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US deal with Taiwan means good news for Iowa soybean farmers

Those with the Iowa Soybean Association is saying a new deal between Taiwan and the US is good news for Iowa farmers.

Posted: Oct. 3, 2018 8:11 PM
Updated: Oct. 3, 2018 10:45 PM

KIMT News 3- Those with the Iowa Soybean Association is saying a new deal between Taiwan and the US is good news for Iowa farmers.
Brent Renner, At- Large Director for the Iowa Soybean Association, said the new deal would mean Taiwan would purchase 90% of their soybeans from the US.
“It is pretty significant,” he said. Taiwan isn’t even the size of Iowa but they are going to buy 25% of Iowa’s production.”
Renner said this deal as well as the one struck with Canada and Mexico could mean potential talk with China again in the future.

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