Russia increased export duties for wheat

As follows from the materials of the Ministry of Agriculture of Russia starting from today customs duties on the export of wheat from Russia will rise from $33.3 to $38.1 per ton.

Export duties on corn will be increased from $48.2 to $50.2 per ton, while on barley it will remain at the same level of $39.6 per ton.

The new rates of export duties will be in force for a week. To calculate the new rates, indicative prices were taken into account: $254.5 per ton for wheat, $256.8 for corn, and $241.7 for barley.