Russia's new export taxes on grains

On Jan 15 2021, the Russian authorities adopted new export taxes.

The recently adopted export taxes in Russia go as follows:

  • 15.02 - 01.03.2021 - 25 EUR/ton for wheat
  • 01.03 - 30.06.2021 - 50 EUR/ton for wheat
  • 15.03 - 30.06.2021 - 25 EUR/ton for corn and 10 EUR/ton for barley

For the period 15.02 - 30.06.2021, 17.5 million tons of grain export quota (wheat, corn, barley, rye) remains in force.

Export taxes will not be reset after the end of the season.

After 01.07.2021, there will be a floating export tax for the new crop.