MOSCOW, May 27. The government has approved new cut-off prices for duties on grain from June 1, the corresponding decree has been published on the official portal of legal information.
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"Include in paragraph 1 of the Regulations on the calculation and application of export customs duty rates for grain crops exported from Russia outside the states parties to the Customs Union agreements, approved by Decree of the Government of Russia dated February 6, 2021 No. 117, <…> ; the following changes: a) in the eighth paragraph, the words «15,000 rubles»; replace with the words "17,000 rubles" b) in the ninth paragraph, the words "13 875" replace with the words "15 875" rubles,” the document says.
The Decree comes into force on June 1, 2023.
Earlier, Minister of Agriculture Dmitry Patrushev told reporters on the sidelines of the All-Russian Grain Forum that the cut-off price in the formula for calculating the export duty on wheat will be adjusted from June 1 to 17,000 rubles from the current 15,000.
Russia, as part of the grain damper, has a flexible export duty on wheat, corn and barley since June 2021. Since July 2022, the calculation of these fees has been transferred to rubles. The base price for calculating the duty on wheat was set at 15,000 rubles per ton.
The day before, at a meeting with Vladimir Putin on the topic of the sowing campaign, Patrushev said that the mechanism for calculating fees would be adjusted earlier than planned, that is, before June 1. According to him, this is necessary to reduce the burden on growers.