We are all reborn, who wants to be the richest man?
Chapter 658 Soybean Sniper War 3
Chapter 658 Soybean Sniper War 3
September marks the beginning of a new agricultural cycle in the United States.
“US$230 per ton? Isn’t this price too high?”
“No, according to the survey conducted by the company we found, Rabbit’s soybean imports next year will be around 240 million tons.
Even if farmers want to expand soybean planting areas, the earliest they can harvest is August next year.
Before this, if you want to get spot soybeans in the market, you can only depend on our mood."
At ADM headquarters, CEO Clarmond is explaining to the board of directors his plans for ADM and expected management and earnings for the coming year.
"Crammond, don't forget the Southern Hemisphere."
Starting in February, soybeans in the southern hemisphere will be harvested.
“Haha, if it weren’t for the Southern Hemisphere, I wouldn’t dare to set such a high price.
Now the soybean planting in Brazil and Argentina is in the hands of our four major grain companies and Pioneer Seed. Pioneer Seed is not a one-man show by the Luo family, so it is impossible for them to just sit there and not make money.
According to the latest information I have received, the soybean harvests in Brazil and Argentina are not good this year, which means that the shortage in the market will only become more serious.
Even if Xiannong wants to be a philanthropist, the global soybean shortage is inevitable."
The four largest soybean producing countries in the world are the United States, Australia, Brazil and Argentina.
Except for rabbits, the other three main producing areas are in the hands of the four major grain traders and Pioneer Seeds.
Although China is the main producer, it cannot even meet domestic demand. It can be said that the current soybean price is controlled by four or five major grain traders.
"This is really good news, it's worth having a drink to celebrate."
One director's words resonated with everyone: that is the capitalist.
They completely ignore whether the world's food harvest will usher in a good harvest, or how many lives suffering from hunger can be nourished. Their eyes are always fixed on the balance of interests, and consideration of people's livelihood and well-being always seems to take a back seat.
"Cramond, you are the current CEO of ADM and we all support your decisions."
ADM did this as if it had been discussed in advance, and the other three major grain traders also raised their soybean shipping prices at the same time.
The soybean futures price is not that high? You can only see it when I let you see it. If I don’t let you see it, then you must use my price. It’s so overbearing.
Spot delivery? Sure, wait for the delivery date.
Even these four major grain traders still have expressions of loss and feel that signing the contract now is a disadvantage because the soybean futures price will definitely be more than the current level.
The friend who came with Rabbit said they would consider it, and the four major grain traders said it was up to them, saying that they were businessmen and they were not forcing anyone to buy or sell.
But what the four major grain traders did not expect was that there was no news about this consideration.
"What's going on? Go investigate."
There was no news from the other party for three days, and Cramond felt something was wrong.
The secretary quickly gave him feedback, and the result was beyond Cramond's expectations.
"gone?"
"Yes, boss.
The hotel staff said that the other party checked out yesterday morning. I went to the airport to check and found that the other party did not go to other cities, but chose to return home directly."
Not going to other cities means not asking the other three companies for directions, and returning home without saying goodbye is very rude.
After all, we are in the process of negotiation. If you leave without giving a result, it is equivalent to standing the other party up. In the business world, it is a rule that even if a deal fails, the friendship remains.
"Investigate it. I want to find out what's going on."
"Okay, boss."
Three days later, when Cramond finished reading the information in his hand, his face was full of disbelief.
"You mean that recently there are cargo ships full of soybeans at many ports along the Rabbit coast. According to your understanding, at least 50 tons have been shipped in the past half month?"
"Yes, the news is very easy to check. Many ports are working day and night and have no intention of concealing it."
"Have you found out who is the seller behind this?"
"It is a company called Penglai Trading, but behind this company is Xiannong, and behind Xiannong is Pioneer Seeds."
“Where do they get all that soybean?”
It’s not that Pioneer Seeds can’t provide these 500,000 tons of soybeans. They can provide more.
