As a mage, I just want to pursue the truth

Chapter 110 Super Soybean
After returning home, Kenny was still puzzled. There must be a reason behind any change in the financial market.

At the end of 21, Jiuan Medical, the largest demon stock, soared. There must be organizations or individuals who got the news in advance to rush away. Only by having an accurate estimate of the market value of Jiuan Medical after signing a large order, can they sit firmly on the Diaoyutai.

What is said on the Internet that the head of a certain sales department has a pattern, and Jiuan Medical has doubled and will not run and lock the warehouse until ten times.

This kind of pure leek conjecture should be regarded as reality, and such a big guy who doubles and does not lock up his position is definitely because he has inside information to know the target price, not a big pattern.

This is the same logic as Wangfujing Department Store in the early 20s.

In the same way, the sudden plunge in the futures market means that the power of short-selling is much greater than that of long-selling.

Although regional conflicts have continued during this period, all forces are speaking harshly.

But even shortly before the conflict was most likely to erupt, soybean futures did not take such a sharp and undefended plunge.

Because the global oil supply is tightening, geopolitical conflicts have led to rising commodity prices, and the spot crude oil price of Brent has even exceeded 98 yuan per barrel.

There is a certain correlation between the price of crude oil and the price of oil and fat. It is very strange that the price of crude oil rises and soybean-related products fall.

After returning home, Kenny began to collect information from various sources, trying to judge the logic behind this abnormal phenomenon.

In order to ensure the timeliness of his futures trading information, he even hired people in remote Brazil to help him calculate the weather conditions of the season and the possible impact on soybean production every day.

American's output does not need to be watched by anyone. The mature futures market has led to specialized companies doing data business in this area. Just buy what data you need directly from them.

American is the largest soybean producer, and the second largest soybean producer is Brazil.

The combined output of Brazil and American exceeds 50.00% of the global total.

American yields are relatively stable due to industrial farming.Therefore, Brazil's production can cause strong fluctuations in the futures market.

"Recently, Brazil's offshore soybean spot volume has not increased significantly."

"American's soybean production is also very stable. Could it be that the Fed's interest rate hike is expected to advance?"

"It is impossible for the Fed to raise interest rates and only soybean futures will fall."

American has said a long time ago that interest rates will be raised this year, and that this year must be raised.But the number and timing of interest rate hikes has been uncertain.

The Fed's interest rate hike means monetary tightening, and the rice dollars that have been released to the world before flow back to American.This is how the Fed tries to curb inflation.

The Fed’s interest rate hike is a certainty, only the number of times. At first, it was said once, and then it was said three times. Later, the craziest forecast on the market is that the Fed will raise interest rates seven times this year.

Kenny has never been able to find the reason for the sharp drop in soybean futures. He thought he had to wait, and the news would be announced sooner or later.

It's just that some people got it in advance, and some people didn't know until the news was announced.

At [-]:[-] in the morning, Kenny was woken up by the phone, "Who"

Before he finished speaking, a loud voice came from the receiver: "Look at the telegram group! Huaguo has invented a super soybean, which can achieve an average soybean yield of 20.00 catties per mu, and the oil yield rate exceeds [-]%! "

Kenny didn't feel sleepy at all. His old friend on the phone was Duke, who worked as a trader together back then. He is still on the front line of futures trading.

As a veteran of the soybean industry for many years, he is well aware of the gold content of an average yield of [-] jin per mu.

American's soybean yield per mu is about 435 catties. In extreme cases, it can achieve a yield of more than [-] catties per mu, but this is a rare case.

Soybean is a light and temperature sensitive plant, and its yield will be affected by many factors.

If the average yield of [-] jin per mu can be achieved, the price of soybeans on the market will drop by at least [-] percent.

He quickly judged that yesterday's price drop was almost in place in one step.

Kenny turned on his phone and watched the video in the eye group:
"The Huaguo Academy of Agricultural Sciences has developed a super soybean with an yield of [-] jin per mu. This genetically modified soybean will be the first genetically modified crop approved after Huaguo allowed genetically modified technology."

He read in the group that this is the most famous news program in Huaguo, and the hostess in it has been introducing this super soybean.

The more he listened, the more shocked he became. When did Huaguo's genetically modified technology become so advanced?It can actually be so much ahead of American in the research and development of soybean seeds.

"Is this a soybean seed developed by Huaguo?"

"They say they developed it, who knows? Maybe Syngenta."

Huaguo Enterprise, the aforementioned Huaguo Import and Export Chemical Company, spent 2016 billion yuan to acquire the Swiss agrochemical giant Syngenta in 430, and Syngenta is also a seed giant.

We must know that Monsanto also wanted to acquire Syngenta at that time, and the price Monsanto gave was even higher, 450 billion yuan.

"Syngenta does not have this ability. If they had this technology research and development ability, they would not be acquired by Huaguo."

"Super soybeans, I don't know if we will import them, but one day we will import seeds from Huaguo, it is incredible."

"Why not? Huaguo's soil and environment can achieve a general yield of [-] catties per mu, and American can break through [-] catties."

Due to the limitations of environmental conditions and breeding capacity, Huaguo's soybean yield is far behind that of American. The average yield of American per mu of land is 435 jin, while that of Huaguo is 265 jin.

Moreover, the oil yield of Huaguo soybeans is on average 3 to 5 points lower than that of imported genetically modified soybeans. For every one point higher in the average soybean oil yield, the income from processing a ton of soybeans can increase by 150 yuan.

This is why Huaguo wants to subsidize soybeans, and no one will plant them without subsidies.

"How do you know what they're saying is true and not a propaganda?"

"There is no need to lie about this kind of product. If you want to get a product that is traded on the market and others buy it and test it, what is the point of lying? Don't be dazed."

"It's no wonder that soybeans and related products all plummeted yesterday, and the Huaguo people have made a lot of money by shorting this wave."

"Damn Hua people, use this method to manipulate the market!"

"Yesterday it fell by 12 points. Soybean futures have room to fall by up to eight points after the market opens today, but I don't think it will fall so much."

Although it was five o'clock in the morning, everyone in the soybean futures trading telegram group was discussing hotly. Kenny couldn't fall asleep after watching it for a while. He started to think about the futures price trend at the opening tomorrow and what profit he would have. space.

In Huaguo, thousands of miles away from Chicago, the office building of Huaguo Seed Group was full of joy. It was already [-] o'clock in the evening, and no one had left their work stations yet.

After merging the financial sector of Huaguo Import and Export Corporation, the SASAC also transferred a group of people from the futures companies of CITIC Futures and China Securities Construction Investment to set up a futures trading department.

　Thanks to sechs_, Qixing Pisces for their rewards.

　　
　
(End of this chapter)