My Phone Can Swipe Money

785. Food problem

Food has always been the biggest problem in the world. Although there is no food crisis in China, according to a survey by the World Health Organization, the number of hungry people in the world has reached 1.02 billion.

What is this concept? Based on the global population of 7 billion, one in seven people is still hungry, which means one in every seven people is hungry.

Most of these people are in war-torn areas or in the "Third World". Although they have abundant resources, they are constantly exploited by ruthless capital, leaving countless people at the poverty line.

International grain merchants don't care about the lives of these people. What they care about is whether the price of grain can rise sharply. When the time comes, they will continue to cooperate with the short sellers in a wave of harvest, and the grain market will be left to them.

They planned to do this on such a large scale back in 2008. Unfortunately, there was a bumper harvest in Asia at that time, so their plan had to be stopped halfway through.

But this time is different. This time it is a global food shortage declared by the WHO, so they feel that this is a once-in-a-lifetime opportunity, so international grain merchants unite international shorts and bulls to plan a "washing up".

The first thing they targeted was polar bears.

Polar bears have a vast land and sparsely populated areas, so food reserves have always been their weakness. So their first target was this dying "polar bear".

International grain merchants and International Crocodile first began to buy large amounts of polar bear grain. In just one day, all grain futures on the polar bear market were wiped out.

The futures of European staple foods such as corn, wheat, and soybeans were pulled up by 15% in one day, and for a time no selling orders appeared.

The polar bears quickly started to "stabilize" the market. They threw out a lot of stored grain in an attempt to stabilize the market price, but the harvest was very little.

Take corn as an example. In just one day, the price of corn has risen from US$6.97 to US$8.50 per bushel, and there is not even a single sell order in the futures market.

Seeing this, many investors began to do more in the grain market. When the market closed in the evening, the price of corn had reached 9.87 US dollars per bushel. This gave countless people a taste of the sweetness and continued to do more.

Liu Changcan, who was in the company at this time, was dumbfounded. In just a few hours, the 10 million U.S. dollars of corn he bought had risen to more than 13 million U.S. dollars. At this time, he was already frightened.

This time he invested a total of more than 30 million US dollars to buy corn, wheat and soybeans. The current profit has reached 7 million US dollars. After thinking about it, Liu Changcan did not hesitate to sell them all.

Just as he was clearing out his inventory, the prices of all grains began to plummet.

Before anyone could react, the price of grain on the market had dropped back to its previous price, with corn falling even worse to $5 a bushel.

In the futures market, bulls have liquidated their positions one after another, while international grain merchants opened their mouths and began to cooperate with the international crocodiles to eat up these "leeks".

This food fluctuation has made many countries become vigilant, and they are planning to enter the market to stabilize their local markets.

But what they didn't expect was that the price of food rose again when the market opened the next day, which caused countless people who wanted to get out of the trap to cut their flesh to stop the bleeding.

But this time, grain futures were the same as last time. When they were still $1 away from the previous price, they fell back again, even $0.5 lower than the opening price.

Anyone with a discerning eye knows that this is the "bookmaker" starting to wash the market. Although they know it is a wash, no one dares to stay in this market. After all, this thing is too exciting, and people with weak hearts can't stand it.

So after three repeated washes, almost all retail investors and some institutions sold, except for the grain reserve bureaus of some countries.

There is no way, the next situation is not something they can bear. Of course, there are "bold" people who want to stay in and get a share of the pie, but it is up to them whether they can persist.

In the Tang Mansion villa, Zhou Xu was reporting today's situation to Tang Wen.

"Boss, there are six major grain merchants taking action today, including a total of 32 international crocodiles. The funds used exceed 1.8 trillion U.S. dollars, and the leverage is unknown."

Tang Wen said with a smile: "These people really dare to fight. They dare to play with a trillion-dollar game." The craziness of these people was beyond Tang Wen's expectation.

Although the food market seems to be worth hundreds of billions of dollars, if it needs to be fully controlled, it will require too much capital.

Even the people in the European Union have a hard time fighting against such a behemoth. Except for the guy in the United States who is crazy about printing money, anyone else who wants to play such a game is undoubtedly seeking death.

The most eye-catching thing is that all six major grain merchants are dispatched this time. These six major grain merchants control the grain prices in Europe, North America and Africa. The grain prices in other countries except Asia are basically controlled by this group of people.

When these people unite, they are no ordinary people.

The grain futures market has been completely shut down by their play. The first thing to collapse was that prices in Europe, America and polar bears began to soar.

In particular, a piece of polar bear cabbage can be sold for $2, and a bag of bread has doubled in price. Prices in the United States and the European Union are even worse. Not only do vegetables cost double, but staple food prices triple as well.

These international grain merchants hold a large amount of futures but do not put them into the market. Moreover, they also control the export of grain, causing the entire North America and Africa to fall into a "panic".

In order to survive, everyone began to hoard food on a large scale, resulting in a large number of food shortages and out-of-stocks on the market. Although the government has been selling reserves to stabilize market prices, there is no import and it only relies on existing reserves. Many countries cannot survive three months.

Europe and the United States have no choice but to find grain merchants and ask them to import grain. However, these people insist that this year's harvest is not good and the import reserves are insufficient. In short, they just say "no grain."

Because of borrowing the "east wind" from the WHO, everyone thought that this year's global food harvest would be poor, which led to the continuous rise in food prices.

The Ministry of Commerce and Trade in Europe and the United States helped to "publicize" this year's poor grain harvest because they were "managed" by grain merchants in advance. They were really in the same boat.

After this group of people had almost finished "harvesting" in Europe and the United States, they gradually set their sights on Asia as far away as the other side.

This is their biggest battlefield, but what they don't know is that coming to Asia may be their biggest wrong choice.