I'm in the county town, and you say I'm a big shot?

Chapter 455, Section 454: "Mr. Fang, this sounds a bit like a conspiracy theory."

The dishes were local Shanghai cuisine, and the drinks served were Wuliangye liquor. The group ate and chatted.

Fang Qingye noticed that Lin Guangmao and the others were particularly happy today, especially Lin Guangmao, who was talking non-stop and drinking without refusing any drinks offered.

Fang Qingye was naturally no match for him and tried to avoid the situation, but even so, she was already blushing.

"Today is the full moon celebration for my son, and he's busy greeting the guests, so I'll take him for another round!" he said, picking up his wine glass and standing up.

"Great!" several people nearby immediately cheered.

Ah?
Great!

This person's alcohol tolerance is far more than half a jin (250ml), right?

Fang Qingye was surprised and whispered to Zhu Yi beside her, "Why is Lin Guangmao so happy today?"

"You didn't know? Soybean meal prices have skyrocketed! We've made a fortune again," Zhu Yi replied in a low voice.

Oh. I'm a little dizzy from drinking, and I've already forgotten this?

Fang Qingye didn't check the market this morning, but it's not surprising that domestic soybean meal futures rose today after the surge in US soybeans last night.

While toasting, Lin Guangmao urged, "Everyone, let's not hold back today, and we don't need to watch the market. Let's drink to our hearts' content! The more soybean meal prices rise, the more we should drink!"

Fu Haitang, who was standing next to him, immediately joked, "Guangmao, according to you, if soybean meal prices continue to rise tomorrow, we'll have to keep drinking it?"

"That's for sure. Kaidou will come to your house for drinks tomorrow," Rin Mitsushige said.

"As long as soybean meal prices continue to rise tomorrow, we'll treat you to good food and wine! No problem at all!" Fu Haitang said.

Hahaha.
Everyone laughed.

Fang Qingye did not laugh.

Then, feeling dizzy from drinking, he leaned back in his chair with his eyes slightly closed.

That's right.

Domestic soybean meal futures are likely to rise again tomorrow; this recent market movement is practically a short squeeze!

They're pushing the short sellers to their deaths.

Why.
Trading futures is, to some extent, a gamble, and you have to accept the consequences.

But wasn't the price too high this time?
There's really no need for that; taking a step back will open up a whole new world.

"Qingye, are you feeling unwell?" Zhu Yi asked with concern when she saw Fang Qingye's condition.

"I drank a bit too much, I'm dizzy," Fang Qingye replied, then suddenly blurted out, "Hey Zhu Yi, do you know someone named Wang Decai? He's also a futures trader."

"I've never heard of this person, just a small-time investor?" Zhu Yi replied.

"No, they're quite a large household."

Zhu Yi thought about it carefully again, but still shook her head: "What if I don't know him? You want to find out about him? You can ask Lin Guangmao, he's well-informed."

Fang Qingye hesitated for a moment before saying, "Never mind, I was just asking casually."

Seeing the two whispering, Tian Hao, the general manager of Yong'an Futures, who was sitting on Zhu Yi's other side, came over and asked with a smile, "What are you two talking about? You seem quite engrossed?"

"Qingye asked me if I knew a big investor named Wang Decai, who also traded futures. I said I didn't," Zhu Yi answered truthfully.

"If Miss Zhu doesn't recognize him, then he must be a nobody." Tian Hao's words carried a hint of fawning, his gaze inadvertently drifting towards Zhu Yi's chest.

"Mr. Tian, ​​you flatter me too much. I'm just a humble woman; I can't compare to you executives," Zhu Yi said with a charming smile. "Oh, you can be called the goddess of talent and beauty in our futures industry!" Tian Hao began to praise her again, and Zhu Yi giggled.

Tian Hao raised his glass again: "Miss Zhu, let me toast you one more time."

"Didn't I already drink the wine you poured for me?" Zhu Yi frowned slightly.

"This toast deepens our friendship, and also congratulates Miss Zhu on making a fortune on soybean meal!" Tian Hao said with a smile.

"I did not invest in soybean meal."

Zhu Yi's words surprised Tian Hao: "Miss Zhu, you didn't work with Guangmao and the others this time?"

"No, I'm just following Aoba this time, observing from the sidelines."

"Oh," Tian Hao glanced at the silent Fang Qingye, a hint of jealousy flashing in his eyes, then smiled again: "President Fang, your judgment this time was somewhat flawed, which has harmed Miss Zhu."

“President Tian, ​​you can’t say that,” Zhu Yi quickly corrected. “President Fang is acting according to his own judgment, and I’m willing to follow him. Besides, I don’t think President Fang’s judgment this time is necessarily wrong.”

"Is that so?" Tian Hao sneered. "The drought in the United States has led to a significant reduction in soybean production; this is common knowledge in the market! The vast majority of soybeans used for soybean meal in China are imported from the United States. Do you think soybean meal prices will actually fall?!"

“Domestic soybean meal uses soybeans from the United States. It’s true that when US soybean prices rise, domestic soybean meal prices also rise. But you’re judging that US soybean production will be significantly reduced this year?!” Fang Qingye said leisurely.

what? !

Tian Hao was stunned.

He didn't expect Fang Qingye to doubt this widely accepted fact in the market!
Coming to his senses, Tian Hao snorted coldly again and said, "President Fang, do you really think this year's La Niña phenomenon is a hoax? That US soybean production will increase?!"

"Let me tell you, the U.S. Department of Agriculture announced in June that it had significantly reduced U.S. soybean production from 8300 million tons last month to 7327 million tons due to factors such as drought in the central U.S. Yesterday, the U.S. Department of Agriculture further reduced U.S. soybean production to 7169 million tons! Do you think the surge in U.S. soybean futures last night was just a joke?!"

Fang Qingye laughed when she heard that.

"Mr. Tian, ​​I feel there's something wrong with your thinking. Why do you see things in black and white? Did the US increase soybean production? I just doubt the extent of the reduction."

"Nobody has gone to the US to check the actual growing conditions of US soybeans. Whether there will be a reduction in production this September, and by what percentage, are all things the USDA has said. Who can verify them?!"

The argument between the two immediately attracted the interest of bystanders, and a man said, "Mr. Fang, this sounds like a conspiracy theory to you. How could the U.S. Department of Agriculture release false data or even lie?"

Fang Qingye took a look and realized it was Yan Qingliang, the general manager of Guotou Futures.

As soon as Yan Qingliang said this, others immediately echoed his sentiments.

"Yes, how could the U.S. Department of Agriculture release false data?"

Fang Qingye was speechless.

It's true that some domestic data is distorted, but how can you be sure that all US data is accurate?!

Fang Qingye is not sure if there is a conspiracy theory behind this year's US soybean production forecast, but the US Department of Agriculture must have lied for some reason!
The Americans are lying, but it's the Chinese who are being cheated.

Many domestic soybean importers engaged in forward contracts for imported soybeans, only to see soybean prices plummet later, resulting in heavy losses for these companies.

There's no point in talking to these people; besides, no one will listen anyway.

Everyone was celebrating the surge in soybean meal futures prices.

Thinking of this, Fang Qingye laughed and said, "I was just saying it casually. To be honest, I've never been to the United States and I don't have any real evidence. Please don't mind me."

Indeed, Fang Qingye has never been to the United States, nor has anyone here.

But one person is currently in the United States.

(End of this chapter)