I am farming in the real world

Chapter 269: Shorting US Soybeans, Amazing Results!

Looking at the emergency pop-up from the strategy department on his computer, Tom felt his worldview collapsing.

He thought it was April Fool's Day, and even God was joking with him!

The Chinese were not importing soybeans from America?

What kind of international black humor was this!

You have to know that last year, China imported a total of 98.61 million tons of soybeans from abroad, of which 22.13 million tons were genetically modified soybeans produced in the United States.

The remaining 70 million tons of soybean gap was imported from South American countries, Australia, New Zealand, and other places.

But you need to know that the South American soybean growers are basically controlled by the Archer Daniels Midland (ADM) affiliated interest groups from the United States.

Their land, seeds, fertilizers, and even machinery are all privatized by the American interest groups.

It's not a joke to say that South America is the backyard of the United States!

It is better to say that the United States is planting soybeans in its new economic colony, and then selling them to China to extract oil and make feed.

Only a very small portion of the money from selling soybeans will be symbolically used to pay taxes to South American countries and pay wages.

So when CNN revealed that China would stop importing 50 million tons of soybeans from America, the entire capital market was in an uproar!

Especially the four major international grain merchants, led by ADM, held meetings to discuss countermeasures as soon as possible.

Therefore, the soybean spot goods on the Chicago Exchange are basically shipped to Rizhao Port in China across the ocean on 200,000-ton bulk carriers within 1-2 months after the harvest is completed.

But now the situation is different, China has announced that their own soybean production is enough, and they will not buy a lot from outside!

Even if they buy, the 100 million shortfall will be cut by more than half.

Moreover, the cut portion happens to belong to the American soybean plate.

This made the American soybean growers dumbfounded!

This is a share of 50 million tons!

Besides China, where can you find a second market with rigid demand to undertake this on Earth?

Find the European Union?

The European Union is producing its own soybeans and selling them to China, planning to make small money.

Sell to India?

The Ganges Immortal is so poor that he can't even take out a penny. If it is given away for free, they might reluctantly accept it.

As the saying goes, drawing the sword and looking around, I feel lost.

After searching around the globe, Amelia's soybean merchants could not find a suitable buyer.

So after the news fermented, the CBOT soybean futures price on the Chicago Exchange began an irresistible downward dive.

Capital from all over the world knew that American soybeans were going to suffer, so they chose to short sell. The short orders on the market were frantically stacking up like a killing book.

Not only did Vanguard Group's soybean futures department suffer.

The trading rooms of various consortia on Wall Street involving CBOT soybeans all experienced similar phenomena due to this sudden black swan event in the capital market.

Either the traders and wage earners watched the opening crash, or the executives who invested their wealth and lives transformed into flying people and jumped off the roof, choosing to restart their lives.

Because when the CBOT soybean futures on the Chicago Exchange triggered a circuit breaker, more than hundreds of thousands of American local fund accounts were liquidated.

The funds evaporated with the circuit breaker amounted to as much as 900 billion US dollars in an instant.

The bulk of it was taken away by the main force like Bank of China Futures, and the remaining small part was snatched by the MC creatures of Lao Shang's group hidden in the underwater trading room.

Of course, with the CBOT soybeans on the Chicago Exchange triggering a circuit breaker.

The entire Wall Street financial market was greatly affected.

In addition, because the emergence of the 'Flying Cube' affected the stock price of Boeing in the United States, the Dow Jones Industrial Average and the NASDAQ Composite Index, which should have been booming, experienced a sharp flash crash after the opening in the morning.

The intraday drop exceeded 5%, and it was almost about to trigger an epic circuit breaker.

...

Underwater trading room.

Lao Shang, who had just completed the withdrawal of funds from the market, turned around and reported to Chen Jue, who was on the phone: "Boss! This time, the 50 billion US dollar short order, with the leverage, successfully completed the closing and delivery, and made a total profit of 321.1 billion US dollars."

Chen Jue covered the phone and asked: "Have the funds been safely withdrawn?"

Lao Shang nodded: "It has been withdrawn to the Hong Kong market through more than 200,000 sub-accounts, through channels such as cryptocurrency and the US stock market. As long as the boss negotiates, it can be officially returned to China."

Chen Jue grinned and continued to talk to Zheng Yinhua, the head of Bank of China Futures, on the other end of the phone about the results of this shorting of American soybeans: "Old Zheng! This time, you earn the big head, and our Cube Group earns the small head, which is considered to avenge the Crude Oil Treasure. But I have to repatriate these 300 billion US dollars, you have to help me find a way!"

Zheng Yinhua was also in high spirits in the Shanghai Futures Exchange at this time.

Sneaking into the Chicago Exchange in the United States in the middle of the night, Bank of China and other domestic main forces made a total profit of more than 500 billion US dollars, which can be regarded as avenging the previous losses of the Crude Oil Treasure.

However, the human trading speed of the domestic main force of Bank of China can not keep up with the terrifying hand speed of MC creatures.

At present, the 500 billion US dollars they have earned are still temporarily besieged in the American capital market.

Why?

Isn't it because the Chicago Exchange triggered a circuit breaker, and the United States saw that it had lost too much and chose to pull the plug! It directly shut down all fund escape ports.

Currently, the two sides are arguing about the whereabouts of these funds.

Based on the bandit nature exposed by the United States in the past two years, it is estimated that they want to do something small to the profit plate of more than 500 billion US dollars earned by Bank of China Futures.

"President Jue, your 300 billion US dollars is easy to solve. I will ask the people from the Hong Kong China International Finance Corporation settlement department to contact you later and settle normally according to the exchange rate. I have to continue to watch the market and see how the main funds should be withdrawn. This is what gives me a headache!" Zheng Yinhua said with a smile.

This time, the sneak attack on the Chicago Exchange can be said that the domestic main forces have made a lot of money.

It's just that such a large amount of funds is a bit troublesome to withdraw.

Based on the nature of the silly eagle fearing the rabbit, it probably does not dare to blatantly freeze that 500 billion US dollars. But there must be secret tricks in private.

So, after hearing the key point of the problem, Chen Jue came up with a very 'absolute' bad idea for the other party: "Old Zheng! It's easy to withdraw funds! I'll give you a trick."

"You only need to parallel replace this 500 billion of circulating funds with a large amount of US debt in our mother's hands."

"Even if the United States has a hard head, it does not dare to blatantly freeze our US debt! Unless their capital market does not want to continue to live, dare to freeze it, Wall Street will have to explode directly."

As soon as this idea came out, Zheng Yinhua on the other end of the phone was shocked by this conspiracy, slapped his thigh and exclaimed: "This trick is great! Let's do it!"