Just as Fang Mingyuan was worried, when the news of bird flu broke out, the price of soybeans in the international market did decline slightly, but then began to stabilize. People are still waiting for further news, whether bird flu will

It has spread in China and even Asia, and will the US government officially issue a ban on the use of meat and bone meal feed in the domestic cattle industry?

This made Fang Mingyuan and others breathe a sigh of relief. As long as the outbreak of bird flu does not cause a sharp decline in the price of soybeans in the international market, there will be room for maneuver. But if the price of soybeans declines like a slide, although

It’s not that they will suffer a huge loss, but the profits from the previous stage will be significantly reduced. And the plan for the next stage may also be significantly changed.

On January 7, Yu Dongfeng and Xun Botao were invited by Fang Mingyuan to go north to Pingchuan.

In the study room of Fang Mingyuan, the Fang family's mansion in the ancient city of Pingchuan, three people sat together.

"The soybean contract in Ukraine is such a pity!" Yu Dongfeng said with regret. Even at the beginning of last year, he did not expect that in the international market, by coincidence, the price of soybeans would soar to the height it is today! If not

With the outbreak of avian influenza, maybe the price of soybeans could double from the beginning of 2002 at the beginning of this year! He finally understood why Fang Mingyuan started preparing for soybean production and futures so early.

It is quite astonishing that bulk commodities can have such an increase.

Of course he also knew that the Ukrainian soybean purchase contract was used by Fang Mingyuan in exchange for the formula of special steel. He didn't think anything of it at the time, but now that he thinks about it, he also feels a little regretful that the contract was a bit cheap to transfer.

, if the bird flu epidemic was announced in China, those Ukrainians would have to pay a higher price.

On the side, Xun Botao, the president of Hong Kong Baifusheng Investment Company, also nodded slightly. Although it was only a few dozen days, Fang Mingyuan gave up at least tens of millions of dollars in income.

Fang Mingyuan laughed dumbly and said: "Brother Yu, Mr. Xun, I invite you two to come here this time just to ask you two to do something." How can the timing of this kind of thing be so perfect? ​​As long as he thinks that he has made a profit.

That's enough.

"What's the matter?" Yu Dongfeng immediately cheered up. It was obviously not a trivial matter for Fang Mingyuan to invite Xinxuan to Pingchuan. Xun Botao also looked at Fang Mingyuan expectantly.

"You two had better close all your soybean futures positions as soon as possible in the near future, and then we have to prepare to go short!" Fang Mingyuan said seriously. The emergence of avian influenza somewhat surprised Fang Mingyuan, so he felt it was necessary to end his long position early and change his position.

For shorting.

Yu Dongfeng and Xun Botao were startled for a moment, and then they both laughed knowingly. In fact, on the way to Pingchuan, they both guessed that Fang Mingyuan invited them to Pingchuan for this reason. On the way here, they also...

After exchanging opinions, they all believed that the international market price of soybeans was obviously high. In just one year, the price had almost doubled. For soybeans with a global annual output of more than 200 million tons, this price is already

Quite amazing.

Although the soaring price of soybeans in the past year is certainly due to China's surge in purchasing power, the reduction in soybean production in the United States, the outbreak of mad cow disease and other factors, Yu Dongfeng and Xun Botao are certain that there must be international capital behind this.

. In fact, strictly speaking, they are also one of the contributors. Since international capital is adding fuel to the flames, the inflated prices will only have one result when they are not supported by strong support, and that is like the original

Like the Nasdaq, it crashed!

The outbreak of mad cow disease in the United States is not a short time away. Many countries in the world have announced bans on American beef, but the U.S. government still has no intention of announcing a ban on the use of meat and bone meal feed in the domestic cattle industry. At the same time,

At the same time, bird flu has broken out in China. Although it is said that it has only appeared in one city in a province adjacent to Vietnam, both of them believe that given the level of China's domestic breeding industry, bird flu will probably not be easily affected once it appears.

The culling of the land is likely to spread to many provinces. In this way, the number of birds that need to be culled will be an extremely considerable number, perhaps even more astonishing than the original 11 million birds in the Netherlands!

The culling of such an alarming number of poultry will inevitably have a great impact on China's breeding industry. Not only will existing farmers suffer heavy losses, but it will also discourage many people who originally planned to enter this industry. Moreover, such a huge industry

After a large number of poultry are culled, the demand for feed in China's breeding industry will inevitably be greatly reduced. Soybean meal, after extracting oil from soybeans, is an important raw material for making feed.

