Skip to content
Market intelligence
Policy geopoliticsRussiaDeveloping story

Russia scraps floating export duty on wheat, barley and corn through Dec 31, 2026

On September 21–22, 2026 the Russian government adopted a decree suspending the floating export duty on wheat, barley and corn and setting rates to zero through December 31, 2026, while capping sunflower oil and meal duties at August 2026 levels.

On September 21–22, 2026 the Russian government adopted a decree suspending the floating export duty on wheat, barley and corn and setting rates to zero through December 31, 2026, while capping sunflower oil and meal duties at August 2026 levels.

Removing the floating duty lowers the marginal export cost for Russian grain exporters and should exert downward pressure on global FOB wheat, barley and corn prices if exporters move volumes to market. That could ease food-import bill pressures for net importers such as Egypt, moderating near-term fiscal subsidy risk; actual transmission depends on export volumes, logistics constraints and global demand shifts.

Monitor publication of the full government decree on the official legal portal and weekly Russian export registration data for evidence of increased shipments.

Sources & verification

Developing story

Further independent confirmation is required.

Public references supporting this brief.

Was this brief useful?
Back to the briefing
All market intelligence