MOSCOW, February 7. /TASS/. The duty on wheat exports from Russia will stand at 3,984.2 rubles ($40.96) per metric ton from February 12, 2025 up from 3,941.6 rubles ($39) now, according to the Ministry of Agriculture.
The duty on the export of barley will total 3,062.3 rubles ($37.2) per metric ton. The duty on corn will be 4,255.3 rubles ($43.17) per metric ton, the Ministry said.
The duty on barley will be 3,062.3 rubles ($31.48) against 3,012.5 rubles ($30.97) previously. The duty on corn will be reduced to 3,710.2 rubles ($38.14) from 4255.3 rubles ($43.74) per ton. The export duty rate on wheat is calculated based on the indicative price of $240.9 per ton, on barley - at a price of $215.8 per ton, for corn - at a price of $225.2 per 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. It stands at 70% from the difference between the base price and the indicative price.