We are all reborn, who wants to be the richest man?

Dixon, Illinois, is the headquarters of Archer Daniels Midland, one of the four largest grain traders, also known as ADM.

Many people say that ADM’s headquarters is in Chicago. This is both right and wrong. To be precise, it should be in Dexter City, Chicago.

At this time in the ADM conference room, the entire board of directors was smiling as they listened to their subordinates' reports.

"How much has the current soybean futures price increased compared to when we first opened the position?"

"The increase has reached 81%. We established long positions early and caught up with both the previous market trend and this big increase."

It turned out that ADM started to build up long positions at the beginning of the year. After April, when Rabbit's soybean purchases increased significantly, they started planning this wave and did not choose to lock in the profits.

"That's right, but this is not the peak. I will create a big bull market within two months."

ADM's CEO first asked his subordinates to report, and then highlighted his own great achievements in disguise and made some ambitious statements.

"Talk to our directors about our expected returns this time."

"This time we invested 20 million US dollars and used times leverage. If nothing unexpected happens, this money is likely to bring us more than one billion US dollars in profits."

“Oh~” When they heard that there would be more than a billion dollars in revenue, the directors’ expressions became even more confused.

"Cramund, go ahead and do it, we absolutely support you.

And I propose that your bonus be tripled this year.

I heard that you haven’t had a vacation with your family for a long time. How about this: after this futures settlement, I will approve you for a one-month vacation, and the company will pay for all expenses.”

"I agree with the chairman. Cramond, you deserve the most credit for the huge profits we have made this time.

If you hadn't decisively approved such a large sum of $200 million, if you hadn't gone against all odds and increased the leverage twenty times, we would never have achieved the returns we have now."

Twenty times leverage is rare in grain futures, which are usually around three to five times.

The main reason is that these futures are limited in scale, unlike the huge scale of oil and gold. If the leverage is too large, it is impossible to play. The market understands what is going on, and capital will definitely treat you as a pig.

Just like Bunge, Cargill and other three major grain traders now have five times leverage.

At this time at Bunge's headquarters, CEO Gatep's face flushed as he looked at the increase in soybean futures.

For him, this year is the highlight and the time to prove himself.

"I want to let those ignorant guys know that Bunge does not need to depend on anyone. Bunge is Bunge, and in my hands it will develop into the world's largest agricultural giant."

"That's for sure. Under your leadership, Boss, Bungie's development over the years has been obvious to all.

This year, Bunge's earnings and growth will reach new heights, and those directors will regret their original decision and be glad that the merger did not take place."

As Gatep's closest associate and most considerate secretary, Wellman knew how angry his boss was when the board of directors did not approve his plan to merge Bunge into Pioneer Seeds.

Fortunately, Pioneer Seeds didn't want Bunge at all, and Bunge's shareholders no longer wanted to invest in Pioneer Seeds.

Since the talks between Daxiang and Luo Nianzhong broke down, Daxiang will naturally not let his base be eaten away by others.

In recent years, not only Pioneer Seed has been developing, but the four major grain traders have also acquired many agricultural companies in the United States under the care of Elephant.

It can be said that in the red states, basically all agricultural enterprises of some scale have been divided up by the four major grain traders, and the only ones left are in the blue states.

The four major grain traders are well aware that even with the support of donkeys, Pioneer Seeds cannot take over all agricultural companies in the blue states. Doing so is not cost-effective because many businesses overlap.

Therefore, the four major grain traders are not in a hurry at all and just watch Pioneer Seeds making a lot of money in the blue states.

How much can you eat on a table? It's the same if you finish eating and then we join the table.

"How are the acquisition negotiations with soybean farmers going?"

“Yeah, not bad.

Although the price has increased due to the rush to get orders, it is still acceptable overall.

that is…".

Seeing Secretary Wellman looking hesitant and wanting to speak, Gatep said unhappily.

"Just say whatever you want to say. What's the point of being so hesitant? There's no need to be like this with me."

“Well, I would say it’s about funding.

Soybean futures prices have risen, and there is a shortage of soybean demand, which has led to people eyeing the soybeans that are still in the fields."

Gatep understood that soybeans in North America also have a different maturity period.

In the past, we would harvest the early-ripening ones first and sell them while we were harvesting. This made capital turnover very convenient and we could go to the bank to get a loan with the orders.

But this year is different. There is a huge gap in the demand for soybeans. We are not afraid of having no customers, but we are afraid of having no soybeans.

In order to purchase more soybeans and earn more profits, major companies purchased all the soybeans that were still exposed to the sun in the fields and signed contracts with farmers in advance.

This results in a huge amount of capital being invested at once, but there will not be enough orders to apply for a bank loan.

"I'll take care of this matter. I'll call Citibank this afternoon."

Gatep doesn't think there is anything wrong with investing heavily in purchasing large quantities of soybeans. It doesn't matter even if the market doesn't buy them because the U.S. government will back them up.

Since the 1960s, the United States has started to have bumper harvests in agriculture, thanks to their vigorous promotion of agricultural machinery.

At this time, the United States' grain export output accounts for a quarter of the world's total, its soybean, corn, wheat and other crops account for more than 65% of the world's total, and its sorghum output accounts for % of the world's total.

There was more food, but problems also arose.

At this time, the living standards of the American people have improved, and bread is no longer their first choice. The first choice has become meat, eggs, and milk.

Due to changes in diet, the demand for grain in the United States has dropped significantly, and food has become unsalable.

In order to prevent the collapse of agriculture, the U.S. government proposed a food peace plan.

In fact, it is food aid. The U.S. government spends money to buy food to provide aid to those backward countries.

Don't think that the United States is kind-hearted. When they provide aid to you, they never consider whether you are short of food, but rather how important your food-scarce country is to them.

With this plan, the four major grain traders in the United States can be said to be making money without doing anything.

Everyone knows that Louis Dreyfus, one of the world's four largest grain traders, is a French company, but when it comes to the four largest grain traders, people always say that they are controlled by the United States.

Because Louis Dreyfus is in Cao's camp but his heart is with Han, and he only wants to get closer to the United States.

Even among the shareholders, Louis Dreyfus even handed over the controlling rights of the company in order to be able to obtain the policies forever and enjoy the same treatment as the three companies A, B and C.

So even though Louis Dreyfus is a French company, its control is in the hands of the United States.

This also shows the importance of the United States' government's procurement plan to the four major grain traders, which is truly shared by the country.

However, even if it is government procurement, there is a condition, that is, the price of soybean futures cannot collapse.

Otherwise, the more the four major grain traders sell, the greater the losses they will suffer. If they fail to recover the funds, they will not be able to repay their debts, and the company will experience a series of chain reactions.

Fortunately, the four major grain traders now firmly believe that the price of soybean futures is unlikely to fall in a short period of time. This high level will be maintained for at least half a year or even longer, depending on the soybean harvest in the southern hemisphere this year.