Ag Ministry: Wheat export duty to fall to $31/tn for Aug 11–17

MOSCOW, Aug 6 (PRIME) -- Russia’s wheat export duty will fall to U.S. $31 per tonne from $31.4, the barley duty to $27 per tonne from $38.5, corn duty will remain at $49.6 per tonne from August 11 through August 17, as seen by PRIME in the Agriculture Ministry’s materials on Friday.

The duty is calculated basing on the indicative prices of $244.4 per tonne of wheat, $223.7 per tonne of barley, and $255.9 per tonne of corn.

Since June, Russia has been using a flexible system of duty calculation for the grains.

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