market presence in Taiwan and maintaining it as a top 10 export market for U.S. farmers,\u201d said Michael Lu, USGBC director in Taiwan.<\/p>\n<p>\u201cIn addition to the billions of dollars in sales generated directly via LOIs signed on these visits over the past 27 years, the trust established between Taiwanese purchasers and end-users on these missions is a foundational element for U.S. market access.\u201d<\/p>\n<p>The first several days of the mission were spent in Washington, D.C. where the delegation met with U.S. lawmakers about the importance of agricultural trade to both countries\u2019 economies, U.S. agricultural associations and the Taipei Economic and Cultural Representative Office in the United States (TECRO).<\/p>\n<p>The delegation signed the LOIs before dividing into two groups based on participants\u2019 commodity specializations, with the Council\u2019s team of corn and corn co-product buyers traveling to Arkansas, Ohio and Indiana before returning to Taiwan.<\/p>\n<p>\u201cThe Taiwanese market has a preference for the quality and reliability of U.S. feed grains, but in the face of increased competition from other origins, this program is as valuable as ever to U.S. producers,\u201d Lu said.<\/p>\n<p>\u201cI look forward to seeing the results of the LOIs signed during the mission and how they can create further opportunities to collaborate with important customers and decision-makers in Taiwan.\u201d<\/p>\n"},"_links":{"self":[{"href":"https:\/\/grains.org\/2025-annual-report\/wp-json\/wp\/v2\/panels\/467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grains.org\/2025-annual-report\/wp-json\/wp\/v2\/panels"}],"about":[{"href":"https:\/\/grains.org\/2025-annual-report\/wp-json\/wp\/v2\/types\/panels"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grains.org\/2025-annual-report\/wp-json\/wp\/v2\/media\/506"}],"wp:attachment":[{"href":"https:\/\/grains.org\/2025-annual-report\/wp-json\/wp\/v2\/media?parent=467"}],"wp:term":[{"taxonomy":"commodities","embeddable":true,"href":"https:\/\/grains.org\/2025-annual-report\/wp-json\/wp\/v2\/commodities?post=467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}