Chapter 152 Adding insult to injury
North America.
Cargill's headquarters.
At this time, the atmosphere was already gloomy and depressing.
President Wade had a very ugly expression on his face, and the expression of the chairman sitting opposite him, Little William, was even darker than the bottom of a pot.
"Can anyone tell me? What's going on with the rice in Hongsavadi?"
Foster Nitze, who was in charge of market research, replied tremblingly: "Chairman, we don't know much about Hongsavady, especially this year they have strengthened entry inspections and restrictions. We can only analyze their rice production through satellite remote sensing."
Bang! Little William slammed the table and said, "Fuck you! Your analysis report has not been changed at all. You just copied the data from previous years. Do you really think I'm a fool?"
Foster secretly complained in his heart: "You are the one who asked for increasing revenue and reducing expenditure. Do you think commercial satellites are free? Who would specifically target a small country?"
Wade sighed, "Huh... Mr. Chairman, our Southeast Asian food war has obviously failed. The rice in Hongsavadi is enough to supply Luzon. We lost another 530 million in rice futures today. I'm afraid the 320 million invested in Luzon's food will be stuck."
Hearing about such a terrible loss, everyone's hearts were bleeding.
Perhaps many people think that the price of rice in Luzon has collapsed, and ABCD can just sell the rice internationally.
At this time, the price of rice in the international market showed a significant decline due to the impact of the Luzon Rice War and the emergence of Hongsawadi rice.
However, the international price of rice remains around US$430 per ton.
After all, the impact of the soybean production reduction is so great that it is difficult for the prices of other grains to fall.
But ABCD understands that it is easy for rice to enter Luzon, but it is difficult to leave Luzon.
The fact that Luzon recently increased its rice export tariff to 300% is enough to make grain traders bleed.
What's more, the current port, railway and highway operators in Luzon are all backed by the five major families and Homo sapiens companies. They can set high charging standards in a targeted manner, making the transportation costs of grain traders unaffordable.
This is also the reason why Fan Aoka and others chose to jump off the building.
Grain can be stored and sold to locals, but not a single grain of rice can be shipped out of the country. Faced with such restrictions, speculative grain traders can either sell it locally at a low price or continue to store it.
If you rely on your own funds, it’s just a loss of money.
However, many speculative grain traders have borrowed a lot of money from banks. Now the price of rice in the country has fallen below the floor. They have to repay the money and bear the losses from the low rice prices. Some people can't bear it anymore and have to jump off buildings or into the sea.
This time, the sickle of the Homo Sapiens company was very sharp, and it cut quickly and hard.
During the previous rice price increase, they first secretly fanned the flames, then secretly asked local cooperatives to sell a batch of rice to these speculators at a high price, and at the same time asked banks to provide mortgage loans to these speculators.
Now the rice price in Luzon is directly and accurately exploded, trapping a group of speculators at high rice prices, and quickly blocking Luzon's grain export channels, completing the layout of suffocation.
In addition, in the international futures market, ABCD was deceived again through the news of the Luzon Rice War and the Hongsawadi rice production capacity.
Next, if those speculators cannot repay their loans on time, their rice, companies and assets will be forcibly taken away by the bank.
When the bank was selecting its prey, the Security Department secretly helped the bank by carefully selecting targets and ensuring that the assets of these prey could not be repaid on time, so that a small profit could be made after forced execution.
Obviously these speculators are unaware of the horror of Homo Sapiens Corporation.
They think they are hunters, but they don't know that they are actually the prey.
…
Little William is about to have a blood vessel burst.
Cargill lost a lot of money in soybean futures, lost a lot of money in soybean spot, and now lost a lot of money in rice futures and speculation.
What is even more serious is that they originally planned to harvest Luzon through the rice war to make up for their losses in the soybean industry.
Now, not only did he fail to steal the chicken, but he also lost the rice.
Fortunately, Cargill is not a listed company, otherwise its stock price would have probably fallen through the floor.
As listed companies, ADM, Bunge and Louis Dreyfus' stock prices plummeted today, and they were severely fleeced by the financial office of the internal affairs department of Zhiren Company.
Of course, other financial speculation institutions in Europe and the United States did not miss this opportunity either.
Even ABCD itself is shorting itself to hedge some of its losses.
However, this series of financial, food and soybean conflicts has also attracted the high attention of Wall Street financial groups.
As the behind-the-scenes boss of the Wall Street financial group, the Morgan family ordered a thorough investigation of the matter.
Thomas Morgan in Seattle put down the documents in his hand and lit a cigar: "Huh...ABCD has suffered a heavy blow! Philip."
"Please give me your orders, sir." A middle-aged man with white hair stood aside respectfully.
"Have someone talk to little William and tell him that I'm somewhat interested in Cargill."
"OK, I'll do it right away."
After the middle-aged man left, Thomas picked up the document again and looked at part of the content with flickering eyes: "Who are you?"
Through the Wall Street financial group and the global financial system, the Morgan family noticed that there seemed to be a force stirring up trouble in this series of financial operations.
However, during the investigation, no obvious targets were found.
Those accounts that short ABCD, or go long on soybean futures and short rice futures, come from all over the world, and there are a large number of accounts in North America and Europe.
Among these accounts, there are more than a dozen investment funds from Luzon, holding more than 2 billion US dollars.
But the other party mainly focused on rice futures and shorting ABCD in the later period. Obviously, this was a cover for the five major families in Luzon, and this was news that the Morgan family already knew.
But the sources of the remaining hundreds of thousands of accounts are very complicated.
Especially in the early stage of soybean futures, there were a group of accounts that set traps for ABCD, various offshore companies, offshore accounts, and complicated identities.
Even the Morgan family, the leader of the world's financial giants, found this extremely difficult.
Faced with this tangled mess of account information, the Morgan family organized a professional financial channel investigation team, but still has not found any useful information.
In fact, the fundamental reason why the Morgan family could not find out the mastermind behind the incident was the special operating mode of the Financial Office of the Internal Affairs Department.
With the help of the security department that has infiltrated all parts of the world, the Internal Affairs Department forged a large number of fake identities in every region where there is an opportunity.
For this purpose, the Ministry of Internal Affairs has also set up an "Identity Information Editing Office" to specialize in forging impeccable false identities.
Then, with the help of these fake identities, they open companies and financial accounts around the world, and further use channels in offshore areas to disguise their identities again.
Although the Morgan family can find information on some offshore areas, some offshore areas are full of loopholes and the authenticity of the information they provide is very worrying.
After this disguise, a small number of soldiers and managers are put in the open to establish or acquire some investment funds and investment companies in major financial markets.
This creates a fog of truth and falsehood.
In addition, it is impossible for soldiers and managers to betray the Homo sapiens company, forming a financial network that seems isolated in every place but is secretly closely connected.
The Morgan family was also blocked by this fog and could not find the so-called mastermind behind the scenes.
After all, the funds in these accounts are not aggregated, but remain in various company and personal accounts in various regions.
If these funds were aggregated on a large scale, the Morgan family, with their influence in the financial world, would easily discover the problems.
Therefore, the Sapiens Company does not intend to pool the funds, but instead plans to launder the money through other means, or use it as development funds for the Security Department and local branches.