Taiwan flour millers make $1.3 billion commitment to purchase U.S. wheat
Taiwan Flour Millers Association and U.S. Wheat Associates signed a letter of intent to buy 3.6 million metric tons of U.S. wheat worth \$1.3 billion between 2026–2029. Taiwan is a key U.S. wheat market, importing 949,000 tons last year. The mission strengthens decades-long trade ties, trust, and collaboration between both partners.
Representatives from the Taiwan Flour Millers Association and U.S. Wheat Associates have signed a letter of intent for the purchase of 3.6 million metric tons, or 132.3 million bushels, of U.S. wheat between 2026 and 2029.
The Taiwanese delegation signed the purchase commitment Sept. 17 during a ceremony at the U.S. Capitol. The commitment has an estimated value of nearly $1.3 billion, according to a press release from U.S. Wheat, the overseas marketing arm for the industry.
“Taiwan and the United States enjoy a close and long-standing partnership built on a shared dedication to wheat quality and reliability,” stated Jim Pellman, U.S. Wheat chairman and a wheat farmer from North Dakota, in the press release. “U.S. ag exports, particularly U.S. wheat, enjoy an excellent reputation in Taiwan. In turn, we as American farmers place great value on the relationship with our customers in Taiwan.”
The U.S. is one of Taiwan’s largest sources of agricultural products, supplying more than one-fifth of the country’s ag imports.
Taiwan ranked as the fifth largest market for U.S. wheat in the 2024/2025 marketing year, importing nearly 949,000 metric tons of hard red winter wheat, hard red spring wheat and soft white wheat.
Since 1998, 14 Taiwan Agricultural Goodwill Missions have traveled to the United States, resulting in the import of 27.4 million metric tons, or 1 billion bushels, from the United States, worth an estimated $8.0 billion, according to U.S. Wheat. The Taiwan Goodwill Mission is part of Taiwan’s efforts to foster greater mutual understanding and cooperation, as well as strengthen trade relations and friendship with the United States.
The team also signed letters of intent with the U.S. Soybean Export Council and the U.S. Grains & Bioproducts Council to purchase U.S. soybeans and corn, respectively.
After visiting Washington, D.C., flour millers on the mission will travel to South Dakota, Montana and Idaho for a firsthand look at U.S. wheat production and meet wheat growers.
The representatives will sign additional letters of intent, recognizing the importance of state wheat partners in providing a reliable supply of high-quality wheat to Taiwan flour millers, according to the press release.
“The partnership between TFMA, U.S. Wheat, and U.S. wheat producers has been built on trust and collaboration for nearly six decades,” Pellman stated. “We thank the Taiwan Goodwill Mission for coming to the United States and our TFMA counterparts for their strong preference for U.S. wheat.”
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Source : Ukr Agro Consult
