Duties on grain exports will not be canceled in the Russian Federation, Minister of Agriculture Dmitry Patrushev said at a meeting of the State Duma Committee on Agrarian Issues. Statements about the need to abandon this measure of regulation of the grain market have been heard since the decision on it was made. The position of the Ministry of Agriculture remains unchanged. "We will not cancel the duties. This is a mechanism that allows us to "untie" the internal price of grain from the external one," Patrushev said.
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According to him, the duties are dynamic, they change depending on world prices. "Let's say that the duty on corn, taking into account the world price, is now zero. If at the beginning of the year the duty on wheat was 7.5 thousand rubles per ton, now it is a little more than 2 thousand rubles," the minister said. EconomyDecember 7, 2022Export duty on wheat from Russia increased by 0.7% from December 7Read more From June 2, 2021, the Russian Federation introduced a grain damper mechanism, which provides for floating duties on the export of wheat, corn and barley and the return of funds received from them to subsidize agricultural producers. The amount of duties is calculated weekly based on price indicators based on the prices of export contracts that are registered on the Moscow Exchange. Until July 6 of this year, the duty was calculated in dollars, from that date - in rubles. The base price for calculating the export duty for wheat is set at 15 thousand rubles per ton, for ...
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