Russia suspends grain export duties through Dec 31 to ease logistics, price pressure

Russia has formalized a zero-retention (export duty) regime for wheat, barley, and corn, retroactive from September 1 to December 31, 2026, via a decree signed by PM Mishustin. The move, anticipated in early September, aims to alleviate logistical bottlenecks and domestic price pressure. It signals a policy shift toward boosting exports, which could increase global grain supply and pressure international prices.