The richest man starts with a blind box

Chapter 597 1 Storm [Additional]

Chapter 597 A Storm 【Addition】

Huang He swears to God, this line is definitely not prepared by him, but it is such a good opportunity to speak the line, it would be a pity not to use it.As for the reporter who took the photo, it was indeed an accident.After all, it is normal for reporters to sneak in and want to take pictures of the party held by Buffett.

But Boss Huang will send someone to find this reporter later, but not to suppress this reporter and let him keep his mouth and camera in check.

Instead, he told the reporter that if he captured the news, he should boldly send it out and be an envoy of justice.

Bill Ackerman was left speechless by Boss Huang's reprimand. Although he wanted to get angry, Huang He was a top rich man after all. There were several armored vehicles at the door. If it wasn't for the security personnel at the door, he would not let him go When these bodyguards came in, Boss Huang had to follow behind with a pair of heavily armed security personnel. There was really no need for him to argue with such guys.

So Bill Ackerman left, and almost everyone at the scene was white. After listening to the old boss Huang's speech, they all immediately showed disgust for Huang He, so the boss Huang really saw I'm tired of people, so I can quietly huddle in the corner and eat with little Swift.

But at this time, Boss Huang was not in the mood to eat. All he could think about was the important news that Bill Ackerman had just revealed to him.

"Boss, what kind of futures are you just talking about?" Little Swift asked in a low voice. He has been thinking about this question, but he still has no answer.

"It's soybeans!" Huang He said flatly.

"Soybeans?" Little Swift was stunned for a moment, and then quickly recalled all the soybean-related futures data he had just received in his head, trying to find the abnormalities inside.

"Soybeans seem to have continued to rise for a month, but this is normal because the Ministry of Agriculture said that the bad weather in 03 led to a sharp drop in soybean production last year. At the same time, due to problems in the warehouse, some soybeans in stock were damaged. , so the supply of soybeans in our country will be greatly reduced this year, which will cause the price of soybeans to rise continuously for a month, which seems to be a very normal thing! What's so strange?" Little Swift asked himself puzzled Said to himself.

[PS: The soybean crisis started in August 2003, and it has been postponed for several months to meet the needs of the plot, hereby explain]

"This is naturally a bit strange. Soybeans start to be harvested in September, and the national soybean production statistics will be available in December, so in the past, the Ministry of Agriculture released data in early January."

"However, the release of today's data has been delayed for a month, and it will be released in early February!" Huang He said.

"Well, this is quite normal. Those guys often delay releasing data for various reasons. Sometimes the delay will happen for 6 months. One month is really nothing!" Little Swift said.

"Then let's talk about this fire. The warehouse where the fire broke out is located in an important agricultural town in the United States. This is a huge agricultural logistics center. In addition to storing a large amount of soybeans, it will also store corn, wheat, etc. A large number of other things agricultural products."

"Don't you think that's weird? We've only had news of a serious drawdown in soybean stocks, but not any other drawdowns in agricultural products. Isn't that too much for a general warehouse, and it's also an agricultural warehouse?" Something strange?" Huang He said.

"Maybe it was just a small fire, which only ignited in the warehouse where soybeans were stored, and did not cause fires in other products!" said Swift Jr.

"Of course, there is such a possibility, but the biggest problem is that the news of the soybean fire was released at 2 am on February 3, but the price of soybeans was still falling on February 10 the day before. After that, the price started to rise suddenly, and the price increased by 2% in almost a day." Huang He said.

"Eh... isn't this a very normal data?" Little Swift was confused. "Is it abnormal to increase the price after the news is announced?"

"Of course this is not normal!" Huang He sneered, "Have you forgotten our experience this time? Before Assam was arrested, the price of oil futures began to plummet three days in advance. But this time, the fire started on 2 It happened in the early morning of February 2nd, theoretically some forces should have learned of the warehouse fire on February 2nd.”

"However, these institutions did not buy soybeans in large quantities in advance. Instead, they honestly waited until the official announcement to buy soybeans in a hurry, and then started to build positions. So soybean prices began to rise... Do you think this is normal?"

..." Little Swift was speechless, yes, it seems to be a normal thing, but when it comes to those capitalists in the United States, it is really abnormal, how could they not engage in insider trading?
"So I guess, this soybean rise should be a systematic and planned team hype!" Huang He said lightly, "Whether it is news of soybean production reduction or warehouse fire news, they are all deliberate. It’s just an excuse to raise the price of soybeans.”

