Russian export taxes a bonanza for Australian farmers

By Grain Brokers Australia
Updated February 23 2021 - 6:59pm, first published 5:00pm
Restrictions put on grains in Russia and smaller wheat crops in the European Union and Argentina are making trade conditions more competitive for local growers.
Restrictions put on grains in Russia and smaller wheat crops in the European Union and Argentina are making trade conditions more competitive for local growers.

Taxes on the export of Russian wheat came into effect last week, in conjunction with an export quota, and will be followed in March by taxes on corn and barley exports.

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