The Russian Oil and Grease Association proposes to impose export tariffs on Russian soybeans

Russian ZERNO news network reported on December 2nd, the Russian Grease Association executive manager Maltsev said that the Association recently proposed to the Russian Ministry of Economic and Social Development to increase soybean export tariffs from zero to not less than 20%.
earlier, the association had proposed raising the tariff on sunflower exports from 6.5 per cent to 20 per cent.
according to the Russian Ministry of Agriculture Agricultural Analysis Center data, Russian soybean prices are on the rise.
November 18, the value-added tax price for Russian soybeans was 33,253 rubles ($441) a tonne, up 593 rubles ($7.86) in a week.
, soybeans were priced at just 23,378 rubles ($310) a tonne, up from 21,350 rubles ($283) on November 21, 2019.
same time, soybean meal prices are rising.
November 18, Russian soybean meal reached 43,313 rubles ($574) a tonne, up 173 rubles ($2.29) in a week, and 7,985 rubles ($105.88) from early September.
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