"And this excuse is to deceive another force, so that everything seems to happen by chance, without any human factors, so they will honestly choose to push up the price after the news is announced. "

"This method looks very clever, but it can't fool Bill Ackman, a guy who knows every bone of Wall Street and those capitalists, so he can find out from these abnormal data problem, and then realized that a large-scale short-selling of soybeans is about to start!" Huang He said.

"Short?" Little Swift was stupid again, he asked foolishly, "Shouldn't this be long?"

"No... this is short selling!" Huang He sighed, remembering the soybean crisis that many people in his previous life probably didn't even know about, but it destroyed the entire soybean industry in China in one fell swoop.

Many people may not know that before 2018, 80% of China's soybean industry was actually in the hands of foreigners, whether it was the Arowana under the Yihai Kerry Group or the domestically produced Luhua , Fulinmen and other edible oils have actually been controlled by foreign countries.

At the peak, foreign capital controlled 85% of the entire soybean industry market. This is a very helpless fact, so why would 85% of a good market be controlled by foreign capital?
Could it be that Chinese people are all fools, can't manage this market well?

Of course not, the source of all this comes from this year's soybean turmoil.

First of all, one thing must be understood, that is, about 80% of China's soybeans are imported from the international market.

Because the United States is leading in genetically modified technology, their soybean production and planting conditions are more relaxed, and at the same time, the yield is higher, especially the oil yield is higher.

Take the Northeast Golden Soybean, which was famous in China in the 90s. It is the best soybean in my country, but the oil yield is only 5/6 of that of imported soybeans, but the production and planting costs are more than 50% higher.

In this way, even if a shipment of foreign soybeans is shipped to a domestic port, and the import tax rate is included, the remaining external sales price is still only about 85% of that of Northeast soybeans. The natural advantage in price will naturally destroy the domestic soybean planting industry.

Although the taste of these imported soybeans is extremely bad, and the soy milk produced is also very unpalatable, but these soybeans are used to extract oil, so it doesn't matter.

However, this only destroyed the soybean planting industry, and it seemed that it could not destroy the soybean processing industry until the soybean crisis in 2004 began.

Historically, when soybeans have risen for nearly 6 months, at the beginning, domestic soybean processing companies chose to follow the market. They bought as many soybeans as planned, and the market price was based on the price. How much to buy, the big deal is that the cost will be passed on to consumers, and they will not lose money.

,只是一涨就是6个月的时间,芝加哥商品交易所的大豆价格从2003年8月的最低540美分,一路上涨到2004年4月的1060美分,创下了近30年的新高,这相当于华夏境内价格从2300元/吨上涨到4400元/吨。

And such a terrifying growth has naturally caused panic among a large number of Chinese soybean crushing companies, plus a large number of media at this time.

Whether it is American media, European media, or domestic media.

Well, anyway, the media all over the world, under the control of some international speculators, began to spread rumors, saying that the current price of soybeans is not the limit, and it will rise to 5000 yuan a ton in one month, and in three months It will rise to 6000 yuan a ton.

Moreover, it seems that the weather in the United States is not good this year. If it is not good, the production will be reduced again, and it is not impossible to increase to 1 yuan per ton by then.

Those with a discerning eye would know that these words are nonsense, maliciously creating panic, but the problem is that three people become tigers. When almost the media around the world are hyping the same topic, many companies will completely panic.

So soybean crushing enterprises in China began to rush to purchase more than 4300 million tons of soybeans at a price of 800 yuan per ton. More than 2004 million tons of soybeans were "snatched up" near the historically high price of tons, with a total value equivalent to 3 billion yuan.

Then these international financial speculators backhanded short in an instant and began to sell soybeans crazily. In just two or three months, the price of soybeans dropped from 4400 yuan per ton to 2200 yuan, and only half of the price remained.

Those soybean crushing companies who thought they were making a lot of money were instantly dumbfounded. They all hold soybeans bought at double the high price. How can they compete with those companies that only buy soybeans at half the price?

As a result, the original industry-wide profit turned into an industry-wide loss. According to statistics, thousands of soybean crushing companies in China went bankrupt at that time, and all of these companies were bought by international capital at low prices. This is why there are 85% of the market. , all of which are in the hands of foreign capital.

Because the entire Chinese soybean crushing industry was completely obliterated by international speculators, and later this war became a classic case of countless financial schools, and it also became an eternal joke.

(End of this chapter)

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