The Agricultural Ministry of Russia updated rates of export duties for wheat, barley and corn under the mechanism of “grain damper”.
From December 1, the export duty on wheat and meslin will be increased to 80.8 USD/t from 78.3 USD/t week ago. Higher duty is based on increase of indicative price from 311.9 USD/t to 315.5 USD/t.
At the same time, the export duty on corn will be raised to 54.3 USD/t (53.6 USD/t).
The tariff for barley will be increased to 68.3 USD/t (65.3 USD/t).
Detailed information on dynamics of indicative prices and duties over the last month are listed in the table.
|
Crop |
Indicative price, USD/t |
Duty rate, USD/t |
|
November 26 |
||
|
Wheat & meslin |
315,5 |
80,8 |
|
Barley |
282,6 |
68,3 |
|
Corn |
262,7 |
54,3 |
|
November 19 |
||
|
Wheat & meslin |
311,9 |
78,3 |
|
Barley |
278,3 |
65,3 |
|
Corn |
261,6 |
53,6 |
|
November 12 |
||
|
Wheat & meslin |
310,2 |
77,1 |
|
Barley |
279,3 |
66 |
|
Corn |
274,9 |
62,9 |
|
November 29 |
||
|
Wheat & meslin |
299,9 |
69,9 |
|
Barley |
263,3 |
54,8 |
|
Corn |
256,6 |
50,1
|
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