Russia will simplify the process of companies joining the grain exchange

It is expected that more companies will join the grain exchange in the near future thanks to simplified access.

Trial trading for companies wishing to participate in the grain exchange is scheduled to begin as early as December 2025.

This was announced by Russian Agriculture Minister Oksana Lut.

«We, together with the Central Bank, have initiated a simplification procedure, and trial trading for all companies will begin on December 20.

We have greatly simplified the process—you’ll just need to fill out a form, and then, once we synchronize with the Unified Identification and Authentication System (ESIA), you won’t need to do anything except launch the exchange through Gosuslugi,» she noted.

Experts believe that many companies will likely want to take advantage of this simpler algorithm.

At the same time, authorities see a number of opportunities in expanding trading through the grain exchange. First and foremost, such a mechanism could help establish adequate and fair prices for grain.

Furthermore, participation in such auctions by small and medium-sized companies, not just large ones, would allow them to bring their products to market and find buyers with virtually no time or resources.

Another important factor is that buyers and sellers do not know each other during negotiations. This allows for transactions to be conducted as fairly as possible, with suppliers and buyers selected based on product quality and price, rather than personal agreements.

Experts emphasize that this format has long been used in global markets, and its implementation in Russia can be considered a clear step in the right direction.

Furthermore, it is planned that this project will be integrated with the Federal State Information System «Grain.» This system is used to track the origin and movement of each grain shipment.

Since many companies will likely want to participate in exchange trading, this will automatically lead to their accession to this system, further enhancing the transparency of grain trading.

Furthermore, there are plans to launch the calculation of a new market indicator—the Novorossiysk SRT price—based on exchange data.

Experts note that the technology is expected to be fully operational by January 1, 2026.

According to analysts, in the long term, there is every reason to expect that the number of trading participants on the exchange will increase significantly in just a few years, making trading as fair and profitable as possible for everyone.