The front basically says:

'HITLER-
THE LIBERATOR
from the Stalinist kolkhoze (collective farming) yoke!

THAT MEANS
- Hitler is a friend of Peasants!

What are you waiting for?

I'LL GO TO HITLER!'

[Below: Click to enlarge.]

The larger text basically says:

'NEW WAY

No 17 (38) 4th of March 1942 Wednesday No 17 (38)

Germany destroys the the collective farm slavery system forever

PEASANTS!

NEW LAND USE
A. The abolition of the collective farming system.
1. You can go to the side of the German troops without a pass:
It is enough to shout "Bayonets in the ground" '

  • On the side it says in German:

    'German leaflet for officers and enlisted personnel of the Soviet Army'

  • Special thanks to 'Deutscher Offizier' for help with the translation! You rule Kamerad!