(KLZA)-- Nebraska Governor Dave Heineman announced Friday that Lt. Gov. Lavon Heidemann and members of the Nebraska trade delegation to Asia signed agreements with Taiwanese grain and soybean trade officials for approximately $400 million of Nebraska corn, soybeans and wheat to Taiwan. Lt. Gov. Heidemann is currently leading a Nebraska trade mission to Taiwan and Japan.
The letter of intent, signed by Lt. Gov. Heidemann and Agriculture Director Greg Ibach at a ceremony in Taipei, Taiwan, pledges sales valued at $401 to $472 million over a two-year period. Taiwanese parties to the agreement included representatives of the Taiwan Flour Mills Association, Taiwan Feed Industry Association, and the Taiwan Vegetable Oil Manufacturers Association.
While signed by industry officials and Nebraska government leaders, the agreement pledges the purchase of crops through negotiations between importers and private suppliers. The agreement is similar to agreements signed by Gov. Heineman on his 2007 trade mission and that signed by a state delegation led by Dir. Ibach in 2010. The 2007 and 2010 agreements each pledged around $500 million in sales of Nebraska corn, soybeans and wheat. Dir. Ibach said those agreements have been fulfilled.
Taiwan is Nebraska’s 13th largest export market with $94 million in imports in 2012 but was the state’s 10th largest agricultural export market that year.
The Lt. Governor and the Nebraska trade delegation will depart tomorrow for Tokyo, Japan, to participate in the annual Midwest U.S.-Japan Association Conference. This is the 12th foreign or reverse trade mission of the Governor’s administration.
© Many Signals Communications
MOST VIEWED STORIES
Cold case investigation leads to Holton warrant
Effingham owner regains truck following theft, arrest
Horton City Clerk's resignation accepted Monday
Former Kickapoo Tribal chairman arrested
Local residents avoid injury in chain reaction crash
Winchester native named as Amberwell CEO
Holton property search concludes with arrest
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
Two arrested following Friday Jackson Co traffic stop
McLouth man injured in Monday wreck
No injuries in early Sunday morning house fire in Falls City
Senator Slama on tax relief efforts
Commission approves agreement for budget help
Pawnee City School Board approves personnel changes
Council hears report from golf course
KS prepares for severe weekend weather
Richardson County accepted into managed call handling program
LATEST STORIES
KS prepares for severe weekend weather
Richardson County Board approves pay raise for dispatchers
NPPD urges farmers to be safe around power lines
Arbor Day proclaimed in Atchison
Former AG Schmidt running for KS' 2nd Congressional District
Doniphan Co Commission approves overlay projects
Rural Horton man charged in alleged beating
Holton property search concludes with arrest
RELATED STORIES
Antique tractor drive to end in Falls City
FSA County Committee Nominations Open June 15
Grain Dryer Fire at Falls City Facility
Farmers Struggle to Repay Loans
Ag Waste As Renewable Fuel Study
Livestock Friendly Designation for Richardson Co
Farm To School Conference Set for Nebraska City