Russia increases wheat export rate for the first time in 2 months.

This Monday (6), the Ministry of Agriculture of Russia announced the new export tax on wheat shipments For the next few days. Starting on July 8ththe cereal will be charged in 370.1 rubles per ton, the first change in 11 consecutive weeks. As for the barley and the Corn will remain exempt from customs duties.Since April 15th, you shipments of agricultural commodities remain free of tariffs. According to the ministry's report, the Updated rates will be valid until July 15th.. You Russia's export taxes are calculated based on the following indicative prices: US$ 239.4 per ton of wheat (US$ 233.8 in the previous period), US$ 218.3 of barley (US$ 218.3) and US$ 230.3 of corn (US$ 230.8).

This text was translated by machine from Brazilian Portuguese.