Export duties on Russian wheat, corn down again

Source

APK-Inform

1643

The Agricultural Ministry of Russia updated rates of export duties for wheat, barley and corn under the mechanism of “grain damper” that came into force on June 2.

From July 28, with the indicative prices of wheat and meslin at 244.9 USD/t the export duty will be 31.4 USD/t. They were at 250.4 USD/t and 35.2 USD/t as of July 14.

With the indicative prices of barley at 240 USD/t (238.7 USD/t last week) the export duty will be 38.5 USD/t (37.5 USD/t).

With the indicative prices of corn at 256.4 USD/t (258.8 USD/t) the export duty will be 49.9 USD/t (51.6 USD/t).

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