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Russia’s export duty on wheat to be $35.2 per metric ton from April 10

The floating duty on Russian grain exports is effective from June 2, 2021

MOSCOW, April 5. /TASS/. The duty on wheat exports from Russia will stand at 3,236.1 rubles ($35.2) per metric ton from April 10, 2024, according to the Ministry of Agriculture.

The duty on the export of barley will be 667.9 rubles ($7.28). The duty for corn will total 86 rubles ($0.94) per metric ton, 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 $234.1 per metric ton, for barley - at a price of $182.2 per metric ton, and for corn - $173.2 per metric ton.

The floating duty on Russian grain exports is effective from June 2, 2021. The Ministry of Agriculture determines the amount of the duty for a period of one week. The calculated fees are published weekly on the ministry's website. Duties were calculated in dollars before July 1, 2022 and then were converted to rubles.

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