Chicago Board of Trade

Turkey has extended the suspension of 20 percent tariffs on wheat, barley, and corn imports until April 30, 2021, according to a presidential decree published in the Official Gazette on Dec. 17.

In a previous decree on Oct. 30, wheat import tariffs had been suspended until the end of this year.

Russian grain is flowing around the world in a way not seen since the last years of the Tsarist empire a century ago but the country’s export expansion looks set to hit a wall because of a lack of infrastructure.