Chapter 106 Rebellion against Tiangang, full counterattack

Author: September Sauce

Chapter 106 Rebellion against Tiangang, full counterattack

"Are you kidding me? Poly Technology helped COFCO import 6 million tons of soybeans from Argentina? Where did they get so many soybeans? Didn't you say that the market there has been monopolized by us?"

In ADM's office, Connett frowned and yelled at Walter across from him.

"...They are using official reserves, and we have no way to intervene in this area."

"Moreover, we didn't expect them to be so bold, with a reserve of 6 million tons... This is almost their annual export volume."

"If anything unexpected happens, their entire domestic soybean market will collapse..."

Walt's face was full of doubts. He couldn't figure out why the Argentine officials made such an unreasonable decision.

When most of the market is divided up by ADM and Cargill, wouldn't it be further pushing oneself into the abyss to use grain reserves on a large scale?

What conditions did the Chinese negotiate with them that made them so crazy?

Looking at his expression, Connet became even more furious.

"Are you saying that even you don't know the logic behind this transaction? Then please tell me, as a 'professional' like you, what is your expertise?"

"According to your plan, COFCO should obviously go to Brazil to purchase soybeans, which is the market with the most abundant reserves!"

"But what is the reality? What they are looking at is not the open market at all, but the reserves of various countries!"

“After Argentina, who else?”

"If you can judge this information earlier, maybe we can prepare in advance, but now, everything is too late!"

After listening to Connett's words, Walter fell silent.

It’s not that he doesn’t want to refute, or that he doesn’t want to point out, “We are originally a commercial company, and what you are talking about is the work of your May meeting.”

However, precisely because they were members of the May Party, they could not refute it.

Once they are angered, it is difficult to say that even ADM can escape unscathed.

After all, the power of that huge organization is far from limited to the grain market.

After a long silence, he finally sighed and said:

"Mr. Connett, we are helpless when this happens."

"But, objectively speaking, this will not have a substantial impact on our plans."

"As you said before, our goal is the market here and the pricing power of this market."

"Then, the most critical step is still to smash the market later."

"You know, the price of soybeans in the current market is still high, and it is impossible for all the 6 million tons of soybeans purchased by the other party to flow into the market in the short term. We will eat as much as they invest!"

"According to expectations, the price of soybeans will continue to rise within a month."

"As long as we continue to push up prices within this month, tease the desires of those speculative companies, and let them make a last ditch effort to consume the remaining funds and resources, we can still achieve our goal."

"So, our plan must be accelerated - all the news that has been prepared long ago must be released."

"Then, in two weeks, we will launch our takeover plan!"

Connett stared at Walter indifferently, his sharp eyes seeming to pierce him. The latter also faced him without fear, and a silent contest began between the two.

Finally, Connet was defeated.

He looked away and said:

"Just do as you say!"

…

Two days later, ADM's offensive in the soybean market finally launched in full swing.

One piece of news is deliberately put into the public opinion market. In this era when information is still relatively scarce, these news will undoubtedly stir up waves of turmoil.

——

However, in contrast, these waves were all blocked by rocks.

A newspaper just published a piece of news saying "The international soybean market is experiencing supply difficulties and shortages may continue." Two hours later, another equally influential newspaper immediately published a piece of news saying "Soybeans are stuck at Brazilian ports and excess production cannot be digested."

" News.

Subsequently, the news that "bad weather continues in the soybean-producing areas of the United States, with the highest temperature reaching 40 degrees" was suppressed by the news that "Argentina is experiencing widespread rain, and the Ministry of Agriculture predicts an increase in grain production."

More, there is "Insufficient transportation capacity, shipping companies increase prices", followed by "Four CSSC 500,000-ton freighters passed the acceptance of coal-to-grain conversion and will go to Buenos Aires".

"The futures market is active and soybean futures hit new highs."

——

"Regulatory authorities take action to stop illegal speculation and chaos."

——

"A purchase contract for 6 million tons of soybeans from Argentina was signed, and all deliveries are expected to be completed within 4 months."

"There is a serious shortage of cultivated land in China, and the future pattern of non-staple grains is worrying."

——

"Major progress has been made in artificially synthesized starch technology, and the cultivated land space has been further expanded."

"The hot spot for making money! Big funds are involved! You must watch this kind of futures!"

——

"Illegal operation! Want to repeat the same thing again? Whoever dares to cut off the power will be punished!"

…

After a combination of punches, Connett thought he would be stunned, but he didn't expect that every punch he threw was actually followed!

How is this possible?

They obviously have no experience in dealing with capital market shocks. They have even been caught off guard by domestic hot money speculation several times before.

Moreover, to put it aside, even before December, their response measures were still extremely rudimentary, otherwise it would not have been possible for companies like ADM to gain so much leverage.

This is also the reason why I took on this task with confidence in the first place.

——

But the problem is, as soon as January enters, these people suddenly become enlightened!

Not only have their responses in the capital market become much more mature, every move is aimed at key points, but even now, they are actually free to fight public opinion wars!

He had simply never heard of using the news of artificial starch to offset the negative news of insufficient arable land...

Are you kidding me? You have the technology that we don’t have?

The terrible thing is that this extremely science fiction statement is really popular among the public. The market price only rose for less than two hours, and was suppressed again in an instant, and even hit a new low in a short period of time.

Connet angrily smashed the teacup in front of him and thought viciously:

Just brag about it, and when the day comes when the lie is exposed, I'll see what excuses you use to excuse it...

But looking back, the public opinion offensive launched by the May Conference and ADM ultimately failed.

The price of soybeans is firmly locked at the level of 4,300 yuan, which is still a full thousand yuan away from the best price predicted in May.

If you start smashing the market at this time, it will be difficult for you to achieve effective results.

Of course, it may also have a certain impact on this market, but it is impossible to take advantage of the opportunity and completely control the market...

Therefore, he had to adopt option two:

Keep eating.

As long as all the surplus goods on the market are consumed, the price will definitely rise.

So, he applied for special funds from the May Party and began to scan the market for goods.

Whether it is futures or spot, buy them all.

But at this moment, the first shipment of soybeans from Buenos Aires arrived.

A total of 400,000 tons.

When put on the market, the corresponding amount is a full 1.7 billion yuan.

Connet gritted his teeth and ate most of the goods, and lost 20% of the US$1 billion applied for in an instant.

Then came the second boat and the third boat.

His funds quickly bottomed out, but at this point, there was no turning back.

In the office, Connett made a phone call carefully:

"I know this action is risky, but it is indeed the best alternative at the moment."

"What we have lost is just some capital interest. As long as we can push up prices as planned, the subsequent returns will be absolutely immeasurable."
To be continued...