Chapter 269: Shorting US soybeans, amazing results!
Looking at the urgent pop-up window from the Strategy Department on his computer, Tom felt like his worldview had collapsed.

He thought today was April Fool’s Day, April 4st, and even God was playing a joke on him!

Flower growers no longer import soybeans from America?
What kind of international black humor is this!
You should know that last year, China imported a total of 9861 million tons of soybeans from abroad, of which 2213 million tons were genetically modified soybeans produced in the United States.

The remaining soybean gap of more than 7000 million tons is imported from South American countries, Australia, New Zealand and other places.

But you have to know that soybean growers in South America are basically controlled by interest groups affiliated with Archer Daniels Midland (ADM) of the United States.

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

Seriously speaking, South America is America’s backyard!

Rather than saying that soybeans are grown in South America, it would be more accurate to say that the Americans grow soybeans in their new economic colonies and then sell them to flower growers for oil extraction and feed.

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

So when CNN broke the news that the United States would stop importing 5000 million tons of soybeans from America, the entire capital market was shocked!

In particular, the four major international grain traders, led by Aidimeng, held meetings to discuss countermeasures as soon as possible.

Because soybeans are not like rice, they have a shelf life during storage.

If soybeans are stored in a dry warehouse with a humidity of about 8% for more than a year, their quality will deteriorate.

Therefore, the soybean spot of the Chicago Stock Exchange will be loaded onto 1-ton bulk carriers and shipped to Rizhao Port, the flower-growing port on the other side of the ocean, within 2 to 20 months after the harvest is completed.

But the situation is different now. The flower growers announced that they produce enough beans themselves and will not buy in large quantities from outside!
Even if they buy it, the 1 million gap will be cut by more than half.

And the parts that are cut off happen to belong to the Americans’ soybean plate.

This has left American soybean growers dumbfounded!
This is a share of 5000 million tons!

Apart from flower growers who have this demand, where else on earth can we find a second market to meet this demand?
Looking for the EU?
The European Union produces its own soybeans and starts selling them to flower growers, hoping to make a little money.

Sell ​​to India?

The old immortal of the Ganges River is so poor that he can’t even afford a coin. If he were to give it away for free, he might reluctantly accept it.

As the saying goes, when you draw your sword and look around, you will feel confused.

After searching the globe, Amelia’s soybean traders couldn’t find a suitable seller.

So after the news fermented, the CBOT soybean futures price of the Chicago Board of Trade began an irresistible downward dive.

Capital from all over the world knows that American soybeans are in trouble, so they choose to short sell. The short orders in the market are piling up like a killing book.

It wasn’t just Vanguard’s soybean futures unit that suffered.

All the consortiums on Wall Street involved in the CBOT soybean trading rooms experienced similar phenomena due to this sudden black swan event in the capital market.

Either the traders and workers have to watch the flash crash at the opening, or the executives who have invested their wealth and lives in the market turn into flying men and jump off the roof of a building, choosing to start their lives over again.

Because when the circuit breaker occurred in the Chicago Board of Trade’s CBOT soybean futures trading, more than hundreds of thousands of American domestic financial accounts were liquidated.

The amount of funds that evaporated due to the circuit breaker reached more than 9000 billion US dollars at that moment.

The majority of them were swept away by major players such as Bank of China Futures, while the remaining small parts were snatched away by the old merchants and other MC creatures hidden in the underwater trading room. Of course, with the circuit breaker of CBOT soybeans in the Chicago Exchange.

The entire Wall Street financial market was greatly affected.

In addition, the emergence of the “Flying Cube” had affected the stock price of Boeing in the United States. The Dow Jones Index and the Nasdaq Composite Index, which were supposed to be booming, both experienced a sharp crash after the opening of the morning session.

The intraday drop exceeded 5%, which almost triggered an epic circuit breaker.

……

Undersea trading room.

The old businessman 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, after the $500 billion short selling order was successfully closed and delivered with the help of leverage, a total profit of $3211 billion was made.”

Chen Jue covered the phone and asked, “Have all the funds been withdrawn safely?”

The old businessman nodded and said, “We have withdrawn all the funds to the Hong Kong market through more than 20 sub-accounts, through channels such as cryptocurrency and the U.S. stock market. As long as the boss is able to reach an agreement, we can officially return to China.”

Chen Jue grinned and continued to chat with Zheng Yinhua, the person in charge of BOC Futures, about the results of this wave of shorting US soybeans: “Old Zheng! This time you made the most money, and our Magic Cube Group made the least money. It can be regarded as revenge for the crude oil treasure. But I need to repatriate more than 3000 billion US dollars, you have to help me think of a way!”

Zheng Yinhua was in the futures exchange in Shanghai at this time, also looking very high-spirited.

The Chicago Stock Exchange was attacked in the middle of the night, and domestic major players such as Bank of China made a total profit of more than 5000 billion US dollars, which can be regarded as a redemption for the previous losses in the crude oil treasure.

However, the trading speed of domestic main forces such as Bank of China cannot catch up with the terrifying speed of MC Bio.

The more than 5000 billion US dollars they have earned so far is currently temporarily blocked in the American capital market.

Why?

The Chicago Stock Exchange was experiencing a circuit breaker. The Americans saw that they had lost too much money in gambling and chose to unplug the network cable! They directly shut down all the ports for capital outflow.

Currently, the two sides are arguing over the fate of these funds.

Judging from the bandit nature exposed by the Americans in the past two years, they are probably trying to do something to the more than 5000 billion US dollars in profits earned by Bank of China Futures.

“Mr. Jue, your 3000 billion US dollars is easy to solve. I will let the people from the settlement department of CICC Hong Kong contact you later and give you a normal settlement according to the exchange rate. I still need to continue to monitor the market to see how to withdraw the main funds, this is my headache!” Zheng Yinhua said with a chuckle.

It can be said that all the major domestic players made a lot of money from the sneak attack on the Chicago Stock Exchange.

However, with such a large amount of funds, it is a little troublesome to withdraw them.

Given the nature of the thief eagle being afraid of the rabbit, it is highly likely that it would not dare to blatantly freeze the more than 5000 billion US dollars. But there must be some hidden hand in private.

So Chen Jue, who had heard the key point of the problem, gave the other party a very ‘excellent’ bad idea: “Old Zheng! Withdrawing funds is easy! I’ll give you a trick.”

“We just need to use this 5000 billion yuan of circulating funds to replace the large amount of U.S. debt in our hands.”

“No matter how tough the Americans are, they dare not blatantly freeze our U.S. debt! Unless their capital market doesn’t want to survive anymore, if they dare to freeze it, Wall Street will explode.”

As soon as this idea came out, Zheng Yinhua on the other end of the phone was shocked by this conspiracy. He slapped his thigh and exclaimed: “This is a great idea! Let’s do it!”

(End of this chapter)