Karina talked to Chen Feng about the "soybean crisis" in China, which is a hot topic in the international financial circle this year. However, there are few detailed reports on this topic in the domestic media, and not much is known to the general public.

In 1996, foreign imports of soybeans with a low-price strategy to lightly hit the door of China, the south, especially some coastal soybean processing enterprises have "defected", gradually giving up the purchase of soybeans from the main soybean producing areas in China, without understanding what is called "international trade discourse", a large number of low-priced soybeans imported from abroad, and happily rushed to the international market this big gambling tide.

However, there is no such thing as a free lunch, and these soybean processing companies initially tasted the sweetness sent by the gambling manipulators, but it is impossible to continue to sweeten it. Therefore, after seven years of dumping soybeans abroad into China, there has been a rollercoaster ride from last year to this year. Faced with the trap set by the gambling manipulators, Huaguo's soybean processing enterprises tasted the pain of washing the ship and going home for the first time.

In August last year, the U.S. Department of Agriculture (USDA) made heavy adjustments to its monthly soybean supply and demand report, citing weather impacts, and adjusted soybean stocks to a more than 20-year low. As a result, the price of soybeans rose from a low of about 540 cents in August last year to about 1,060 cents in early April this year, a new high in nearly 30 years. This increase is equivalent to the price in China rising from 2,300 yuan per ton to 4,400 yuan.

Under the control of panic psychology, Huaguo soybean processing enterprises have increased their procurement efforts. Coupled with the trade friction between China and the United States, both sides need an opportunity to ease relations. Therefore, the Chinese side formed a relatively large purchasing group to purchase soybeans in the United States.

Different from the original historical time and space, the departure time of this purchasing group was deviated, and it only set off in August this year.

Chen Feng also inadvertently remembered this incident from his memory when he was watching TV news in Athens, so he also notified Karina to operate this matter, and he also wanted to inform Messer, but he thought that if too much money was invested, it might cause too much damage, especially for those soybean processing companies in his country. Therefore, it is just a matter of giving up.

On the other hand, Chen Feng considered that his godfather Wang Zhaoxiang is now in charge of agriculture. This of course also includes soybeans as an agricultural product. I also called him to remind him that it was best not to participate in this large-scale multinational procurement of soybeans, otherwise it might make people inside and outside. In addition, he kindly reminded that it was best to prevent this purchasing group from going on the trip.

Wang Zhaoxiang has always attached great importance to his various proposals, and immediately agreed, originally he would also be a member of this procurement team, but now after listening to Chen Feng's words, he is obviously really unwilling to participate, and also raised objections to this large-scale multinational procurement. The result was very disappointing, after all, his position was only deputy. What's more, the dozens of soybean processing companies themselves are also very willing to take the lead in purchasing soybeans in the United States at this time. The benefits are clear. You can keep the group purchase price as low as possible. Therefore, although Wang Zhaoxiang opposes it, most of them are in favor, especially his superiors.

Thereupon. This large-scale soybean procurement operation in the United States finally came to fruition. And Wang Zhaoxiang's boss personally led the "collective procurement", instructed the leaders of the Ministry of Commerce to take the lead in the organization, he personally led a huge purchasing group, nearly 20 soybean crushing enterprises participated, before going to the publicity was also a big fanfare, Tianchao TV news broadcast reported his speech on TV.

In addition to going to the United States to purchase large quantities of soybeans, he also has to purchase a lot of planes, which is equivalent to the United States sending money. And there are no less. After getting the information, the price of soybeans (Chicago Board of Trade) soared in response, and after the Chinese people were satisfied with the average equivalent price of 4,300 yuan/ton and placed an order of 8 million tons, the purchasing group just left the front foot and the price immediately plunged! The international soybean price fell by nearly 50%.

Soybeans in the Huaguo market fell from 4400 to 2200. Domestic soybean processing has changed from a profit to an industry-wide loss.

In the face of such a spread. Some domestic processing enterprises, especially private enterprises, have no choice but to breach the contract and give up the purchase contract and deposit originally signed at a high price. The so-called "ship washing" incident.

In this regard, the measures taken by the US side include: Some large international soybean suppliers sued Chinese importers for breach of contracts, and the amount of compensation is estimated to be as high as about 6 billion yuan; international grain merchants jointly boycotted Chinese private enterprises and stopped quoting prices to other Chinese importers except for some Chinese enterprises in which they have a stake; and these suppliers jointly revised the text of the soybean export contract to China, and the revised contract terms were even more unfavorable to Chinese importers. So far, the dispute remains unresolved.

The purchase caused a heavy blow to China's private soybean crushing enterprises, and a ship of soybeans lost hundreds of millions of yuan (a ship of soybeans according to Panama grade, the loading capacity is 50,000 to 80,000 tons, a ton of soybeans will lose 2,000 yuan, and a ship of soybeans will lose more than 100 million yuan). According to conservative estimates, this purchase has caused at least 15 billion losses to the crushing industry in China! The four major international grain merchants (ABCD, of which A is ABM (Archerdaniels Midland), B is Bunge, C is Cargill, and D is Louis Dreyfus), if they follow the historical trajectory of the original time and space, they will take the opportunity to purchase at a low price. Participating in a number of soybean crushing enterprises in China has paved the way for international grain merchants to deploy in China.

