Reborn? The Kind You Can Choose!

"Want to hear me tell a story?"

Yuan Zhou was not surprised at all when he heard Yang Weichao's question. Instead, he asked a question.

"story?"

Yang Weichao was stunned for a moment, but he still subconsciously said: "Okay, I'd like to hear the details!"

“Before 1995, China had always been a net exporter of soybeans!”

"In 2000, China's soybean imports exceeded 10 million tons for the first time, becoming the world's largest soybean importer. In the following years, China's soybean imports continued to rise, and China's soybean production also ranked first in the world. Check out Ranked fourth in the world after China, Pakistan and Afghanistan!"

As if narrating history, Yuan Zhou recounted the changes in Huaxia Soybeans in recent years.

Yang Weichao listened attentively, and his original relaxed expression gradually turned into a reserved one, and then a serious attitude.

“Why does our country need to import foreign soybeans despite its abundant soybean production?”

“This starts with a soybean crisis in 2004!”

"The quality of American soybeans is indeed better than our Northeastern golden soybeans. Its oil yield is about one-sixth higher, and it was particularly cheap before 2003. Even its CIF price is higher than our Northeastern golden soybeans. Soybeans are more than ten percent cheaper!”

"So as long as soybean imports are liberalized, the golden soybeans in Northeast China will be robbed!"

In August 2003, less than a month before soybeans were released on the market, the U.S. Department of Agriculture said the weather was bad and lowered soybean stocks to the lowest level in more than 20 years. What does it mean when inventory levels decrease?"

"It means that the production of soybeans in the United States will be reduced, and international financial speculators on Wall Street will begin to build a large number of positions!"

"The price of soybeans on the Chicago Mercantile Exchange CBOT has risen from the lowest of 540 cents in August 2003 to the current 1,060 cents, setting a new high in the past 30 years. This is equivalent to the price of soybeans in China, which has risen from 2,300 yuan /ton has risen to 4,400 yuan/ton!”

"Are these what I said correct, Director Yang?"

Yuan Zhou suddenly looked at Yang Weichao, who was in a daze. Yang Weichao was stunned, and then he realized: "Yes, yes, you are right!"

"Then let me continue with the rest of the story?"

"Speak, you speak!"

Yang Weichao already knew what story Yuan Zhou was going to tell.

This is a very important story, even... so important that it concerns China's national destiny!

"Soybeans are rising so fast, which of course caused panic among Chinese soybean crushing companies. They are scared. Damn it, why are soybeans rising so fiercely?"

"Is there really no soybeans in the United States?"

"So, they collectively submitted a letter demanding negotiations with the Americans!"

"Under pressure, the country had no choice but to snap up more than 8 million tons of soybeans in April 2004 at a historically high price of 4,300 yuan/ton!"

“Why are so many soybeans being snapped up at such high prices?”

"Because the U.S. government announced that they could not increase soybean production, international financial speculators spread rumors in China through the media and experts they controlled, saying that if they didn't buy soybeans, the price would rise to 5,000 yuan per ton, or even 6,000 yuan per ton!"

"The United States is currently the vane of the world's fishing boats. Whatever direction they want to control, basically the whole world will help them!"

"So, China's crushing companies were very anxious about this. They were afraid that if they didn't rush to buy, they would have to buy at a higher price, so they started buying in large quantities when the price was 4,300 yuan!"

Having said this, Yuan Zhou paused and looked at Yang Weichao with a smile on his face: "Director Yang, can you guess the next development of this story?"

Yang Weichao was a little silent, but the old man more than a thousand miles away stood in front of the window, his face solemn and solemn.

"Let him continue!"

The old man clenched his fists, put his hands behind his back, and stared straight ahead, as if there was a sharp light piercing the clouds and sky.

"Can't guess!"

"Mr. Yuan, can you continue?"

Yang Weichao said with some annoyance, and Yuan Zhou's expression became a little exciting: "Then let me tell you the next development of the story!"

*In April 2004, just after most of our companies completed their panic buying, the U.S. Department of Agriculture quickly raised the soybean inventory, and it was these international financial speculators who went short on the Chicago Board of Trade!"

"They started selling soybeans crazily. Starting from April, in just two or three months, soybean prices around the world fell in response!"

"And the soybean price in the market has dropped from 4,400 yuan to 2,200 yuan/ton!"

"Domestic soybean processing has turned from a profit to an industry-wide loss. More than a thousand suppression companies have all gone bankrupt, and 90% of them have been acquired by foreigners. As a result, 90% of the subsequent suppression companies are in foreign countries. In human hands!”

“Faced with such a huge price difference, some domestic processing companies, especially private companies, had no choice but to breach the contract and abandon the purchase contracts and deposits originally signed at high prices.

This is the very famous "Ship Washing Incident" in the previous life!

This story by Yuan Zhou is also a very true version!

Gudu!

Yuan Zhou took a sip of coffee and continued: "In response, the measures taken by the United States include: some large international soybean suppliers began to sue Chinese importers for breach of contract, and the compensation amount is estimated to be as high as 6 billion yuan!"

"International grain merchants have united to boycott Chinese private enterprises and will no longer quote prices to other Chinese importers except for some Chinese enterprises in which they hold shares!"

"These suppliers jointly revised the text of the soybean export contract to China. The revised contract terms are even more unfavorable to Chinese importers!"

"This purchase has caused heavy damage to China's 2.2 private soybean crushing enterprises. A shipment of Panamanian-grade soybeans has caused a loss of hundreds of millions of yuan. Other U.S.-grade soybeans have suffered even more serious losses. The entire industry has been almost wiped out!"

"The large group that was lucky enough to escape the disaster is also having operational difficulties!"

Whoosh!

Yuan Zhou suddenly stretched out a palm: "I can conservatively estimate that this purchase has caused at least 15 billion losses to the Chinese crushing industry!"

"ABCD, ABM, Bunge, Cargill, and Louis Dreyfus, the four major international grain merchants, took the opportunity to acquire and invest in many soybean crushing companies in China at low prices, paving a perfect path for international grain merchants to spread their presence in China!"

When Yuan Zhou said this, he suddenly leaned over in front of Yang Weichao's headphones and whispered: "Is this story exciting?".