Create a free Feed & Grain account to continue reading

Russia May Impose Formula-Based Wheat Export Tax

Tax may be set at 70% of price/tonne minus $200

Wheat 368867 960 720

Russia is considering introducing a formula-based export tax for wheat from June 1, two sources familiar with government talks, told Reuters on Saturday.

The tax may be set at 70% of price/tonne minus $200, they said. One of the sources added that Russian officials are still debating about what to accept as the price for the formula.

Page 1 of 282
Next Page