The Ministry of Agriculture of the Russian Federation is not considering the abolition of floating export duties on grain
Wheat
Russia
Published Aug 18, 2022
Tridge summary
The Ministry of Agriculture of the Russian Federation is not considering the abolition of floating export duties on grain, they remain effective, RIA Novosti was told in the press service of the ministry. The Association of Peasants' (Farmers') Enterprises and Agricultural Cooperatives of Russia (AKKOR), against the backdrop of a collapse in grain prices, in particular wheat, on the domestic market, turned to President Vladimir Putin with a proposal to increase the volume of grain purchases for the intervention fund and cancel export duties on grain.
Original content
The Ministry of Agriculture of the Russian Federation is not considering the abolition of floating export duties on grain, they remain effective, RIA Novosti was told in the press service of the ministry. The Association of Peasants' (Farmers') Enterprises and Agricultural Cooperatives of Russia (AKKOR), against the backdrop of a collapse in grain prices, in particular wheat, on the domestic market, turned to President Vladimir Putin with a proposal to increase the volume of grain purchases for the intervention fund and cancel export duties on grain . According to agricultural producers, the cost of wheat of the 4th class from the beginning of the year to August fell to 12-13 rubles per kilogram from 18-20 rubles. "... the abolition of floating export duties (on grain - ed.), which remain effective, is not being considered. At the same time, the Ministry of Agriculture constantly monitors the situation on the market and, if necessary, corrects this mechanism," the press ...
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