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Economy

The government has zeroed duties on grain exports until the end of the year

The zero rate on exports of wheat, meslin, barley and corn to countries outside the EAEU will be valid until December 31, 2026. Duties on sunflower oil and meal for this period were limited to August levels

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The government has zeroed duties on grain exports until the end of the year

The Russian government has suspended the collection of export duties on grain until the end of 2026. The decision is enshrined in the decree of the Cabinet of Ministers of September 19, it is published on the portal of legal acts.

The document introduces a zero duty on exports of wheat, meslin, barley and corn. In addition, until the end of the year, export duties on sunflower oil and meal are fixed at the level of August (7748 and 312 rubles per ton, respectively) without the right of excess.

The decision applies to grain supplies from Russia to countries outside the Eurasian Economic Union (EAEU). The decree applies to transactions from September 1, 2026. The document comes into force from the date of official publication, September 21.

The Ministry of agriculture must within one working day after the entry into force of the decree publish updated rates of duties on grain, sunflower oil and meal, the document says.

If goods processed with the application of the new rates are not exported before the end of the year or are not accepted for carriage by rail or are issued for sea shipment, the relevant customs declarations will be considered not filed.

The mechanism of grain damper has been operating in Russia since June 2021. It provides for floating duties on exports of wheat, barley and corn, the amount of which depends on indicative prices. In the week from August 26 to September 1, the duty on wheat was 1012.1 rubles per ton.

The Institute of Agricultural Market Studies predicted the grain harvest in Russia in 2026 at 139 million tons against 141.2 million tons a year earlier. This volume, according to analysts, allows to export in the agricultural season 2026/27 about 58.5 million tons of grain after 60.9 million tons in the previous season.

Russian grain exports have been hampered by restrictions on shipments through the ports of the Azov-Black Sea basin, which account for more than 70% of Russian grain supplies. ProZerno estimated possible exports in August at 2.5 million tons, which is 2.3 times less than the average for the same month in 2021-2025.

Against this background, the export price of Russian wheat by mid-August decreased to $224 per ton, barley to $196, corn to $222.

In late August, Vedomosti, citing sources, reported that the Ministry of Agriculture is preparing a proposal to introduce a moratorium on the “floating” export duty on wheat, barley and corn by the end of the year against the background of difficulties with the export of these crops through the Azov and Black Seas.

Source: РБК ↗

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