The Agricultural Ministry of Russia updated rates of export duties for wheat, barley and corn under the mechanism of “grain damper” that came into force on June 2.
Thus, from October 6, the export duty on wheat will be increased to 57.8 USD/t, from 53.5 USD/t the week ago.
Additionally, the export duty on barley also will grow to 43.1 USD/t from 35.3 USD/t last week.
At the same time, the tariff for corn will decrease to 45.2 USD/t from 46.3 USD/t of prior week.
Indicative prices will be 282.6 USD/t for wheat, for barley 246,6 USD/t and for corn 249,7 USD/t.
