Insight: Banner of Lenin flies over would-be Russian farm boom

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STAROSHCHERBINOVSKAYA, Russia (Reuters) - This year's wheat, piled in steel sheds on the Banner of Lenin collective farm, shimmers greyish-gold in the dusty air, a vision of plenty worthy of a Soviet propaganda poster. In Soviet times, the 15,000 hectare farm, in Russia's Black Sea breadbasket region of Krasnodar, would deliver its wheat to the local elevator for shipping inland to make bread. Since the collapse of the Soviet Union in 1991 the farm has turned itself into a 1 billion rouble ($30.93 million) per year business producing wheat, fruit, sausages and sugar. ...




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