Ministry: Wheat export duty to grow to $67/tn for Oct 27–Nov 2

MOSCOW, Oct 22 (PRIME) -- Russia’s wheat export duty will grow to U.S. $67 per tonne from $61.3, the barley duty will fall to $42.6 per tonne from $45.9, and the corn duty will rise to $49.7 per tonne from $48.4 from October 27 through November 2, as seen by PRIME in the Agriculture Ministry’s materials on Friday.

The duty is calculated basing on the indicative prices of $295.8 per tonne of wheat, $245.9 per tonne of barley, and $256 per tonne of corn.

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

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