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Will there be another Great Grain Robbery?

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam  • 4 min read
Will there be another Great Grain Robbery?
Investors have a better chance of profiting from grain traders than of unearthing deals / Photo: Bloomberg
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Investors may want to focus on a deal masterminded by a forgotten bureaucrat in 1972. Nicolai Belousov was the head of Exportkhleb, the Soviet state grain trading agency. The Soviet Union was dismantled in 1991, but it was a powerhouse in its day.

It was a sprawling nation of 12 time zones. The superpower has since disintegrated into 15 separate states.

In 1972, the Soviet Union represented 15% of the world’s GDP and consumed 18% of the world’s food.

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