Export duties on Russian grains remain at zero
Russia will keep export duties on wheat, barley and corn at zero from June 17–23, marking the ninth consecutive week without wheat export taxes. The decision reflects stable indicative export prices, supporting the competitiveness of Russian grain shipments in global markets.
The export duty rate on Russian wheat from June 17 will remain at zero for the ninth consecutive week, according to calculations provided by the Russian Ministry of Agriculture.
Duties on barley and corn will also remain at zero from the same date.
It is specified that the rates were calculated based on the following indicative prices: $233.1 per ton for wheat ($233.1 in the previous period), $218.3 for barley ($219), and $229.3 for corn ($228.4).
The stated rates will remain in effect through June 23 inclusive.
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Source : APK Inform
