金色财经|Sep 21, 2026 20:00
[Russian Government Decides to Waive Grain Export Duties Until Year-End]
According to a report by Jinse Finance, on September 22, the Russian Ministry of Agriculture announced on Monday that grain export duties would be reduced to zero, and this policy will remain in effect until the end of 2026. Under a new decree, the "floating" export duties on Russian wheat, barley, and corn have been canceled, and this policy will last until December 31 of this year.
At the same time, Russia will set the maximum export duty for sunflower oil at 7,748 rubles per ton and the maximum export duty for sunflower meal at 312 rubles per ton. In a statement, the Ministry of Agriculture stated that this decision aims to support domestic grain and oilseed producers and exporters in the context of ongoing restructuring of export logistics.
The Ministry of Agriculture stated: 'These measures will reduce costs for market participants, make sales conditions more predictable, and support the export potential of the industry.'
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