"The agriculture Ministry does not expect significant growth in grain prices on the domestic market and sees no need to lift a zero export duties", - stated in the message.
As explained in the Ministry of agriculture, is now limiting supplies to foreign markets is not provided, the beginning of March already exported 30 million tons of grain (excluding trade law). "The Outlook for the permitted export volume amounts to 45 million tons, at current rates of supply, the Ministry of agriculture does not expect the limit is exceeded in the current agricultural year", - stressed in the Ministry.
Earlier, the Minister of agriculture Dmitry Patrushev told journalists that the government is discussing the imposition of export duties on wheat due to the weakening of the ruble. The government of the Russian Federation in February 2015, has introduced a zero rate of export customs duty on wheat. July 1, 2019, the decision was made to extend the zero rate of export duty on wheat until July 1, 2021, In the opinion of the Cabinet, this will facilitate the export of agricultural products.
The situation on the currency market
The ruble fell sharply against us and European currencies on March 9 amid a collapse in oil prices because of the failure of the Vienna talks on the reduction of oil production. So, the dollar on the international Forex market has exceeded a mark 75 rbl. the Euro exchange Rate has risen above 85 RUB Both foreign currency the last time you were at this level in 2016.
Today, the dollar on the Moscow stock exchange is around 74,5 RUB and Euro - RUB 83,9
Translated by service "Yandex.Translation"