Fairville Peak Farm is only halfway through the wheat harvest, and Baker Farm has begun to harvest it. Then, the South Oregon farms also began to harvest.

Link has inspected on all three farms. He found that it was the Southern Oregon farms that had the lowest yields.

Fairway Farms had a yield of 321 bushels, and Baker Farms had the highest yield, surpassing 323 bushels. The Southern Oregon farm, on the other hand, has only three hundred and seven bushels.

This made him a little confused.

While the Fairway and Baker farms have more water, the Southern Oregon farms have a well-developed irrigation system and there has been no drought this year. And Southern Oregon Farms, this is the second time it has been planted, the soil is the best of the three, and the most green manure is used.

The reason for this is that it has the lowest yield of the three farms.

He said this when he called Jessica as usual.

Jessica also wondered: "It stands to reason that Southern Oregon farms have the highest unit yield. ”

"That's the weirdest part. I can't think of what went wrong. ”

There's a reason Link struggles with this question: "All three farms are cultivated in the same way. If Baker Farms and Fairway Farms are grown in different ways, there is another reason for the difference in yields. "The selling point of Benis No. 1 wheat is its high yield and good quality.

If there are better planting techniques that lead to higher yields, of course, it will be of great benefit to their seed sales.

Jessica said, "I think there's got to be some reason for that." Among the Benihans Group's customers, the highest yield recorded so far is only 286 bushels per acre. That's not much different from the yield of your initial trial. I think it has something to do with the kelp dregs. Or the giant algae residue is more desirable for agricultural products in arid regions. ”

"Up to two hundred and eighty-six bushels?"

"Yes, there is not a single farm that is below two hundred and seventy-five bushels, except for farms that have pest infestations and irrigation problems. The customer feedback is quite good. ”

They grow hard red winter, the price is relatively high, and the yield is more than 20 bushels higher than that of ordinary hard red winter. They really have nothing to dislike with this yield.

Think about it, too, with the same cost, making an extra hundred dollars per acre, what else are they not satisfied with?

But Link didn't seem too happy: "Will the price fall because of the increase in production?"

"High yields did have a shock to wheat futures. However, the quality of Benis No. 1 is very good, and it contains more protein than ordinary hard red winter. And those farmers use fewer pesticides. So the quality of these wheats is very good. Many farmers only want to sell a portion of their wheat for cash. For the rest, I want to see how the market reacts. So the current wheat futures are just some speculators speculating. I think it will be back to regular prices soon. ”

Link didn't dare to be so optimistic.

He thought for a moment and said, "Maybe we need to start a second plan." Also, I'll show Neil and Flon if there's a way to deal with it. ”

"Are we really going to intervene right away?"

"Maybe we should be ready. ”

When they were selling wheat seeds, Link and Jessica discussed the price issues that could arise from high wheat yields. If the price of wheat falls, it will indeed make wheat farmers go after higher yields of wheat seeds.

But they believe that is not necessarily the best situation for them. In order to deal with this problem, they have also developed some solutions. For example, the purchase of wheat.

The Benehans Group now has its own processing company, which has purchased wheat and can slowly process and sell it, so as to ensure the stability of wheat prices, and at the same time, the processing enterprises can obtain sufficient raw materials.

Futures, is short selling and short buying, those speculators do not have a grain of wheat themselves, but they rely on capital to manipulate prices. That would cost wheat-growing farms dearly. Of course, it will also allow processing companies to reduce costs. In this case, if they buy wheat at a higher price, they may be able to take advantage of the opportunity to expand their market share.

As for the demand for wheat. At present, the world is generally short of grain, and the demand for wheat as one of the staple foods is not rising. So they're not worried about the price going all the way down.

Jessica thought for a moment and said, "Okay, I'll mobilize the funds right away." ”

Food has been a financial derivative for decades. Today, futures have become the most important pricing tool for grain trade.

Link, on the other hand, is in agriculture, and of course he wants to be able to control the pricing power. It's just that it's not up to him to have the final say. He could raise the price at the time of purchase, but no matter how rich his financial resources were, he could not afford to price all the products of the whole of agriculture as he wished.

At best, he can only intervene in the products that are important to him. For example, wheat.

Now Benis No. 1 wheat is treated as an ordinary hard red winter. This is not good for the farmers who grow the Benis No. 1 wheat and not good for the Benehans Group.

The quality of Benis No. 1 wheat is much better than that of ordinary hard red winter. It's normal for the price to be higher. But no one cares about that. No one will refer to those indicators either.

