Princess Madeleine was surprised at this moment, and hurriedly asked, "At that time, the experts did not expect them to interfere?" ......, didn't Australia announce in the media the day before yesterday that their country's grain production had increased significantly, how much grain did we purchase, and how could the market price soar? ”

The Investment Manager explains: "

Ben and the Philippines did not produce much food last year, so it stands to reason that they don't need to buy too much food. However, although there are only a few companies involved, their energy is not small, and they have invested a lot of procurement funds and have a great appetite. This ......, general manager, things are indeed a little unusual. ”

As in previous lives,

The current food self-sufficiency rate is still good, they only became a net importer of food after 94 years, especially after 2006, the food self-sufficiency rate was less than 40 percent, that is to say, later

More than half of the food needed to be imported.

However, in order to offset the difference in import and export trade with the United States, they generally adopt the method of purchasing American grain, and this has the advantage of being because the United States, like most of the world's grain exporters, is located in the northern hemisphere, and the grain generally matures in the summer and fall, when the countries that provide the grain are more numerous and the price of food is cheaper.

I rarely buy from Australia, South America and other countries in winter, and now I am at least suspected of joining in the fun.

The economic experts of the IIC company did not expect them to make a move, and Princess Madeleine, although she was a little depressed, did not blame them, after all, they had already made this prediction. But the shape shì changed faster than planned.

Princess Madeleine asked, "If we add a little more than $300 million, will the grain procurement be completed on time?" ”

However, the manager of the investment department still gave her an ambiguous answer: "If the price of grain does not rise wildly and the change rate is within 10 percent, the procurement plan can be completed." ”

Princess Madeleine said dissatisfiedly: "That means that if the price of food rises by more than ten percent, we will not be able to complete the procurement plan?" ”

Although she felt Princess Madeleine's dissatisfaction, the investment manager still said, "Yes. ”

Princess Madeleine thought for a moment and asked, "Didn't we buy futures contracts in the futures market?" Now that the price of food has risen, we can deliver the contract in advance and use the money we earn to buy food. Isn't it? ”

The manager of the investment department smiled again in his heart, but said with a serious face: "That is a means of stopping losses and hedging value, and its purpose is not to make much money." This time, our main purpose is to purchase food, and we still have so many procurement plans that have not been completed, what if the price of food rises further as we place an order? Won't we pay more for this? Therefore, it is best not to close the position for the time being. ”

Princess Madeleine rubbed her smooth forehead with a little headache and said, "You put the information here first, and I will reply to you after a while." ”

The investment manager said, "Okay. In his heart, he thought: What are you still thinking, the experts have not withdrawn. You just pay for it.

After he left the office and the secretary closed the door, Princess Madeleine thought for a while, and said to herself, "I really don't want to disturb him, I want to do one thing perfectly for him." But why is there so much less money? This time the funds have been increased, will it be increased next time? Damn it

i Ben Lao. Damn Filipinos, you're against me, I'm going to kill you when the time comes, huh! He'll definitely support me against them, hehe. ”

Talking and talking. A blush appeared on her face, and her mind quickly shifted to the scene with Guo Zhuocheng, remembering the scene when she and he faced the plane in Jordan, and the smile on her face became even more......

It wasn't until her secretary came over with a telegram that she woke up from Chun's heart-pounding obsession.

She lowered her head a little embarrassed, and then put on the appearance of a deputy general manager. Yan asked, "Where did you get the telegram and newspaper?" ”

The secretary really didn't know that her immediate boss was thinking about it just now, and thought that she was thinking about the company's major affairs, so she replied seriously: "General manager, Guo's telegram." ”

The Yan sù on the princess's face disappeared in an instant, replaced by joy and excitement, she got up from her seat with a pout, snatched the telegram from the secretary's hand, and said loudly: "Is it really his?" ”

The secretary looked at the flush that had disappeared slightly from the princess's face. Thinking of the shyness she had just arrived, she knew what she was doing before, and she didn't think about the company's affairs at all just now, she was just thinking about her lover.

