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The Russian Ministry of Agriculture has announced updated export duty rates for key grain commodities, effective from May 28, 2025. The new rates reflect ongoing efforts to balance domestic market stability with international trade competitiveness.
According to the Ministry, the export duty on wheat will be set at 17.16 USD per metric ton, calculated based on an indicative price of 248.4 USD per metric ton. Meanwhile, barley exports will remain exempt from any duty, with the indicative price established at 204 USD per metric ton.
The export duty on corn has been set at 7.62 USD per metric ton, based on an indicative price of 220.9 USD per metric ton, the Ministry confirmed.
The duty rates are calculated weekly using a formula that considers global market trends and average export prices, in line with Russia’s grain export regulation mechanism introduced to stabilize the domestic grain market and curb inflationary pressures.
These adjustments come as part of the government’s broader agricultural policy aimed at ensuring food security and supporting domestic producers, while maintaining Russia’s strong position in global grain markets.
Russia remains one of the world’s largest grain exporters, with wheat being its most significant commodity on the global market. Market analysts will closely watch how the updated export duties influence trading activity and pricing trends in the weeks ahead.
