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

> Russia's budget revenue from floating grain export duties in 2026 is projected at 76.4 billion rubles, against an initial plan of 138.8 billion rubles. The shortfall is attributed to low global grain prices pushing duty rates to zero or lower.

- Date: 2026-11-03 · published 2026-11-04T19:37:38.775Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/80400-grain-export-duty-revenues-in-2026-fall-45-short-of-budget-projections
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Low world grain prices keep Russian export duties near zero, which supports Russian exporters' margins and sustains competitive Black Sea wheat offers, pressuring global wheat prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-09-02 | [Russia Pauses Grain Export Duty as Black Sea Exports Stall (2)](https://feedsoft.ai/events/14087-russia-pauses-grain-export-duty-as-black-sea-exports-stall-2.md) | +0.7% | +2.9% |
| WHEAT | 2025-09-23 | [New edition of OECD inventory highlights a sharp fall in global export restrictions on staple crops](https://feedsoft.ai/events/22815-new-edition-of-oecd-inventory-highlights-a-sharp-fall-in-global-export.md) | -0.2% | +1.8% |
| WHEAT | 2022-07-03 | [Arab News \| Commodities Update — Gold prices fall; Indonesia to raise palm oil export quota; Russia reduces grain export taxes](https://feedsoft.ai/events/6223-arab-news-commodities-update-gold-prices-fall-indonesia-to-raise-palm-oil.md) | -5.4% | -14.6% |
| WHEAT | 2021-12-15 | [The Government reduces export duties on some agro-industrial products to zero](https://feedsoft.ai/events/14068-the-government-reduces-export-duties-on-some-agro-industrial-products-to-zero.md) | +4.2% | +7.4% |
| WHEAT | 2026-02-24 | [Amendment in Export Policy of Wheat — 62/2025-26 \| DGFT notification · Complied AI](https://feedsoft.ai/events/20578-amendment-in-export-policy-of-wheat-62-2025-26-dgft-notification-complied-ai.md) | +0.6% | +0.4% |
| CORN | 2026-09-02 | [Russia Pauses Grain Export Duty as Black Sea Exports Stall (2)](https://feedsoft.ai/events/14087-russia-pauses-grain-export-duty-as-black-sea-exports-stall-2.md) | -1.1% | +2.5% |
| CORN | 2025-09-23 | [New edition of OECD inventory highlights a sharp fall in global export restrictions on staple crops](https://feedsoft.ai/events/22815-new-edition-of-oecd-inventory-highlights-a-sharp-fall-in-global-export.md) | -1.4% | -1.4% |
| CORN | 2025-03-25 | [US grain industry warns of economic fallout from proposed shipping rules \| Feed & Grain](https://feedsoft.ai/events/25781-us-grain-industry-warns-of-economic-fallout-from-proposed-shipping-rules-feed.md) | -1.5% | +3.1% |

## Sources

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLTkbRVcmpLd6F8QfW8mAE83

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.