The Russian government set a tariff quota for Russian grain exports and a wheat export tax, valid from February 15 to June 30,2021, the Russian government said on its website.
 
The government said Prime Minister Michushkin signed a series of resolutions to stabilize the food market.
 
"In order to stabilize the price of flour and bread, the government set an export tariff quota of 17.5 million tons for wheat, rye, barley and corn ," the news said. Exports of food exceeding the quota will be taxed at 50 per cent of the tariff value of the export product, but not less than 100 euros per ton ."
 
"Within the quota, For rye, barley and corn, Wheat export tax is 25 euros per ton. This decision involves exports from Russia to products outside the customs union, Valid from February 15,2021 to June 30,2021.

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