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Annual Report 2019

Rusagro announces introduction of export quotas on grains and export duties on wheat

16.12.20

From 15 February to 30 June, 2020 export quotas on grains (wheat, barley, rye and corn) at the level of 17.5 million tonnes will be introduced. This quota will be allocated among producers in proportion to their export volumes during calendar year of 2020. Also, export duty on wheat will be introduced at the level of 25 EUR/tonne. Other grain crops continue to be free of export duties. If wheat export volumes exceeds the quota, than the export duty should be 50% of FOB price, but not less than 100 EUR/tonne. At the moment Rusagro’s stocks of grains amount to 350 thousand tonnes.

 

On Thursday, 17 December at 16:00 Moscow time Rusagro is hosting a web-conference to discuss latest news and invites to join the event. Working language is Russian.

The call will be hosted by:

Maxim Basov, CEO of Rusagro

Svetlana Kuznetsova, Head of Investments of Rusagro

Please note, that will use Zoom to hold the conference call. To ensure that the call is seamless, please make sure you have the latest version of the Zoom client installed on your computer, tablet or mobile device you intend to use to join the conference. If you would like to ask questions, please make sure you use your full name and company name, so that the meeting host could easily identify you.

Connect to Zoom Conference:

https://us02web.zoom.us/j/89345375949?pwd=a3cwVWF3ODB3M3hDQnh6bWtpMFVDZz09

Conference ID: 893 4537 5949

Password: 741976

Phone connections are also available (listen-only). The list of available local phone numbers are available here: https://us02web.zoom.us/u/kscJRNWOW