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The levy on Russian wheat exports might be elevated from $86.4 per ton to $87 within the interval from March 30 to April 5, the nation’s Ministry of Agriculture mentioned on Friday.
In line with the assertion, export tax on barley and corn will quantity to $75.6 and $58.3 per ton, respectively.
Information reveals the export obligation fee for wheat and meslin (a mix of wheat and rye) was calculated at an indicative worth of $324.3 per ton, for barley at a worth of $293.1, and for corn at $268.3 per ton.
Final summer season, the ministry launched the so-called floating tax on wheat, corn, and barley. The measure, which geared toward stabilizing home meals costs, obliges sellers to register their export contracts on the Moscow Trade. Primarily based on that info, the Ministry of Agriculture determines the quantity of the obligation for a interval of 1 week.
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