Wheat News in English

Export duty rates on Russian grain to remain at zero for another week

Russia will keep export duties on wheat, barley and corn at zero from February 4 through February 10, marking a fourth straight week. The agriculture ministry set indicative prices at $227.3 per ton for wheat, $202 for barley and $203.7 for corn, slightly higher than prior levels in current calculation.

The export duty rate on Russian wheat will remain at zero from February 4 for a fourth consecutive week, according to calculations released by Russia’s agriculture ministry.

Export duties on barley and corn will also remain at zero from that date.

The ministry said the rates were calculated based on the following indicative prices: $227.3 per ton for wheat ($226.3 in the previous period), $202 per ton for barley ($201.2), and $203.7 per ton for corn ($203.3).

The rates will be in effect through February 10 inclusive.

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Source : APK Inform

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