Regional News Russia calculated and published its official grain export duty rates on Monday. Effective 2 April 2021, the benchmark prices and tariffs are as follow:
Wheat: benchmark price of $281/80/MT, implying an export duty of $57.20/MT Corn benchmark price of $242.60/MT, implying an export duty of $40.30/MT Barley benchmark price of $238.90/MT, implying an export duty of $37.37/MT
Wheat crops in Belarus and Ukraine are starting their vegetation stage due to warming weather. Ukraine’s wheat is emerging from dormancy roughly five days later than normal, but that is not expected to have a significant impact on yields this summer. Farmers in Ukraine have started planting spring grain crops and 15.5 Mha are...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
