Flaman Rentals Blog

Russian PM orders proposals on wheat export duty

Posted by Eric Anderson Aug 04, 2015

Reuters is reporting that . . . .

Russian Prime Minister Dmitry Medvedev has ordered the preparation of proposals on a grain export duty, following a meeting on the Russian agriculture sector on Monday, according to the government's website.

Medvedev, whose comments were published by the website, did not make any specific orders on the duty. The website also quoted him as saying Russia plans to have a grain crop of around 100 million tonnes this year.

 

Russia introduced a wheat export tax in July, intended to stop exports surging if the rouble drops steeply.


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Posted in Commodity prices | Tagged with wheat Russia trade | More articles by Eric Anderson



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