WASHINGTON — The Taiwan Feed Industry Association on behalf of the Taiwanese Agricultural Goodwill Mission signed a letter of intent with the U.S. Grains Council on Tuesday, Sept. 10, 2013, committing to purchase 5 million metric tons (197 million bushels) of U.S. corn in 2014 and 2015. In addition, 0.5 million tons of distiller's dried grains with solubles (DDGS) will be included in the memorandum.
The total value of intended purchases is estimated to be nearly $4 billion, making Taiwan's letter of intent evidence of a U.S. commitment to strengethen trade ties and maintain a. . .
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