Chapter 213: A Bankrupt Neighbor Is a Good Neighbor
Billionaires can't come up with 100,000 yuan in cash, it's not a joke.
In the business world, it is common for wealthy people to be stumped by 100,000 yuan of liquidity, because their assets are often reflected in real estate or equity, and they do not have much cash in their hands, so they generally borrow money from friends to use when the funds are turnover!
Therefore, the "cash acquisition" proposed by Ding Xian seems simple, but it has stumped most investors who are interested in this giant farm.
Tens of millions or even hundreds of millions of dollars in cash, not to mention the surrounding farmers who are interested in mergers and acquisitions, even most of the rich people on the rich list will not be able to come up with it for a while.
According to Ding's information, almost all interested buyers of this large farm have made offers in the form of asset payment or deferred payment.
Even cash acquisitions are mostly instalments – these acquirers also need to make loans or financing to be able to initiate the acquisition.
If the farmer is not waiting for money to save his life, or if there is no Qi Zheng, one of them will always get his wish.
It's a pity that in front of Qi Zheng, who has just made a windfall, they don't have any competitiveness.
The final purchase price for this large farm was only $90 million — a one-time cash purchase that the original owner could not refuse.
Although it was less than a third of the deal's valuation, it was immediately credited as soon as it was signed, others offered a higher price but did not know when they would be able to collect all the money, and the former farmer, who was in dire need of money, chose the former without hesitation.
After the delivery, this 600,000 acres of large farm was taken into the pocket by Jiagu.
Jiagu has a freehold property to the farm's 600,000 acres of land, including underground mineral rights and airspace rights below 1,500 meters, so after the farm was acquired, Qi Zheng patrolled his territory like a king.
As far as the eye can see, the fertile land is lush with green grass and a vibrant scene, and even the air is filled with a faint fragrance of alfalfa grass, which is simply an extremely spectacular "alfalfa kingdom".
Alfalfa grass, a grass species that most people are not familiar with. The classic three leaves, both stems and leaves, are quite similar to the bean seedlings on the table, but this seemingly ordinary green leafy grass is a treasure in the eyes of Sander, who has been dealing with various grasses for decades.
The United States is the world's leader in large-scale forage cultivation and management, and Sander is the head of this farm, even at the busiest time, under his management, the farm can be properly maintained without a maximum of 20 workers.
After Jiagu took over the farm, he named the farm "Jiamu Farm" and still hired Sander to manage the farm.
Qi Zheng and Ding Xian, under his leadership, visited the details of the farm's operation.
"It's fair to say that the importance of alfalfa grass to the dairy industry is unparalleled. Pointing to the large expanse of green alfalfa grass on the farm, Sander's excitement was palpable. "A really good cow has to eat good roughage. In roughage, alfalfa grass has a crude protein content of more than 20, which is the best choice for dairy cows to eat grass, and there is no other grass to replace. This is well known in the global aquaculture industry. ”
There is no doubt about this, and it has been fully proven in the Jiagu Ranch in China.
Cattle are ruminants, and the diet they eat must be roughage, if the proportion of corn, soybeans and other concentrates exceeds half, it will affect the rumination function of cattle, thereby affecting the health, growth, milk production and production performance of cattle.
To give a simple example, ordinary farmers in China use straw to raise cattle for a year, and a cow produces only 3 to 5 tons of milk, while the best large-scale farm in China, Jiagu Ranch, uses alfalfa grass and other high-quality roughage, and the annual milk production of a cow exceeds 12 tons, which is the value of alfalfa grass.
In particular, alfalfa, known as the "king of pastures", has a nutritional value comparable to eggs for dairy cows.
Along the way, although the domestic Jiagu Ranch has been modernized, the advanced nature of the American "Jiamu Farm" is undoubtedly better.
"Before planting, we first commissioned an agricultural consulting company to take samples from the soil in different areas of the farm, analyze the 15 components and determine the concentration of nitrogen and calcium phosphate in the soil in each area to determine how much fertilizer to apply and what kind of fertilizer to apply. Sander introduced.
In China, people are accustomed to using the same fertilizer in a large area of planting areas, and Jiagu has just begun to explore and promote this development model of "local fertilization".
This data is fed into the spraying tractor's computer and linked to the Global Positioning System.
Sander, patting the big tires of a tractor equipped with a variable rate fertilizer applicator, proudly says, "As you work, the controller inside this big guy will decide which field should apply what fertilizer, and control the spraying rate and dosage at high, medium and low rates." The car's GPS tells the driver their location on a screen, and more than 500 acres of fertilizer can be sprayed in a day. ”
At Jiamu Farm, everyone is a generalist, and when it's really busy, Sander says he also has to drive the machine himself to help.
