On the 28th week, freight rates in Azov-Black Sea region started to fall again. Thus, a shipment of 3000 tonnes of wheat from Azov to Marmara Sea ports this week costs USD 32 pmt. The expected continuation of growth did not happen due to several factors. First of all, it is worth noting the reduced activity on the part of Turkish buyers, who focused on Ukrainian grain as part of the uncertainty over the extension of the grain deal this week. Russian traders are currently trying to sell to other destinations where there is demand for Russian grain, such as Greece or Lebanon. In addition, it is worth noting that in many Russian regions the harvesting of the new crop is slower than last year. Another factor is the increase in export fees on grain exports. Thus, the tax on wheat exports from Russia from 12 July will increase to 2989.6 rubles per tonne, the duty on barley exports will remain zero, and the tax on corn exports will increase to 1237.4 rubles per tonne.