WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Local

Minn.’s Dayton Showcases Trade Pact With Taiwan

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. This 62-Year-Old Minn. Woman Is A Sage For Anglers
  2. Duluth, Minneapolis Rank Among Top 10 Most Livable U.S. Cities
  3. Excitement Builds For First Day Of Minnesota State Fair
  4. WCCO At The Fair: Al Franken
  5. Pull Up An Invisible Chair

ST. PAUL, Minn. (AP) — A Taiwanese agriculture delegation on a visit to Minnesota has formalized a letter of intent to purchase $3.5 billion in U.S.-grown soybeans and corn over the next two years.

It’s not clear what share of that Minnesota farmers will fulfill.

Gov. Mark Dayton hosted the officials at the Capitol on Friday morning.

Taiwan is an east Asian nation of about 23 million people. Minnesota has entered into export deals with Taiwan in the past, but say the new letter will deepen the state’s tie to its sixth-largest export market.

Earlier this year, Minnesota Agriculture Commissioner Dave Frederickson led a state delegation to Taiwan to promote the state’s agriculture offerings. It included leaders from Minnesota’s corn and soybean growers associations.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,795 other followers