Moreover, the Hu family owes the Li family so many favors, but they don’t even know how to repay them. They really don’t want to owe them any more.
Therefore, the Hu family had no objection to Hu Yitong looking for ways to make money.
But the problem is that apart from working, there is really nowhere else for city dwellers to make money.
I can't do hard labor as well as others, and the work is unstable. There may be no business for ten days or half a month.
The Hu family, with its large number of strong laborers, is not eligible to apply for the manual work done by the street office.
In this case, the only option left is to engage in speculation.
However, Hu Yitong has proved that he is not cut out for this.
Now the only business that Li Xu mentioned, selling grain, can make him money.
To be honest, he doesn't mind even if it's a small amount.
Because this business is stable and long-lasting.
So even if he has to take the risk and responsibility on himself, he still has to earn the money.
The Hu family had no objection to this at all, because they knew that Li Xu took Hu Yitong to make money purely to take care of him. He didn't even want to take this risk, so it would be better for him to just borrow money to get by.
Besides, the environment in Tang County has stabilized, so how could something go wrong so easily?
Li Xu was very satisfied with Hu Yitong's statement, so he smiled and said, "Brother, I can't say how much business this will bring. It's no problem for Brother Yitong to make three or four yuan a month."
"Three or four?" Everyone was shocked. Li Jiakang quickly asked, "How much food do you plan to provide every month?"
"One hundred pounds."
The quantity wasn't large, but the price was outrageous. Li Mei's face was filled with astonishment. "According to this calculation, I should make at least three cents per kilogram of grain per barrel. Add to that what you and the supplier earn, and the purchase price of this grain is almost ten cents lower than the market price. Isn't that too cheap?"
In fact, she was more curious about where the people supplying Li Xu got so much low-priced food since food prices are so transparent nowadays.
Li Xu explained with a smile, "My supplier told me that his purchase price for grain is usually five cents lower than the market price. However, he owes me his life, so he promised to only make one cent per kilogram of grain. I don't bear the risk, so I only make one cent. Brother Yitong bears such a big risk, so it's only natural that he should take the lion's share."
Now everyone can easily accept it.
It is difficult to get food at a price one cent lower than the market price, but it is much easier at a price five cents lower.
You have to know that selling grain doesn’t mean you can sell it out anytime you go there, but you have to wait patiently.
As a result, some people who are in urgent need of money will lower the price of grain in order to sell it out quickly.
It is said that where there is demand, there is a market.
Therefore, a special stall was opened in the black market. You don’t have to wait when you go to buy grain there, but the price is six to eight cents lower than the market price.
But even so, there are still many people who go to them to sell grain.
Li Xu went to sell it twice, but when he went for the third time, the other party seemed to recognize him and said something to him.
After that, he never went to them to sell again.
Hu Yitong waved his hands repeatedly, "Xiao Xu, you got the food, I can't take so much. If you really want to, I can just take the same as you."
"How can I get the same? The market price is not fixed, and it's common to get an extra one or two cents. Are you going to sell it and then give me a share?" Li Xu said with a determined face, "If you want to sell it, do as I say, otherwise don't sell it."
There is no capital at all for these grains. Hu Yitong is not only responsible for sales, but also has to bear such a huge risk.
To be honest, Li Xu felt very guilty that he only earned this little per pound.
How could he be asked to reduce his income?
Seeing him like this, Hu Yitong could only look at Hu Guilan for help.
Hu Guilan thought for a moment, then said, "Why don't you thank Xiaoxu?"
Li Xu quickly interrupted Hu Yitong and said, "No need to thank me. This is a normal business transaction. I will send you 100 kilograms of grain later. It's 65 cents per kilogram. You can pay me when I send you the grain next month."
Originally, the price of grain was around 40 cents, but the campaign in the past few months also affected the countryside, thus affecting the first quarter's grain harvest and the second quarter's grain planting.
As a result, food prices rose accordingly.
Moreover, this increase will not come down until at least next year when grain is distributed.
This is somewhat good news for Li Xu.
Although he said so, Hu Yitong still insisted on thanking him and said that he would prepare the money when he got back and receive the goods in exchange for the money.
Everyone chatted for a while, and then Hu Yitong said goodbye and left.
After he left, Hu Guilan asked, "Xiao Xu, do you know how much money Yi Tong lost from reselling?"
Li Xu was stunned. "Sister-in-law, do you know he is doing this?"
Hu Guilan couldn't help but sigh, "I didn't know at first, but seeing that he was willing to do grain business with you, and you said you ran into him at the black market last night, I knew he must have tried reselling and lost money, otherwise he wouldn't be so honest."
Everyone knew that Li Xu took Hu Yitong to sell grain in order to help the Hu family.
Based on her understanding of Hu Yitong, she would not accept it if there was even a slight possibility.
Now he agreed, which means he had no other way to make money and had no choice but to do this.
Obviously, this conclusion can only be reached after trying it.
Li Xu smacked his lips, thinking that you really know him. "I only know that he lost several dollars, but I don't know the exact amount."
"Do you know how he paid for it?"
When Li Xu heard this question, he suddenly had the urge to laugh, but he forced himself to hold it back and told what he knew.
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