The Russian Ministry of Agriculture has reduced the export tariff for wheat while maintaining zero tariffs for corn and barley.

Russia will celebrate the New Year holidays from January 1 to January 8. From December 31, 2025, to January 12, the benchmark price for Russian wheat and mixed wheat is $228.4 per ton, with an export tariff of 97.3 rubles/ton, while the benchmark price last week was $227.9 per ton, with an export tariff of $109.1; from December 10 to December 24, the export tariff is zero. From July 9 to August 5, Russia will reduce the wheat export tax to zero, and the week of August 15 will also have a zero tax. For reference, the tariff in January is as high as 4699.6 rubles ($59.87) per ton. The benchmark price for barley is set at $219.3 per ton, with an export tariff of 0; the benchmark price for the previous week was $219.2, with an export tariff of 0. The benchmark price for corn is $200.9 per ton, with an export tariff of zero rubles/ton; the benchmark price for the previous week was $202.0, with an export tariff of zero rubles/ton. On July 24, 2025, the Russian Ministry of Agriculture raised the threshold price for corn and barley tariffs by 1,000 rubles/ton, from 16,875 rubles to 17,875 rubles/ton, effective immediately. On June 21, 2024, the Russian Minister of Agriculture announced that the adjusted grain tariff threshold prices will take effect from July 1, 2024. On May 31, 2024, the Russian Ministry of Agriculture raised the price base for calculating grain tariffs by 1000 rubles/ton, with the wheat tariff threshold price rising from 17,000 rubles/ton to 18,000 rubles/ton; the tariff threshold for corn and barley was raised from 15,875 rubles to 16,875 rubles/ton. On May 29, 2023, the Russian government raised the grain tariff threshold prices by 2000 rubles/ton. Starting from June 1, 2023, the base price for calculating wheat tariffs was raised from 15,000 rubles to 17,000 rubles/ton, and the export base for corn and barley was also raised by 2000 rubles to 15,875 rubles/ton. On June 30, 2022, Russia announced that from July 6, 2022, it would change the tariff calculation from dollars to rubles. The calculation formula is to subtract the base of 15,000 rubles/ton from the wheat benchmark price and then multiply by 70%. The benchmark price for wheat is calculated by the Moscow Exchange based on the FOB contract prices reported by exporters. The export base prices for barley and corn were also changed from $185/ton to 13,875 rubles, with the tax calculation formula being to subtract 13,875 rubles from the benchmark price and then multiply by 70%. The Russian Ministry of Agriculture implemented the formula-based tax calculation from June 2, 2021. On Monday, the Russian ruble exchange rate was 78.18 rubles to 1 US dollar, compared to 79.28 a week earlier. Note: 1 US dollar is equal to 78.18 rubles.