Russia to Extend Export Duties on Sunflowers, Soybeans, Interfax Report Says
In a recent decision reported by Interfax, the Russian government has approved the extension of export duties on sunflowers and soybeans until August 2026. This move, announced by the Russian economy ministry, continues the current export duties, with sunflowers taxed at 50% or at least 32,000 roubles per metric ton, and soybeans at 20% or no less than $100 per metric ton. Additionally, the Russian commission on customs tariffs has extended the "floating" duty rates on sunflower oil and sunflower meal.