The duty on wheat exports from Russia will be reduced by 1.7 times from August 14, to a minimum since the adoption

Published Aug 15, 2024

Tridge summary

The Russian Ministry of Agriculture has reduced the duty rate on wheat exports to 257.3 rubles per ton effective from August 14, a decrease of 1.7 times from the previous week's rate. The duty rate on barley remains zero, and on corn it is 344.5 rubles per ton, a new rate established since mid-April. These rates will be in effect until August 20.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The duty rate on wheat exports from Russia from August 14 is 257.3 rubles per ton, compared to 444.4 rubles a week earlier, the Russian Ministry of Agriculture reports. Thus, it has decreased by 1.7 times and has become the minimum for the entire period of its validity (since June 2021). The duty on barley remained zero, on corn it is 344.5 rubles per ton. The duty on corn was established for the first time since mid-April this year. As noted, the rates were calculated based on ...
Source: Agrosektor
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