Column: State intervention threatens Russia’s position as a wheat superpower
Excessive export taxes will hit the farmers’ ability to invest in production and stifle output
Russian wheat prices push higher again supported by export tax
Last week, 12.5% wheat prices in deep-sea Russian ports rose $2 to $303/mt, the new seven years high. Russian wheat continues to lose its competitive edge but hardly predictable export tax doesn’t allow exporters to lower prices.
Russian wheat prices hit 7 years high
Prices for Russian wheat with 12.5% protein at the end of last week have strengthened by $3 to $301/mt FOB deep-water ports. This is the highest price level since April 2014.
Russian wheat floating tax explained, GASC returns to the market
Egyptian GASC is holding a wheat tender on April 6 for August shipment. We believe that the Egyptian firm could return to the market to test how the new Russian floating tax will affect offers. Andre explains how it’s calculated.
Andrey Sizov speaks about Russian grain taxes and 2021 wheat crop
Q&A with Andrey about Russian grain taxes and 2021 wheat crop
Russian 20/21 wheat export forecast upped on fast pace of shipments and bigger supply
Russian wheat export forecast upped on record shipments and expected bigger supply
Ruble wheat prices up, government threatens to cap grain prices
Last week, wheat ruble prices were higher again in Russia’s market, supported by sluggish farmers’ sales. The government tries to encourage farmers to sell more aggressively.
Wheat prices sharply up as Russia introduced new restrictions
Wheat prices sharply higher after Russia’s tax news
SovEcon cut 2020/21 Russia’s wheat export estimate by 10%
SovEcon, a leading Black Sea agricultural markets consultancy, cut 2020/21 Russia’s wheat export estimate from 40.8 MMT to 36.3 MMT …
Russian wheat tax and quota – market implications
Russia is introducing a flat wheat export tax of 25 EUR/mt (EURUSD = 1.21). What does that mean for global wheat market?