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| A wheat harvester in a threshing floor in Russia |
For the first time since 2021, Russia reduces wheat export duties to zero to boost sales.
Russia has cut its weekly wheat export duty to zero for the first time since its introduction in June 2021, in an attempt to revive sluggish sales.
The Russian Ministry of Agriculture set the duty at zero from July 9 to 15, down from 56.3 rubles ($0.70) per ton, effective from July 2 to 8.
Russia uses a floating export duty system for wheat, corn, and barley, calculated weekly based on the difference between the base price and the export price. Over the past six months, Russia has significantly reduced its wheat duty, from 4,769 rubles ($60) per ton in late December.
This move comes amid declining exports from Russia, the world's largest wheat exporter.
In June, Russia exported 1.12 million tons of wheat, a quarter of the level compared to the same period a year earlier, Interfax reported this week, citing the Russian Grain Union. According to preliminary data from the Federation, wheat exports fell by 28% between July 2024 and June 2025, reaching 41.5 million tons.
Deputy Prime Minister Dmitry Patrushev acknowledged the significant decline in Russian grain exports in May and said urgent measures were needed to correct the situation and maintain market share, according to Interfax. At the end of May, the Ministry of Agriculture announced that it intended to maintain export duties but would adjust the base level for their calculation.
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