Subtitles section Play video Print subtitles GREAT DAY. I'M KIM JOHNSON. I'M ALI LUCIA. THANKS FOR JOINING US. MINNESOTA HAS FORCED A MULTIBILLION DOLLAR PARTNERSHIP WITH TAIWAN. TAIWAN TRADE OFFICIALS AND BUSINESS LEADERS SIGNED AGREEMENT LEADERS TODAY TO BUY AGRICULTURAL AGREEMENTS FROM MINNESOTA FARMERS. ASHLEY ROBERTS JOINS US NOW LIVE FROM THE STATE CAPITAL WITH MORE ON WHAT THIS DEAL MEANS. ASHLEY? Reporter: KIM, THE DEAL ANNOUNCED THIS MORNING MEANS TAIWAN WILL SPEND $2.4 BILLION ON MINNESOTA-GROWN CORN AND SOYBEANS FOR THE NEXT TWO YEARS. TAIWAN IS MINNESOTA'S SIXTH LARGEST EXPORT MARKET AND ALSO A VITAL PARTNER FOR THE STATE'S CORN AND SOYBEAN FARMERS. THE AGREEMENT FOR 2016 AND 2017 ALSO INCLUDES AGRICULTURAL PRODUCTS FROM OTHER MID WHEN WESTERN STATES AND MINNESOTA PRODUCES THE HIGHEST QUALITY CORN AND SOYBEANS AROUND THE WORLD. AND GOVERNOR DAYTON ADDS DEALS LIKE THIS ARE CRUCIAL TO MAKE SURE FARMERS CAN SELL THEIR PRODUCTS GLOBALLY. THE CROPS THIS YEAR, THE CORN IS UP OVER MY STANDING HEAD. AND THE SOYBEANS LOOK FANTASTIC. SO WE HAVE RECORD PRODUCTION. VERY LOSE TO IT. AND OF COURSE, WE ARE LOOKING TO EXPAND OUR EXPORT MARKETS. THE MAJOR REASON WHY MINNESOTA WAS ABLE TO PERSIST THROUGH THE RECESSION BECAUSE OF THE STRENGTH OF OUR AGRICULTURAL ECONOMY AND EXPORTS ARE A KEY ELEMENT TO THAT. ALMOST THREE YEARS AGO, MINNESOTA'S AGRICULTURAL COMMISSIONER VISITED TAIWAN AND EXTENDED A PERSONAL INVITATION FOR TRADE OFFICIALS TO COME HERE AND INK THIS AGREEMENT. THAT HAPPENED THIS MORNING. BY THE WAY, THE UNITED STATES SUPPLIED ONE-FOURTH OF TAIWAN'S TOTAL FOOD EXPORTS, SO A PRETTY BIG DEAL TO HAVE THIS AGREEMENT IN PLACE HERE TODAY. YES. A BIG DEAL FOR FARMERS, AND FOR
B1 US minnesota taiwan agricultural corn agreement deal Taiwan To Spend $2.4 Billion On MN Exports Through 2017 139 10 elearn posted on 2015/09/27 More Share Save Report Video vocabulary