Russia’s wheat export duties will cease to be zero for the first time since the start of the year
On March 18, Russia will reintroduce an export duty on wheat for the first time since the beginning of 2026. The rate will be 135.4 rubles ($1.67) per tonne, the country’s agriculture ministry said. The same tariff will apply to meslin, a mixture of wheat and rye.
At the same time, export duties on barley and corn will remain zero. The indicative price for calculating the duty on wheat and meslin is $231.5 per tonne, for barley — $219, and for corn — $218.3 per tonne.
The duty is reviewed weekly based on indicative prices formed from export contracts registered on the Moscow Exchange. The rate is 70% of the difference between the base and indicative prices. The base price for wheat is set at 18,000 rubles per ton, and for barley and corn — 17,875 rubles.
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