Rising Bread Prices in the rf– a Consequence of Raiding of the Economy

putin’s redistribution of property in the agricultural market, which began with the russian-Ukrainian war, has become one of the reasons for the significant rise in bread prices in russia. Over the past 15 months, a sliced long loaf has increased in price by almost 100 %. Bread is one of the food products that rose in price the most over the past year. This year, the situation with bread prices in the rf will only get worse, and a loaf will rise by another 15-20 %.

The family of putin’s aide nikolai patrushev is actively taking over large agricultural and food assets in russia. In March of this year, beneficiary of the “rusagro” agricultural holding vadim moshkovich was arrested on fraud charges. Relying on the kremlin’s promises of “complete security of work at home”, he redomiciled the company from Cyprus to the rf. Today, under the slogan of “nationalization,” his property is being transferred to the management of one of the operators close to the state, controlled by minister of agriculture of the rf dmitry patrushev. It is under this scheme that the macaroni concern “makfa” and the “ariant” group (includes the country’s largest winemaker “kuban-vino”) have changed hands.

International sanctions do not apply to food, so the assets of agricultural producers are a tasty morsel for putin’s friends. The brothers arkady and boris rotenberg, the authors of the scheme with “nationalization”, are also actively involved in the redistribution of agricultural assets in the rf.

Over the three years of the war, russian prosecutors have confiscated $32 billion worth of private property. State raidership makes producers include the risk of asset loss in the cost of production. The amount in the check includes compensation for hostilities in several agricultural regions of the rf, problems in the economy and natural disasters – grain crops at the end of 2024 were in the worst condition in decades.