Wheat export duty from Russia to drop to $88.2 per ton from March 2

The duty on the export of wheat from Russia from March 2 to March 8 will decrease to $88.2 per ton against $91 a week earlier, the Ministry of Agriculture of the Russian Federation said in a statement.

The export duty on barley will decrease from $73.3 to $72.3 per ton, the duty on corn will increase from $52.2 to $52.7 per ton. The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated on the basis of an indicative price of $326.1 per ton, for barley – at a price of $288.4 per ton, for corn – $260.3 per ton. The rates are applied from the third working day after the day of their placement and are valid until the next duty rates are applied.

Karen Wood

Learn More →

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.