Ninety percent of soybean crushing companies will be bought by foreigners, so that China's soybean pricing power will be controlled by foreigners. It can be said that according to market means, it has controlled the lifeblood of China's grain and oil.

Karina talked to Chen Feng about the "soybean crisis" in China, which is a hot topic in the international financial circle this year. However, there are few detailed reports on this topic in the domestic media, and not much is known to the general public.

In 1996, foreign imports of soybeans with a low-price strategy to lightly hit the door of China, the south, especially some coastal soybean processing enterprises have "defected", gradually giving up the purchase of soybeans from the main soybean producing areas in China, without understanding what is called "international trade discourse", a large number of low-priced soybeans imported from abroad, and happily rushed to the international market this big gambling tide.

However, there is no such thing as a free lunch, and these soybean processing companies initially tasted the sweetness sent by the gambling manipulators, but it is impossible to continue to sweeten it. So. After seven years of dumping soybeans abroad into China, there has been a rollercoaster ride from last year to this year. Faced with the trap set by the gambling manipulators, Huaguo's soybean processing enterprises tasted the pain of washing the ship and going home for the first time.

In August last year, the U.S. Department of Agriculture (USDA) made heavy adjustments to its monthly soybean supply and demand report, citing weather impacts, and adjusted soybean stocks to a more than 20-year low. As a result, the price of soybeans rose from a low of about 540 cents in August last year to about 1,060 cents in early April this year, a new high in nearly 30 years. This increase is equivalent to the price in China rising from 2,300 yuan per ton to 4,400 yuan.

Under the control of panic psychology, Huaguo soybean processing enterprises have increased their procurement efforts. In addition, there are trade frictions between China and the United States. Both sides need an opportunity to ease relations. Therefore. China formed a relatively large purchasing group to purchase soybeans in the United States.

It's different from the original historical time and space. The departure time of the purchasing group was skewed, and it only departed in August this year.

Chen Feng also inadvertently remembered this incident from his memory when he was watching TV news in Athens, so he also notified Karina to operate this matter, and originally he also wanted to inform Messer. But it can be too lethal if you invest too much money, especially for soybean processors in your country. Therefore, it is just a matter of giving up.

On the other hand, Chen Feng considered that his godfather Wang Zhaoxiang is now in charge of agriculture, which of course also includes soybeans. I also called him to remind him that it was best not to participate in this large-scale multinational procurement of soybeans, otherwise it might make people inside and outside. In addition, he kindly reminded that it was best to prevent this purchasing group from going on the trip.

Wang Zhaoxiang has always attached great importance to his various mentions, and immediately agreed, and he would have been a member of this purchasing team. Now that he has listened to Chen Feng's words, he is obviously really unwilling to participate, and he has also raised objections to this large-scale multinational procurement. The result is very disappointing, after all, his position is only a deputy, not to mention that the dozens of soybean processing companies themselves are also very willing to be led by the political axe to purchase soybeans in the United States at this time. The benefits are obvious, it can keep the group purchase price as low as possible. Therefore, although Wang Zhaoxiang opposes it, most of them are in favor, especially his superiors.

As a result, this large-scale soybean procurement operation in the United States finally came to fruition. And Wang Zhaoxiang's boss personally led the "collective procurement", instructed the leaders of the Ministry of Commerce to take the lead in the organization, he personally led a huge purchasing group, nearly 20 soybean crushing enterprises participated, before going to the publicity was also a big fanfare, Tianchao TV news broadcast reported his speech on TV.

In addition to going to the United States to purchase large quantities of soybeans, he also has to purchase a lot of airplanes, which is equivalent to the United States sending money, and there is a lot of money. After getting the information, the price of soybeans (Chicago Board of Trade) soared in response, and after the Chinese people were satisfied with the average equivalent price of 4,300 yuan/ton and placed an order of 8 million tons, the purchasing group just left the front foot and the price immediately plunged! The international soybean price fell by nearly 50%.

Soybeans in the Huaguo market fell from 4400 to 2200. Domestic soybean processing has changed from a profit to an industry-wide loss.

In the face of such a price difference, some domestic processing enterprises, especially private enterprises, have no choice but to take breach of contract and give up the purchase contract and deposit originally signed at a high price. The so-called "ship washing" incident.

In this regard, the measures taken by the US side include: Some large international soybean suppliers sued Chinese importers for breach of contracts, and the amount of compensation is estimated to be as high as about 6 billion yuan; international grain merchants jointly boycotted Chinese private enterprises and stopped quoting prices to other Chinese importers except for some Chinese enterprises in which they have a stake; and these suppliers jointly revised the text of the soybean export contract to China, and the revised contract terms were even more unfavorable to Chinese importers. So far, the dispute remains unresolved.

