From February 4 to February 10, 2026, the benchmark price for Russian wheat and mixed wheat was $227.3 per ton, with an export tariff of zero; the benchmark price last week was $226.3/ton, with an export tariff of 0 rubles/ton; from December 10 to 24, 2025, the tariff was 0.7 rubles. From July 9 to August 5, Russia reduced the wheat export tax to zero, and it was also zero the week of August 15. For reference, the tariff in January 2025 was as high as 4699.6 rubles ($59.87) per ton. The benchmark price for barley was set at $202.0 per ton, with an export tariff of 0; the benchmark price the previous week was $201.2, with an export tariff of 0. The benchmark price for corn was $203.7 per ton, with an export tariff of zero rubles/ton; the benchmark price the previous week was $203.3, 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 stated that the adjusted threshold prices for grain tariffs would 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 tariff threshold price for wheat 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 threshold prices for grain tariffs 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 15000 rubles/ton from the benchmark wheat price and then multiply by 70%. The benchmark wheat price 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 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 starting from June 2, 2021. On Monday, the Russian ruble exchange rate was 76.65 rubles to 1 dollar, up from 76.40 last week. Note: 1 dollar is equal to 76.65 rubles.