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Russia Considers Grain Export Quota, Wheat Export Tax

Quota and the tax could be imposed for February 15-June 30

December 10, 2020

Wheat wheat field cereals

Russia is considering imposing a grain export quota and wheat export tax amid rising domestic food prices, three sources familiar with discussions at the government told Reuters.

The quota and the tax could be imposed for Feb. 15-June 30, two of the sources added.

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Trump's tariff threats target top US ag trade partners

Proposed 25% tariffs on Canadian and Mexican imports could lead to higher food prices and potential retaliation against U.S. farm exports.

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Association News

USGC strengthens ties with Saudi Arabian feed and starch industries

Visits highlight potential for increased U.S. corn exports to Saudi Arabia, as the Kingdom aims for self-sufficiency in key agricultural sectors.

U.S. Grains Council (USGC) staff based in its Washington, D.C. headquarters and regional office in Tunis, Tunisia, recently traveled to the Kingdom of Saudi Arabia to meet with customers of U.S. corn and corn co-products to learn how to increase U.S. market share in the country. Pictured clockwise are USGC Regional Director for Europe, the Middle East and Africa Ramy Taieb (second from left); USGC Deputy Regional Director for Europe and the Middle East Ana Maria Ballesteros; USGC Senior Director of Global Strategies Kurt Shultz; USGC Manager of Global Strategies and Trade Alexander Grabois; and USGC Manager of Global Programs Sadie Marks.

Perdue AgriBusiness launches more sustainable barge

Named Miss Madeline, after the Perdue family matriarch, the innovative vessel marks a significant step in reducing greenhouse gas emissions.

Miss Madeline2[93]

Grain Supply Chain

BNSF's grain shuttle reduction sparks higher bids but improves service metrics

BNSF Railway's decision to cut grain shuttles seems to have led to increased efficiency and better service during the 2024 harvest season.

Railroad Track Crossing Pixabay

Grain export sales dip as barge shipments rise 5%

While export sales fluctuate, rail and barge movements see modest increases, signaling a dynamic grain transportation landscape.

Grain Barge Loaded Pixabay

Grain Trade & Export

USDA announces 2025 trade mission to Guatemala

U.S. agricultural exporters invited to participate in March 2025 mission targeting Guatemala, Honduras and El Salvador markets.

Guatemala Flag Pixabay

Grain Trade & Export

Wheat exports surge 45% while corn sales slump

Wheat and soybean sales surge, while corn exports face challenges in the global market.

Wheat Grain Close Up

Rainfall brings relief to drought-stricken farmlands

Recent precipitation patterns offer hope for many U.S. farmers, yet some regions still grapple with persistent dry conditions.

Clouds Over Wheat Feild Pixabay

Virginia agriculture begins recovery from Hurricane Helene [Video]

Virginia Cooperative Extension's Dan Goerlich and Kevin Spurlin share Hurricane Helene’s economic toll on the state’s agriculture and highlight the ongoing recovery efforts.

Title Card Virginia Cooperative Extension

Grain Trade & Export

USDA launches $140 million Commodity Storage Assistance Program

New initiative aims to help producers access crucial storage facilities in the wake of 2024's devastating hurricanes and other natural disasters.

Wheat Harvet Unloading Pixabay

Grain Facility Renovations & Builds

Port Houston secures $25 million grant for agriculture export improvement

Major infrastructure upgrade set to triple grain export capacity, reduce emissions and improve local stormwater management

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Unshipped US grain export balances soar, totaling 40.81 million metric tons

USDA report reveals corn export sales up 18%, while ocean freight rates to Japan drop 5%.

Corn Pile Closeup

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