Photographer: Vincent Mundy/Bloomberg

Russian Tax Hinders Global Wheat Traders Amid Bumper Exports

Updated on
  • Olam, Nidera exports fell even as Russia boomed, ProZerno says
  • Export tax probably hampered outbound sales, according to Ikar

Global grain traders such as Olam International Ltd. and Nidera BV reduced Russian exports last season even as a bumper crop and weak ruble made the nation the biggest wheat supplier, said a Moscow-based researcher.

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