She smiled and affirmed, "It's his." However, he didn't say the word dear. ”

The princess didn't care about the secretary's little teasing. She quickly scanned the telegram, first showing a hint of disappointment, but then happily said, "Great, isn't this the same way I think of it?" ......, Alice, you call the manager of the investment department and tell him that he is ready to take delivery of all the long contracts on the grain futures. ”

The secretary's face was a little weird, but he didn't say anything and left.

When the secretary left, Princess Madeleine read the contents of the telegram again, her face was bright, and she said to herself: "My dear, you are really God, how do you know my thoughts from far away, I just said that I was going to throw out the contract, and you sent a telegram to me." ”

I have to say that girls of Princess Madeleine's age are full of fantasies, and they can connect with "heart to heart" and "heart to heart" for anything.

The little girl's face was covered with happiness.

It didn't take long for several people to come outside the door. It wasn't just the investment manager and Princess Madeleine's secretary who pushed the door in, but also two experts.

As soon as a tall man came in, he said loudly: "I'm sorry, Your Highness, I have to remind you that if you sell the futures contract now, although you can collect some funds, the loss will be huge, because we don't know how high the price of grain will be." I just received a message, and not only that

Iben's company, Philippine companies, and Turkish companies have also come out to buy grain. In just half an hour, food prices have risen by fifty cents per bushel. ”

In the futures market, grain is not priced in kilograms, tons, etc., but in bushels and pints, which is a unit of volume.

Princess Madeleine asked, "Are you saying that food prices will go up?" ”

Except for the secretary, several people said in unison: "Of course! ”

The manager of the investment department said even more bitterly: "Your Highness, according to the current situation, the room for grain prices to rise in the future is not a little, but very large. If we throw away the contract, the returned funds will not be able to buy much food, and the cost of food will be greatly increased. Without hedging in the futures market, the procurement cost of our IIC company would be too great. Even if the Chinese side really collects all the orders, no matter what price we take, they want it, and we won't make much money. Besides, will the Chinese be so good? Do they also want food that clearly exceeds the normal price? ”

Princess Madeleine smiled and asked, "What if we stop the acquisition now?" ”

Several people looked at Princess Madeleine in surprise, all of them looking suspicious of their ears.

The tall man asked puzzledly, "Your Highness, are you telling the truth?" Did the Chinese tell us that we don't have to buy grain for them? If that's the case, that's great, as soon as we announce that we're abandoning the acquisition, the price of food may stop rising or even fall a little, and we are really the right choice to sell futures contracts now. ......, why did Chinese suddenly change his mind? Aren't they all rigid in doing things, saying that if they want grain, they must ask for grain, and if they say they want to sell grain, they will definitely sell grain. ”

Princess Madeleine said: "Don't forget that the majority shareholder of our IIC company is a private person, not a country like China. Although he wants to purchase food, he only wants to stock up on a batch. Since the price of food is so high, there is naturally no need to procure. ”

The manager of the investment department breathed a sigh of relief and said, "Since this is the case, I agree with His Highness's idea and immediately throw out the futures contract." ”

Princess Madeleine smiled: "It's not just about throwing the current long contract, but we also have to buy the short contract, which means we have to do it the other way around." ”

"Buy down?" Several of them couldn't keep up with Princess Madeleine's thinking. This is not to say that these people have not seen the wind and waves, because buying up and down in the futures market is not immutable, it is not uncommon to buy up and down the next moment, it can be said that it is very common, "How much money can we come up with?" ”

The problem that everyone is considering is that the price of grain is still rising, and the number of businesses joining the procurement is increasing, so how can the price of grain fall a lot for a while, and even if it falls, it will be in the future. In addition, now that grain prices have risen, the Soviet Union and other countries that import grain are likely to increase their current purchases because they are worried that they will rise in the future.

It is no secret that the Soviet Union made a much larger move in purchasing grain than China. Anyone who knows the grain market knows that China's transformation from a grain exporter to a grain importer will certainly not become very large all of a sudden, although they will wonder why China changed suddenly.

Since China's purchases are not large, the impact on world food prices is not significant. If not

Businesses in Ben, the Philippines, and Turkey collectively took action, and international food prices would not have risen so wildly. In the original amount of funds, the procurement plan proposed by Guo Zhuocheng will be completed smoothly.

At this time, another economic expert asked bluntly: "May I ask Your Highness, what measures or actions will we or China introduce?" ”