The purchase caused a heavy blow to China's private soybean crushing enterprises, and a ship of soybeans lost hundreds of millions of yuan (a ship of soybeans according to Panama grade, the loading capacity is 50,000 to 80,000 tons, a ton of soybeans will lose 2,000 yuan, and a ship of soybeans will lose more than 100 million yuan). According to conservative estimates, this purchase has caused at least 15 billion losses to the crushing industry in China! The four major international grain merchants (ABCD, of which A is ABM (Archerdaniels Midland) and B is Bunge. C is Cargill (Cargill), D is Louis Dreyfus (Louis Dreyfus), if it is according to the historical trajectory of the original time and space, it will take the opportunity to acquire and participate in a number of soybean crushing enterprises in China at a low price, paving the way for international grain merchants to lay out in China.

Ninety percent of soybean crushing companies will be bought by foreigners, so that China's soybean pricing power will be controlled by foreigners. It can be said that according to market means, it has controlled the lifeblood of China's grain and oil.

Karina talked to Chen Feng about the "soybean crisis" in China, which is a hot topic in the international financial circle this year. However, there are few detailed reports on this topic in the domestic media, and not much is known to the general public.

In 1996, foreign imported soybeans hit the door of China with a low-price strategy, and the south. In particular, some soybean processing enterprises along the coast have "defected" one after another. Gradually abandon the purchase of soybeans from the main soybean producing areas in China. Without understanding what is called "international trade discourse", they imported a large number of low-priced soybeans from abroad, and happily rushed to the international market.

However, there is no such thing as a free lunch. These soybean processors initially tasted the sweetness of the gambling manipulators, but they can't stay sweet. Therefore, after seven years of dumping soybeans abroad into China, there has been a rollercoaster ride from last year to this year. Faced with the trap set by the gambling manipulators, Huaguo's soybean processing enterprises tasted the pain of washing the ship and going home for the first time.

In August last year, the U.S. Department of Agriculture (USDA) made heavy adjustments to its monthly soybean supply and demand report, citing weather impacts, and adjusted soybean stocks to a more than 20-year low. As a result, soybean prices (on the Chicago Board of Trade) rose from their lowest point in August last year at about 540 cents. It rose all the way to about 1,060 cents in early April this year, a new high in nearly 30 years. This increase is equivalent to the price in China rising from 2,300 yuan per ton to 4,400 yuan.

Under the control of panic psychology, Huaguo soybean processing enterprises have increased their procurement efforts. Coupled with the trade friction between China and the United States, both sides need an opportunity to ease relations. Therefore, the Chinese side formed a relatively large purchasing group to purchase soybeans in the United States.

It's different from the original historical time and space. The departure time of the purchasing group was skewed, and it only departed in August this year.

Chen Feng also inadvertently remembered this incident from his memory when he was watching TV news in Athens, so he also notified Karina to operate this matter, and he also wanted to inform Messer, but he thought that if too much money was invested, it might cause too much damage, especially for those soybean processing companies in his country. Therefore, it is just a matter of giving up.

On the other hand, Chen Feng considered that his godfather Wang Zhaoxiang is now in charge of agriculture, which of course also includes soybeans. I also called him to remind him that it was best not to participate in this large-scale multinational procurement of soybeans, otherwise it might make people inside and outside. In addition, he kindly reminded that it was best to prevent this purchasing group from going on the trip.

Wang Zhaoxiang has always attached great importance to his various proposals, and immediately agreed, originally he would also be a member of this procurement team, but now after listening to Chen Feng's words, he is obviously really unwilling to participate, and also raised objections to this large-scale multinational procurement. The result is very disappointing, after all, his position is only a deputy, not to mention that the dozens of soybean processing companies themselves are also very willing to be led by the political axe to purchase soybeans in the United States at this time, the benefits are obvious, and the group purchase price of most of them can be lowered as much as possible. Therefore, although Wang Zhaoxiang opposes it, most of them are in favor, especially his superiors.

As a result, this large-scale soybean procurement operation in the United States finally came to fruition. And Wang Zhaoxiang's boss personally led the "collective procurement", instructed the leaders of the Ministry of Commerce to take the lead in the organization, he personally led a huge purchasing group, nearly 20 soybean crushing enterprises participated, before going to the publicity was also a big fanfare, Tianchao TV news broadcast reported his speech on TV.

In addition to going to the United States to purchase large quantities of soybeans, he also has to purchase a lot of airplanes, which is equivalent to the United States sending money, and there is a lot of money. After getting the information, the price of soybeans (Chicago Board of Trade) soared in response, and after the Chinese people were satisfied with the average equivalent price of 4,300 yuan/ton and placed an order of 8 million tons, the purchasing group just left the front foot and the price immediately plunged! The international soybean price fell by nearly 50%.

Soybeans in the Huaguo market fell from 4400 to 2200. Domestic soybean processing has changed from a profit to an industry-wide loss.

In the face of such a price difference, some domestic processing enterprises, especially private enterprises, have no choice but to take breach of contract and give up the purchase contract and deposit originally signed at a high price. The so-called "ship washing" incident. P