Russia’s export duty on wheat to be $41.82 per tonne from Feb 7

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Russia’s export duty on wheat to be $41.82 per tonne from Feb 7

Update Time : Monday, 5 February, 2024, 02:08 pm
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Online Desk: The duty on wheat exports from Russia will stand at 3,804.6 rubles ($41.82) per tonne from February 7, 2024, according to the Ministry of Agriculture.

The duty on the export of barley will be 827 rubles ($9.1) per metric tonne. The duty for corn will amount to 1,339.8 rubles ($14.73) per metric tonne, the ministry said.

The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated based on an indicative price of $251.1 per metric tonne, for barley – at a price of $190.9 per metric tonne, and for corn – $199.1 per metric tonne.

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