But won't their regular customers be maintained? And according to the information obtained by Cramond, Pioneer Seeds' soybeans in the United States are still supplied to Europe and Southeast Asia as usual. There are no rabbits here, and the soybeans in the southern hemisphere are still far from a good harvest. "Investigate, continue the investigation."
Not only Cramond didn't understand why there were suddenly so many extra soybeans, the other three major grain traders did the same and they all launched investigations.
However, Luo Nianzhong did not cause any trouble for the four major grain traders and chose to announce it himself.
September 9, Chicago Board of Trade.
When the opening time came, we saw the price of soybean futures plummet.
The price fell from $5.67 per bushel to $5.5, $5.35, and $5.12.
In a short period of time, the price of soybean futures fell to US$1896.2 per contract.
One soybean futures contract is ten tons. The current price of one ton is less than US$190, and the downward trend is very fierce.
No one will be surprised at the sudden collapse in soybean prices, as any major newspaper today will reveal.
If you are in a futures exchange, you may not even need to look for it. Newspapers can be seen everywhere on the ground. They are left by people who invested in soybean futures.
"One million hectares of fertile land have been discovered in Russia's Far East, which may become the world's new major grain producing area"
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Pioneer Seeds' new brand of soybean seeds helps cold regions, and global food production is expected to increase.
These headlines filled the pages of every major newspaper, with pictures of soybean harvesting in the Far East.
"Damn it, this is Pioneer Seeds' fault. They actually secretly planted so much soybeans in the Far East.
I don’t know what those officials in the White House do for a living. Didn’t they send a lot of people to Mao? Why didn’t they find such a large area of soybean planting?”
Beautiful Americans? Those people only stay in Moscow and the western regions. Who would care about the poor Far East?
"Boss, please check out the NBC midday news."
Although she knew that Cramond must be furious, the secretary still had to perform her duties. She picked up the remote control and turned on the phone while speaking.
"I'm Lawrence, a special correspondent at the front. I'm currently in the Far East of Russia. We can see people here are operating large machines to harvest soybeans.
This is really exciting news. New arable land means more food, and we are one step closer to eliminating hunger for all mankind.
Now let us interview the person in charge here, Belekov, deputy general manager of Da Mao Pioneer Seeds."
"We know that soybeans were grown in the Far East in the past, but the area was very small due to climate reasons. Why is it being grown on a large scale now?"
Belekov answered the questions calmly and in a gentle tone.
“Well, the reason why we can grow soybeans on such a large scale is that our Pioneer Seeds has developed a very cold-resistant soybean seed called Helen No. 1. Its appearance can at least push our traditional soybean planting belt up five degrees of latitude or more.
In the past, the Far East was dominated by potato cultivation, but everyone knows that potatoes have very low economic value, especially in the Far East.
Now we have Helen 1, and Far East will completely change this situation."
“One question that many people are concerned about is how much soybeans are planted in the Far East, or how much can be harvested this year.
I think you are aware that soybean futures prices have plummeted and now everyone is wondering about the soybean production in the Far East this year."
"Hmm," Belekov thought for a moment, "Actually, if we only look at this year's output, it's about 120 million tons of soybeans."
“What does this year mean?”
Belekov glanced at the female reporter, his eyes full of the expression that you are very smart.
“We started the experiment four years ago, but the area planted was very small at the beginning, so we didn’t sell it.
If we take into account our reserves, it will be no problem for us to sell 160 million tons of soybeans."
"160 million tons? This will make up for this year's soybean gap. It seems that consumers don't have to worry about commodity price increases."
"Actually, it's not entirely true. I think soybeans are likely to enter a big bear market in the next two years."
"How to say?"
"As far as I know, the Northeast region of China has achieved a bumper harvest this year. In addition, the soybean planting area in the Far East will at least double next year, so soybeans are likely to enter a situation of oversupply."
"Bang" Cramond didn't want to listen at all, picked up the cup on the table and smashed it at the TV.
"This is a conspiracy, a conspiracy of Pioneer Seeds."
Now everyone knows that this is aimed at the four major grain traders, but what can they do?
(End of this chapter)
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