06.01.2026, 13:04
Russia’s Export Duty on Wheat to Be Reset to Zero from January 14
Russia Restores Zero Export Duty on Wheat Following Price Review
The Ministry of Agriculture of the Russian Federation has revised export customs duty rates on grain crops. According to the ministry’s updated data, starting from mid-next week the tariff on wheat exports will once again return to zero.
From January 14 to January 20 inclusive, Russian wheat exporters will be exempt from paying export duties. It should be recalled that during the current week (through January 13) a duty of 97.3 rubles per ton is in effect, which was introduced following the previous zero-duty period.
The situation for other key grain crops remains stable. The regulator has maintained zero export duty rates on barley and corn, extending the preferential export regime for these commodities.
The calculation of the new rates was based on current indicative prices recorded on global markets. Price dynamics for the main crops are as follows:
Wheat: the indicative price increased to $229.2 per ton, compared to $228.4 a week earlier.
Barley: the price edged up slightly to $219.6 per ton, versus $219.3 previously.
Corn: a slight decline was recorded, with the price falling to $200.6 per ton from $200.9 earlier.
Thus, despite a minor upward adjustment in indicative prices for wheat and barley, the grain damper mechanism has made it possible to restore zero-duty rates for all major export positions for the upcoming week.
