The United States' move of cutting off China's financial support caught China off guard.
The soybean seeds that were originally sold at a half-price discount suddenly required money.
And the price is ridiculously expensive.
But there is no way, because only the United States has this technology now.
In order to protect its own interests, the United States specially processed those seeds.
There is no way to save seeds from the second crop of soybeans.
Even if they are grown, the quality is uneven.
For the first time, Chinese farmers suffered losses due to technological barriers.
The outrageous prices made the growers hesitate.
At this time, farmers have only two choices: one is to continue to buy seeds at high prices.
One is to switch to growing other crops.
Although the current international soybean prices are very attractive, the planting costs have increased and profits have been compressed.
This year, the scale of soybean planting in China is much smaller than in previous years.
On the other side, the futures market of the United States.
After the four major grain traders spent a considerable price.
The soybean futures prices, which had been falling, finally began to rise again.
This made the soybean company bosses panic again.
Soybean prices are seen falling back.
They also expect to save money.
But now soybean prices have started to rise again, so should we buy it or not?
A group of people got together and discussed for a long time but were unable to reach a unified opinion.
In the end, some people choose to be safe and make a deal right away when the price drops.
Some people also choose to take a gamble and continue to wait and see.
In order to set traps for Chinese companies, the four major grain traders set the transaction penalties very high.
If China unilaterally breaches the contract, it will need to pay a large amount of liquidated damages.
This is also the trap that the four major grain traders dug for China.
Even if these entrepreneurs regret their decision at that time, the high penalty fees can drag them into bankruptcy.
However, the Chinese entrepreneurs did not know this, and in the end they all signed the contracts without knowing what was going on.
The total amount of soybeans in this batch is almost 40 million tons.
It is more than the batch of goods that the four major grain traders took over Wang Jianjun.
If we only calculate based on this transaction, the four major grain traders really don't make any money.
But what they were planning was actually much bigger.
What they want is to use debt to drag these soybean companies into bankruptcy.
At that time, they will be able to acquire these companies and monopolize China's soybean market.
By then it would not be easy to make money.
Wang Jianjun did not intervene much in this matter.
First of all, he can't interfere in this matter alone.
Secondly, his plan was much bigger than this.
In original history, this food war lasted for several years.
During this period, the two sides clashed more than once.
Wang Jianjun wants to attract more foreign capital to join the game and reap the benefits.
Before that, let the bullets fly for a while.
As the spring plowing season begins.
A new round of planting has also begun on the lands of China and the United States.
This year, the world can be said to have had good weather and good harvests.
But under the propaganda of Wall Street financial tycoons and the media controlled by capital.
The agriculture in the United States is in a state of disarray, as if it had suffered a nuclear attack.
The prices in the futures market change every day.
In the end, it rose to three times the usual price.
Those companies that had already signed contracts in advance secretly congratulated themselves for their foresight.
But if they carefully visit the farms in the United States, they will find that the crops in those fields are growing so well.
It can be predicted that the United States will have a bumper harvest of crops this year.
Soon it was September.
At this time, soybeans in the United States also began to be harvested and put on the market.
Because many agricultural products have a good harvest this year.
The market began to see selling pressure.
Soybean prices fell rapidly.
Soybeans, which had originally risen to nearly 6,000 yuan per ton, suddenly fell to 5,000 yuan.
Then there are four thousand.
And those Chinese entrepreneurs who bought U.S. futures were also dumbfounded.
This price is basically the same as the price they originally signed.
The most important thing is that the price dropped from 6,000 to 4,000 in less than a week.
At this rate, it won’t take long for the soybean price to fall below 3,300.
It is even possible that prices may fall lower.
As long as the price is below the four thousand mark.
Those entrepreneurs basically lost money.
Not only that, the price of soybeans has been falling now.
Then the prices of soybean products in the international market will also fall.
The products produced by these companies are definitely more expensive than those produced abroad due to cost issues.
How can they compete in the market then?
These entrepreneurs are now facing a dilemma: if they buy these soybeans, they will lose money, and if they don't buy them, they will lose even more money.
The difference is dying sooner or later.
All of a sudden, all the Chinese entrepreneurs were worried and crying.
Every day they have to stare at the computer to see whether the price goes up or down.
But to these people’s disappointment, the price of soybeans had fallen to eighteen thousand in less than ten days.
This price is even lower than the 2,000 yuan price in previous years.
This was mainly because the four major grain companies directly took out the 50 million tons of soybeans that they had bought from Wang Jianjun and sold them in the market.
So much soybeans flooded into the market all of a sudden.
The price of soybeans was directly driven down to a very low level.
This chapter is not over yet, please click on the next page to continue reading!
Continue read on readnovelmtl.com