"We don't have 100,000 acres of pasture, but with the help of satellites, infrared photographs taken from high altitude can detect the moisture and temperature of the soil in each growing area, monitor the growth of pasture grass in different areas, and detect signs of pest infestation in time. ”
There is no way to do this, the domestic satellite agriculture has just started, and it is not as good as the United States, where the technology application is mature.
The bottom line is that the cost of technology for agriculture in the United States is also low. For example, the cost of satellite imagery is low, at just $2 per acre – high technology has allowed American farmers to trade low costs for high profits.
After the alfalfa is grown and harvested, the fresh grass is transported to the processing plant to be dried, and then bundled with special machinery and equipment to turn it into giant "compressed biscuits".
The grass that was brought back to China was this kind of "compressed biscuit".
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The last few people came to the wet area of the farm.
Because the Green River surrounds the farm, and the farm has more than 2,000 acres of wetlands, it is home to a large number of birds, as well as wildlife such as elk, gazelles, hares, foxes, Canada wild geese and pheasants.
Especially the wild gazelles, under the blue sky and white clouds, they stroll leisurely in the alfalfa fields in groups, and it has become a paradise for them to enjoy themselves.
Qi Zheng was happy: "It's very good here, you can rely on these natural resources to open up a tourist area, and as a welfare, the group's employees can go to this peach blossom paradise far away from the world for leisure and vacation." ”
Ding Xian agreed, and the environment of his own resort said: "How much alfalfa grass there is in China determines how many cattle to raise, and then determines whether we can afford to drink milk, and drink good milk." Large-scale planting of alfalfa grass in the United States and selling it back to China is a new development model. ”
"Our group's dairy subsidiary aspires to become the largest dairy company in China, and your job is an important part of that. Work hard and strive to be the 'grass king' of Jiagu Group......"
Sound was so inspired that his face turned red and vowed to help the group reach the top of China's dairy industry.
After Sander, who was fooled, left, Qi Zhengcai said to Ding Xian, who was smiling: "The next step is to continue to buy surrounding farms, and it is best that American farms can export 300,000~500,000 tons of forage to China every year, so as to meet the needs of the development of Jiagu Dairy." ”
Ding Xian restrained his smile and thought for a while: "Although there are farms growing pasture around, the business is not bad, and we are taking food from them this time, and it is difficult to continue to buy their farms without paying a big price." ”
Qi Zheng looked at the farms adjacent to the river and said softly: "Then let them have to sell!"
Ding Xian was stunned.
"Didn't Lehman Brothers sell us CDS products? I asked Jiang Ping to find an old friend at Lehman Brothers and ...... every week No, send the details of the high-quality CDS products that are most pleasing to these farmers around them every day, and you can also call them or visit them at home, so that they can believe that investing in CDS products has unlimited returns!" Qi Zheng said indifferently.
Ding Xian was taken aback, and instantly understood Qi Zheng's thoughts.
CDS (Credit Default Swap) is a new type of financial derivative product, similar to an insurance contract. The creditor sells the debt risk through this contract, and the contract price is the premium.
The CDS products launched by Lehman Brothers are mainly aimed at the current hot real estate loans in the United States, and there is a consensus within Jiagu that the risk is extremely high, once the real estate price falls, the credit performance rate of the society will drop significantly, and may even trigger a subprime mortgage crisis.
Therefore, Jiang Pingping, who made a fortune some time ago, politely excused himself from the sales promotion of his old colleagues. Now Qi Zheng wants to take the lead and sell this product to the surrounding farmers, and the intention is self-evident.
Qi Zhengmo rubbed his chin and said, "Lao Ding, don't you have the contact information, email address, and address of the surrounding farmers on hand?" Send it to Jiang Ping, he knows how to do it." For us, the bankrupt neighbor is obviously the good neighbor!"
Lehman Brothers was largely planted in CDS, which led to the subprime mortgage crisis two years later, and the related investors naturally lost their money.
But now the CDS market in the United States is simply frenzy, and Lehman Brothers is also famous, which is much more profitable than investing in farms, and Qi Zheng is not worried that those farmers will not be moved.
As for the fall into the pit, Qi Zheng said that he would pray for them and be ready to take over their farm.
Ding Xian pondered for a moment, and finally nodded in response: "I will pass the information to Mr. Jiang as soon as possible." ”
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