Wei Family: "Don't fall for it! This is a conspiracy by Gu Shaoyu. Those rice bags are definitely filled with sand and pebbles. Where would they get so much grain?"
The Wu family said, "That's right, he's trying to trick us into panicking and lowering the price. If he doesn't lower the price, we absolutely won't!"
Wei Shuyun and Shen Su have already written to the capital to report on the soaring rice prices since Gu Shaoyu arrived.
However, Wei Shuyun, Shen Su, and Jin Feng were all eager to claim credit and did not mention the clause in the contract that "it shall not be less than three hundred coins." They only thought that Gu Shaoyu was ignorant of the market and was lazy and ignorant of farming.
Moreover, between the lines, he talked about how capable he was, how the common people cursed Gu Shaoyu, and how he could easily start a rebellion with just a little provocation.
It was precisely because they were so eager to claim credit that this letter stifled Wei Jingzhong's opportunity to make the right judgment.
The government reduced the price of rice from one hundred coins to five coins per day.
In just five days, the price of rice dropped to eighty coins per dou.
Moreover, at the rice purchase site, there were soldiers guarding the area. They would check the household registration certificate first, and then purchase the grain. Each household was limited to purchasing three catties per day.
The five major grain merchants couldn't even buy up the government's disaster relief grain at a low price.
The five major grain merchants couldn't sit still any longer. Wei Shuyun, Shen Su, and Jin Feng were also a little flustered. They sat down together to analyze and make a decision about what to do next.
People analyzed that it was impossible for the government to provide so much grain for disaster relief.
Winter wheat and other crops have all frozen to death, and if things go wrong, there will be no harvest before June.
If the new grain supply cannot be met, the imperial court cannot allocate enough grain, and the government will not be able to sustain itself until the new grain arrives.
Therefore, the five major grain traders made a decision: wait!
But they can afford to wait, while those out-of-town grain merchants who want to make a quick buck, and even some speculative ordinary people, cannot. Every day is a cost, and if they take it back, they will lose even more.
Sell it right now, cut your losses, and sell it for eighty coins. You can still make a small profit. If you drag it out any longer, you'll really lose big.
On the sixth day after the warehouses opened for sale, grain merchants from other regions began to make their moves.
Continue read on readnovelmtl.com