Russia: Wheat Export Duty Lifted
The Russian Government lifted duties on wheat exports beginning May 15, 2015, and expects that Russia may export an additional 1 million metric tons of wheat by the end of MY 2014/15. An export duty on wheat in the amount of 15 percent of customs value plus 7.5 Euro, but not less than 35 Euro per 1 metric ton (MT) was in force since February 1, 2015.
