MOSUL TIME RADIO
The Russian Ministry of Agriculture announced that customs duties on wheat exports from Russia will double for the period from 21 to 27 of this month of August by 3.2 times to 828.4 rubles per ton (about 9.2 dollars) .
According to data from the Russian Ministry of Agriculture, customs duties on corn exports will also rise by about three times to 1,033.6 rubles .
Customs duties on wheat exports from Russia for the period from August 14 to 20 are 257.3 rubles per ton, which is the lowest level since 2021. As for corn, the duties for the aforementioned period amount to 344.5 rubles per ton .
Earlier, the International Grains Council improved its forecasts for wheat exports from Russia for the current agricultural year and expected that Russia would account for a quarter of global wheat exports for the first time, knowing that it is the first exporter of wheat in the world .
The organization expects Russia to export 53.1 million tons of wheat this year, after it expected 52.1 million tons last April. The new index is the highest number recorded for wheat exports in Russia’s modern history, and will be 10% higher than last year .
