Ministry: Wheat export duty to grow to $94/tn for Dec 22–28

MOSCOW, Dec 17 (PRIME) -- Russia’s wheat export duty will grow to U.S. $94 per tonne from $91, the barley duty will increase to $84.8 per tonne from $78.7, while the corn duty will grow to $55 per tonne from $54.4 per tonne for the period from December 22 through December 28, as seen by PRIME in the Agriculture Ministry’s materials on Friday.

The duty is calculated basing on the indicative prices of $334.3 per tonne of wheat, $306.2 per tonne of barley, and $263.6 per tonne of corn.

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

End %%as/jst%%