Chapter 149: Combo Punch (Plus Change)
After Garfield learned about the specific situation of inventory and funds, he asked Jerry Zhang:
"Jerry, we can't be beaten passively all the time, but take the initiative, do you have any methods on your side?"
"Of course, in fact, for most of the past six months, I have been communicating and preparing with the Security Department, and I am ready to give ABCD a big gift in the near future." Jerry Zhang clenched his fists, and his face was full of cruelty.
"Oh? And you want to invite them to a dirt plane? Xu Yingming joked.
Jerry Zhang shook his head: "It's okay to take a dirt plane once, it's easy to expose it again, this time we'll play a little trendy." ”
"Then I'll see." Garfield is very much looking forward to the company's means.
Jerry Zhang's eyes seemed to be about to choose someone to devour: "It's almost over, the layout in the early stage has been completed, and this time I want ABCD to spit out the profits of decades with profits." ”
……
Britain
London, home to the world's most famous financial industry.
Among them, commodities in international futures are indispensable, such as wheat, sugar, sunflower oil, palm oil, rice, soybeans, soybean meal and other bulk agricultural products, which are also popular in the futures market.
ABCD has set up a special office here, which is responsible for the futures trading of agricultural products, as well as risk hedging and so on.
Due to the smooth soybean planting in North America in May and June this year, the weather is relatively good, and Chinese buyers have turned to South America and Lucia, all major institutions believe that soybean and soybean meal prices will be low in the second half of this year.
David, head of the futures trading department of Louis Dreyfus, is looking at the market at this time.
Suddenly, he found that on today's trading page, there were a lot of long orders, adding up to tens of millions of dollars.
In fact, in the past six months, there have been many long orders for North American soybean and soybean meal futures delivered in August and September this year.
David secretly estimated that the accumulated funds were more than 3 billion US dollars.
He secretly ridiculed that the other party was a fool, and now the expectation of a bumper soybean harvest in North America is obvious, and the international soybean and soybean meal prices are not high, and there is even room for further decline.
After discussing with several colleagues, David contacted the heads of the futures trading departments of Bunge, Cargill, and ADM.
The futures analysis of the four companies is quite consistent, that is, the price of soybeans and soybean meal in the second half of the year will continue to fall, and now they can join forces to short soybeans and soybean meal to hedge their company's losses in actual soybean trading.
Therefore, David and others began to take ABCD's futures traders to issue short orders for soybeans and soybean meal to the market in an orderly manner.
It's just that the empty orders they issued were quickly accepted.
David and the others didn't pay much attention to this, but secretly sighed that there are a lot of stupid people and a lot of money this year.
This kind of long and short game, it seems that there are only tens of millions of US dollars in trading volume each time, but the total trading volume that can be accumulated is not a few.
Due to ABCD's hegemon in the agricultural field and America's background, investment banks around the world give them a high level of leverage.
Once the price of international soybeans and soybean meal reverses, it is very likely that ABCD will not be able to bear it and will directly blow up.
It's just that David and others are too optimistic and feel that soybean prices have no chance to rise in the second half of the year, after all, their owner is the world's largest soybean producer, and whether soybean prices will rise or not is not up to ABCD.
Therefore, when they see long orders, they do not hesitate to follow, and they continue to open short orders, which leads to their leverage ratio is constantly increasing, and risks are also accumulating secretly.
David and the others fantasized about making a fortune.
And the crisis is coming at them.
……
North America.
The Great Lakes Plain and the Mississippi River Plain are famous large-scale mechanized agricultural areas in North America, with a total of 700 million acres of soybeans planted in the entire territory of America.
It is the world's largest soybean growing region and the largest soybean producer.
94% of North American soybeans are genetically modified soybeans, especially Monsanto's genetically modified soybean varieties, which are among the best.
Decatur City, Illinois.
The ADM headquarters building, which was bombed beyond recognition, has been emptied after more than half a year of demolition.
Fortunately, ADM also has a number of office buildings in the local area that can be used as temporary headquarters.
Hook, who still runs a pet shop here, ended his road trip for more than half a month, pulled his beloved mouse pet, and returned to the pet store after a long absence.
"Welcome home! Mr. Hook! The clerk Jessica greeted with a smile.
Hook waved his hand: "Jessica, there hasn't been any problem with the pet store lately, right?" ”
"Nope."
Hook opens the back door of the pickup truck and moves boxes of bees down.
"Is this a bee?" Jessica asked curiously.
"Well, I bought them in the south, and I have to build a greenhouse for them quickly, otherwise they won't be able to hold up in winter." Hook said as he carried the beehive.
Jessica didn't feel surprised by the boss's strange hobbies, or that Hook's performance in America was already a normal person compared to some maverick weird and strange things.
Just while the two were chatting.
Soybean farms on the Great Lakes Plains are also in a deadly crisis.
At ADM's No. 15 soybean farm on Lake Michigan, the head of the farm, Old Hall, is planning to sow the last fertilizer on the soybeans.
It's just that he just drove the spraying heavy truck and drove in the soybean field when he noticed that something was wrong.
"Huh? Why are there so many yellow leaves? He didn't like to stop to check, so he picked up the walkie-talkie: "Bob...... If you go to the field and check the situation of the soybeans, I seem to see a lot of yellow leaves. ”
"Zizi...... OK。 ”
Bob, who was in charge of spraying pesticides on the farm, appeared in the middle of the field in an all-terrain vehicle.
He took a closer look, and sure enough, he found that many soybean leaves were covered with yellow spots, and there were also signs of illness.
"Downy mildew? What's going on? This variety is very resistant to disease. Bob took off his cowboy hat and scratched the top of his sweaty head.
He felt that the disease in front of him was already very serious, and the farm did not have a pesticide to kill this fungus, so he could only report it to the headquarters quickly.
Just waiting for ADM, Cargill, and Bunge to react, downy mildew caused by soybean Phytophale has been fully broken out across North America.
The area of confirmed infection alone has reached about 80 million mu.
According to the experience of fungal infections in the past, as long as a farm appears, there is a high probability that the farms in the same water system around it will not be spared.
Obviously, there are large areas of soybean downy mildew in the Great Lakes and the Mississippi River, which means that the soybean farms in these two regions are basically at risk of infection.
Now if you want to spray pesticides to kill fungi, you are basically powerless, and usually, they are through seed disinfection and soil disinfection to achieve the purpose of prevention.
Sure enough, in the next week, downy mildew continued to attack the city and plunder, as long as it was a farm that planted genetically modified soybeans, it was basically impossible to escape.
This situation shocked the researchers of ADM, Cargill, and Bunge.
After testing and experimental testing, they quickly discovered the problem, and the soybean Phytophs appeared to have "evolved" the ability to specifically target genetically modified soybeans.
One of the exogenous genes in several transgenic soybean varieties was "cared for" by Phytophthonym soybean.
North American soybeans were directly hit hard by this sudden downy mildew.
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(End of chapter)