The high soybean prices have already put great cost pressure on many oil-extracting manufacturers. If the profits from soybean meal are lost, the remaining profits can be said to be pitiful. Moreover, Chinese companies have already purchased more oil before the New Year.

Millions of tons of soybeans... When these factors came together, both of them believed that the international market price of soybeans was at great risk of falling! When they came to see Fang Mingyuan this time, they originally thought that if Fang Mingyuan didn't talk to them about this,

They also need to talk to Fang Mingyuan about the problem. They should prepare to stop selling soybean futures in advance and prepare to go short.

Although this may result in the loss of some of the profits that could have been obtained, it avoids greater risks. Although their funds are strong, compared with the total amount of international capital "wandering" in the international futures market, that is

It's just insignificant. And obviously, Fang Mingyuan also noticed this problem, which saved them a lot of trouble.

Fang Mingyuan also laughed. From the smiles of the two of them, he already knew that everyone had reached a consensus. Dealing with smart people means peace of mind.

"Master Fang, can you tell us, in your personal opinion, to what price the international market price of soybeans will fall?" Yu Dongfeng smiled. For Fang Mingyuan's business vision, Yu Dongfeng had already admired Fang Mingyuan for a long time.

In early 2002, he reminded Dongfeng that the exchange rate of the US dollar against the world's major currencies was likely to fall all the way. In the past two years, the trend of the US dollar has indeed been as Fang Mingyuan said, starting from the end of February 2002

, one of the striking features of the international financial market is the continued substantial depreciation of the US dollar against other major currencies in the world. So far, the US dollar has fallen by 7% and 7% against the Japanese yen, Canadian dollar and euro respectively.

Thirteen and 21 percent! And there is a further downward trend. And because of Fang Mingyuan’s reminder, Yu Dongfeng has reduced his U.S. dollar holdings in time, or turned them into entities.

"The decline is at least a quarter, probably close to a third!" Fang Mingyuan said without hesitation. This soybean crash caused the collapse of half of the domestic oil extraction industry. It can be said that international capital took control of the domestic oil industry.

The oil extraction industry and the soybean meal industry are unforgettable pains for the Chinese people. Yu Dongfeng and Xun Botao took a breath of cold air at the same time. Although this decline is not extremely tragic, for soybean buyers,

This is enough to make many people collapse.

"Many domestic manufacturers will suffer heavy losses this time!" Xun Botao sighed softly. Although I don't know when the international market price of soybeans will start to decline, as long as it starts from the first half of the year, it can be imagined that from the second half of last year

Domestic oil mills that have purchased huge amounts of soybeans without hedging in the futures market will be under great pressure. The high costs will make them cry without tears, and they may even face the crisis of bankruptcy.

"We are going to suffer a huge loss!" Fang Mingyuan said. Due to the hype of international capital, the price of soybeans in the international market is artificially high, and there may be an alarming decline. It is not that he did not remind domestic officials, and also made public comments in some well-known media

Experts have published articles, but everyone ignored this warning. Not only did they desperately purchase, but they also did not even do hedging in the futures market. What can he do? If hedging is done, at least he can guarantee that there will be futures.

Profit, rather than losing even your underwear in the end.

The three of them were silent for a moment, but soon put this helplessness behind them. The shopping mall was originally an invisible battlefield. Although there were no guns and knives, it could be said to be no less dangerous than

Real guns and live ammunition, but what is harvested on the battlefield is human life, while what is harvested in the shopping mall is the wealth they have accumulated for many years! Rather than letting this feast be enjoyed by foreign capital, it is better to enjoy it yourself! At least this

A piece of wealth still remains in the hands of the Chinese people.

Fang Mingyuan hopes that the two of them can set up a Hong Kong-funded company to acquire these domestic oil-extracting companies at the right time to ensure that they will not fall into the hands of international capital. Grain and oil are the foundation of a country's stability, especially those with a country like China.

This is especially true for a country with a huge population. It cannot make any big mistakes, otherwise it may cause huge troubles.

And this is also an important part of ensuring that China’s oil extraction industry does not become the driving force behind the invasion of foreign genetically modified soybeans into the domestic edible oil market. It was precisely because half of the domestic oil extraction industry fell into the hands of international capital that these oil extraction companies purchased large quantities of U.S.
Chapter completed!