Agriculture Minister Chen Chi-chung says the government will be extending business tax exemptions on corn and soy beans for two more months
The ongoing drought in the south is likely to affect agricultural irrigation.
The Council of Agriculture is downplaying concerns about a looming food shortage.
The government is set to issue agriculture and culture stimulus vouchers later this month.
Taiwanese legislators have passed amendments to the Act of Irrigation Association Organization, meaning the island's 17 irrigation associations will be combined into a new government body under the Council of Agriculture.