Grain Export Duty Revenues in 2026 Fall 45% Short of Budget Projections

After 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.

• Sep 2, 2026Russia Pauses Grain Export Duty as Black Sea Exports Stall (2)+0.7%
• Sep 23, 2025New edition of OECD inventory highlights a sharp fall in global export restrictions on staple crops-0.2%
• Jul 3, 2022Arab News | Commodities Update — Gold prices fall; Indonesia to raise palm oil export quota; Russia reduces grain export taxes-5.4%
• Dec 15, 2021The Government reduces export duties on some agro-industrial products to zero+4.2%
• Feb 24, 2026Amendment in Export Policy of Wheat — 62/2025-26 | DGFT notification · Complied AI+0.6%

After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.

• Sep 2, 2026Russia Pauses Grain Export Duty as Black Sea Exports Stall (2)-1.1%
• Sep 23, 2025New edition of OECD inventory highlights a sharp fall in global export restrictions on staple crops-1.4%
• Mar 25, 2025US grain industry warns of economic fallout from proposed shipping rules | Feed & Grain-1.5%
• Apr 24, 2025Grain Transportation Report, April 24, 2025-1.0%
• Sep 1, 2017E.U. doubles import duty for corn, sorghum, rye | World-grain.com | September 01, 2017 13:29 | World Grain-0.4%