Chapter 383 - 182: A Decisive Blow

Chapter 383: Chapter 182: A Decisive Blow

A slew of official accounts on the Ah B Platform were all reporting on the day’s events.

The most bustling accounts, however, belonged to major media outlets and current events commentators.

For instance, Observation Animal Net had been working overtime for the past hour, scrambling to pull information directly from Hailufeng Company’s official website and press releases. They hadn’t even had time for photoshopping or polishing; they just slapped it all together and posted a news commentary video around 3:00 PM.

"...According to the information currently disclosed by officials, as well as public data from Hailufeng Company, the Immortal Soybeans have passed their third-phase experimental planting trials and been approved for official market release. This is excellent news..."

"However, I believe there are five crucial takeaways from the available information, and I’m going to break them down for you one by one..."

"First, versatility. According to information just released by Hailufeng Company, Immortal Soybeans can adapt to the climates of Lingnan, Xinan, Jiangnan, the North, the Northeast, and the Northwest. They can be planted in ordinary farmland, as well as in sandy land, deserts, and moderately to severely saline-alkaline soil. This means Immortal Soybeans can be grown all across the country."

On screen, a quick montage of different climates from across the country flashed by, quickly followed by images of red soil, paddy soil, black soil, loess, deserts, sandy land, and saline-alkaline soil.

"Second, drought resistance. According to information released by Hailufeng Company, Immortal Soybeans can be planted in areas with an annual precipitation of around 50 millimeters. They only need to be watered two or three times during the seed germination stage. This means planting this soybean variety in the arid regions of the North can lead to significant water savings."

"Third, high yield. Judging from Hailufeng Company’s planting results in the Kerchin Desert, even with low-maintenance farming, the average yield per mu can still reach about 310 kilograms. Moreover, it can be harvested twice a year. With the winter soybean yield estimated at around 200 kilograms per mu, this means the total annual yield per mu can reach about 510 kilograms."

"Fourth, sustainability. The Immortal Soybean’s root system can efficiently utilize chemical fertilizers, and it also possesses root nodules that absorb nitrogen from the air. Within three to five years, the decomposition of its roots can rapidly increase the soil’s organic matter and various nutrients. This can transform sandy lands and deserts into fertile soil similar to black soil."

"Fifth, diversity. Immortal Soybeans can be intercropped with other agricultural products. In places like Red Grass Town, Shanmei City, Hailufeng Company has conducted experimental projects intercropping soybeans with corn, eggplant, sorghum, and wheat. All have shown promising results so far, which greatly expands the potential applications for Immortal Soybeans."

To conclude, the commentator added with a chuckle:

"However, Immortal Soybeans aren’t without their drawbacks. I urge farmers not to plant them privately, because they are highly susceptible to a specific root rot fungus. An infection could lead to a total loss of your crop. You need to purchase the seeds specially produced by Hailufeng Company. The official seeds have a protective coating to prevent root rot, and purchasing them also grants you access to Hailufeng Company’s technical guidance on prevention and treatment."

In the comment section below the video.

[Gan Di’s Massager: I wake up from a nap and the whole world is turned upside down!]

[Akita Inu: No way! This has to be fake news!]

[Zhelimu Big Rat: Just drove out to the Tamin Chagan Desert in Home County. Guess what I saw? Endless fields of soybeans (see attached pic).]

[DailyAgro: The tables have turned in the agricultural sector. International bulk agricultural commodity futures plummeted an hour ago.]

[Hayek’s Hand: @DailyAgro, get on it and post an update. Inside scoop ಥ⌣ಥ, an hour ago, ABCD lost tens of billions of US Dollars on the futures market.]

[Teacher Shi: @Hayek’s Hand, for real? Couldn’t ABCD have hedged by shorting?]

[Hayek’s Hand: @Teacher Shi, the investment bank I’m at just lost over two hundred million US Dollars. Right now, even at these rock-bottom prices for grain futures, there are no takers. Everyone is holding onto their cash and waiting. Unless news breaks that Cyrus won’t be reducing its import volume, who would dare to buy the dip?]

[DailyAgro: @Hayek’s Hand, it probably won’t drop any further. Soybean futures are at about 2,800 yuan per ton, which is already a 33% drop. I’m guessing ABCD will opt to take physical delivery and sell the actual goods. The spot market hasn’t caught the contagion from the futures market yet. Even if it falls later, the spot price won’t be too low. After all, if push comes to shove, ABCD can always use the soybeans as raw material for biodiesel.]

[Dog-Head Arhat: Holy crap! Zoomlion Heavy Industry hit its daily limit right after the afternoon opening! I’ve finally recouped my losses! WAAAAH ಥ⌣ಥ]

[Tilanqiao Chief Economist: @Dog-Head Arhat, it’s not just Zoomlion Heavy Industry. A lot of stocks in the agricultural machinery, engineering, agriculture, and animal feed sectors have hit their daily trading limits.]

[Hu Sheng’s Alt: FUCK! I just got liquidated!]

[Remote Feeder of Electronic Pets: @Hu Sheng’s Alt, how much did you lose? Tell us all so we can have a good laugh! (｡･ω･｡)]

[Please Call Me Queen: Does this affect my 1,800-yuan-a-month salary?]

[WinWinWin: Alright! This time it’s a real win-win-win.]

Meanwhile, in the comments of another creator’s video.

The user "Today’s Topic" posed a question: Can Jiang Miao, the developer of the Immortal Soybeans, win a Nobel Prize?

[Dr. Milk: The Nobel is uncertain, but he’s a 100% lock for an academician spot next year.]

[Da Lei Popular Science: The Nobel really isn’t a sure thing. After all, the committee’s choices have been pretty bizarre in recent years.]