He and Jessica also planned to buy Benis No. 1 wheat in large quantities out of that consideration. And they're only buying one. But he worries that in the face of market trends, that will not keep a few of the Benis No. 1 wheat stable.

He ended the call with Jessica and called Neil again about wheat futures.

Neil listened to him say that he wanted to control the price of wheat. It's a bit of a headache. Although the unit price of wheat is very low, the quantity is very large. And there are also a large number of empty orders. Now the market is shorting, and if they go long, Link won't be able to win against those people with any amount of money. Once Link does that, the Wall Street people will treat Link like a piece of fat, and they'll become sharks.

In the end, wheat prices are likely to be pushed even lower.

He thought about it for a moment and said, "Link, since you are ready to buy Benis No. 1 wheat directly, there is no need to enter the futures market. The market is bearish right now. If we go against the market, the losses will be large and will not have any effect. ”

Link dared to open this mouth, of course, because he was afraid, but he couldn't say it: "If the Benehans Group buys enough wheat, won't it be able to turn the market around?"

"The yield of Benis No. 1 wheat has increased by about 10 percent, and this year the weather is good, and the wheat is growing well around the world. The expected yield of spring wheat is also high. This year is a bumper wheat harvest year. This is an excellent bearish. Neil explained. "In the eyes of everybody, you buy wheat and still sell it. It's still going to be in the market. Investors don't get confidence just because you buy Benis No. 1 wheat. ”

He explained so much, and it made a very, very reasonable point. Link was confident, but couldn't explain it to him. He just asked, "Do you have time now, if you have time, help me do it." ”

"What do you do?"

Link couldn't say it clearly: "You're knowingly asking." ”

Neil said, "I knowingly asked, but you threw the money into the sea knowing that it was useless." ”

Link smiled and said, "I have money in the bank, how sure do you need to keep the price of wheat basically stable, or at least let it not fall again?"

"I must tell you, I have no confidence. Neil didn't expect to be so clear, Link was still so stubborn. "Even if you give me all your money, Link. I don't have confidence either. ”

Link didn't care what he said: "Five billion dollars." You're in charge of helping me put my money into the market. That's it, I'm going to talk to Fren again. ”

Flon was also against him being long wheat at this time. In Furren's view, there is no way to get pricing power over wheat. Because that's what the financial markets dictate. And Wall Street was able to raise much more money than a few of them. By doing that, Link was burning money.

But Link still handed over five billion dollars to Flon without saying anything, just like he did to Neil.

He also thinks he might lose money. But there are some things that money can't measure. This time he has to give confidence to the farm where Benis No. 1 wheat grows.

Neil and Fren, after receiving the funds that Link transferred to the company's account, repeatedly advise Link not to be stubborn. But Link just went his own way.

When Link returns to Washington, he hides inside the castle to minimize the danger around him. Then he had the skill of "Let's get bad luck together", which he hadn't used for a long time. Then he started shorting wheat.

Within three days, he again experienced the bad luck of wetting his shoes with the wind.

The elevator to the castle broke down twice, he took the stairs crooked to his feet, choked on eating, and tripped over the entire carpet. This was not possible before. Jessica suspected that he had something on his mind to be so absent-minded.

But some people are more unlucky than him. Six tornadoes occurred in three days in the wheat-growing regions of the central United States, bringing not only large quantities of wheat but also torrential rain. This has brought a thick cloud over the yield of spring wheat. And that's not all, a hurricane is forming that threatens to bring torrential rains to wheat-growing areas.

Wall Street suddenly received news that a large area of the United Kingdom had been hit by heavy rain, triggering a widespread flood and a large amount of farmland was inundated. This includes a large number of wheat fields.

On the fourth day, Link was finally back to normal. And this is, Flon called him and said, "Congratulations. You've won again. So far, your paper profit on wheat futures is $600 million, and I think it's about the same with Neil. ”

Link smiled and said, "Thank you." In order to win this game, he made a lot of "bets". In the past few days, he has been tossed by the vice god of decay. I tripped over myself last night and almost hit the corner of the table with my eye. If he had been fit, he would have had an eye extraction in the hospital by now, instead of just having a broken skin on his forehead.

"I've been struck by you. I'm just telling you about it. Flon said with a wry smile. "By the way, when you have the chance, bring Lady Luck out for a drink together. I'm guessing you must have slept with her every day. To be honest, I'd love to get to know her!"