Farms.com Home   News

Taiwan Will Purchase Billions Of Dollars Of Illinois Corn

By Lindsay MItchell
 
Illinois Corn Marketing Board Chairman Roger Sy was joined by Governor JB Pritzker and Taiwanese officials to sign a $2.2 billion commitent to purchase Illinois corn and soybeans over the next two years.
 
 
Said Pritzker, "Illinois corn and soybean producers have cultivated a world-class industry with customers in all parts of the world, and this $2.2 billion commitment is a testament to their dedication and hard work. When Illinois' agricultural economy thrives, so do working families all across the state. I'm committed to supporting our state's leading industry and opening up new opportunities for our farmers to sell their goods and make a good living."
 
Illinois and Taiwanese associations signed two $1.1 billion agreements to purchase Illinois crops between 2020 and 2021.
 
 
Click here to see more...

Trending Video

2026 USDA Acreage Fireworks Next Week? + RVO’s Old new

Video: 2026 USDA Acreage Fireworks Next Week? + RVO’s Old news


Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.