Wheat Gets Green Light: Russia Zeroes Out Export Duty on Grain for the First Time

게시됨 2025년 7월 8일

원본 콘텐츠

From July 9, the export duty on Russian wheat will be zeroed out. This is an unprecedented case: since the launch of the grain damper in 2021, the rate has never been zero. The decision was made against the backdrop of a significant reduction in Russian grain exports. In June, it amounted to 1 million 100 thousand tons of wheat — four times less than in the same month last year. "Such a step may significantly impact export volumes and farmers' revenues, as well as change grain price dynamics," the Ministry of Agriculture of the Russian Federation believes. According to the Ministry of Agriculture, from July 2, the duty rate was 56.3 rubles per ton. But from July 9 to 15, wheat can be exported without paying the duty. This occurred against the background of a decrease in the indicative price: from $230.7 to $228.7 per ton. At the same time, duties on other crops remained unchanged or increased: • barley — the rate is zero and does not change; • corn — the duty increased to 961.7 ...
출처: Agrosektor

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