Oilseeds - Oilseeds

Sunflower seeds: sowing is finally progressing

March 31, 2021 12:04 PM, Der AUDITOR
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SOFIA/MOSCOW. Bulgarian sunflower seed farmers took advantage of the first warmer days last week to advance sowing for the 2021 crop. At the same time, reports of a 50% export duty on Russian sunflower seeds are keeping the market on tenterhooks.

50% export duty on sunflower seeds

Last week, various agricultural media reported on a proposal of the Russian Ministry of Agriculture during the meeting of the Subcommittee on Customs and Non-Tariff Regulation on 26 March to raise the export duty on sunflower seeds from currently 30% to up to 50%. The aim is to apply the tariff from 1 July 2021 to 1 September 2022, which would be 14 months and therefore affect the entire 2021/2022 season. According to insiders, the government in Moscow is currently working on the final version of the decision, so no official statem

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