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Links to previous press releases are below.

News X

Russia to Remove Wheat Export Duty

Grain

The Russian government has announced that it will lift the export duty on wheat shipments from 15 May, Reuters reports. The duty, imposed on 1 February, was initially set to run until 30 June and amounted to 15% of the customs price plus �7.50 to a minimum of �35.00/t. It was introduced as part of a package of measures intended to reduce exports which had surged in the face of a rapidly depreciating Rouble.