Chapter 1154 Market Explosion

Faced with this situation that seemed like a pie in the sky, Casore was not completely without struggle and vigilance.

He also considered whether the other party might be trying to play the long game and hook the big fish, and try to trick something out of him or Dassault.

But no way.

Others gave too much.

Before Casore could raise his concerns, Liang Shaoxiu had already put forward a complete and extremely low-risk funding plan.

Simply put, the entire project is divided into three phases to be completed, and the risk of each step is controlled to the lowest level.

For example, in the first stage, only pure theoretical research on optimization iteration problems is carried out, which does not involve any engineering part.

The three words "pure theory" mean low investment in most cases.

This time is no exception.

Two years, 10 Euros.

Or both parties should invest together.

One family only offered 5 euros.

This offer made Casore not know how to worry at all.

Not to mention Dassault Group.

Even he himself, as a company manager, would not blink an eye when paying 5 euros.

Even if it turns out that everything went to waste, there is almost no risk.

As long as you can achieve some results, you will make a lot of money.

As for the second phase, the investment is indeed much larger, but it will only be launched after seeing the results of the first phase and both parties have recognized it, so there seems to be no risk of being cheated.

It can be said that sincerity is full.

In short, even if Casore wanted to refuse, he didn't know how to start the conversation.

It was only out of the obsession that "even as a Frenchman, I cannot surrender so quickly" that I reluctantly asked the last question:

"So... have you already selected the researchers responsible for this work?"

In his opinion, those who would take on such a task for a mere 10 euros are most likely young scholars suffering from insufficient funding.

Based on the principle of reciprocity, we also have to find corresponding technical personnel from French universities.

But these people are generally lacking in experience, and their abilities are close to opening blind boxes.

If possible, Casore even wanted to take the initiative to propose additional investment to expand the options.

"Yes."

Liang Shaoxiu showed a playful smile on his face:

"Professor Chang Haonan of Beijing University of Aeronautics and Astronautics has said that if you can find an equal partner, he is very willing to take over this research..."

During the entire process from M88-2 to SeA650, and then to Falcon 8Z and "Gaoming" projects, Chang Haonan almost never showed up directly.

Liu Yongquan, Liang Shaoxiu and others have always been in charge of the coordination, while he controls the whole thing from behind the scenes.

So for Casore, this was not someone he knew.

But this name sounds a little familiar.

"often……"

He even froze for a moment.

But he quickly responded:

"and many more……"

Cassore raised his head suddenly:

"You're not talking about that... Fields Medal from last year..."

"Yes, that's him."

Liang Shaoxiu nodded, and at the same time made a tactical retreat:

"Don't worry, although Professor Chang holds a position in the company, he has no relationship with our group, so there is no suspicion of transferring benefits to him..."

This statement is half true and half false.

Chang Haonan is indeed not listed in the current Aviation Industry Corporation of China.

But to say “it has nothing to do with you” is a bit far-fetched.

Looking at Liang Shaoxiu who looked so carefree, Kasolei just wanted to curse him.

Yes, no benefits were transferred to Professor Chang.

10 euros to invite a big shot from the Philippine Awards to endorse you.

It's obvious that they are giving you benefits!

Of course, all regulations related to funding only involve the upper limit, and there is no statement that scientific researchers cannot ask for ultra-low funding.

So that's not the point.

The point is...

Now that you have invited a Fields Medal winner, you feel great.

But where can I find a big shot at the level of the Philippines Scholarship who is willing to take on a project with a funding of 10 yuan?

Fortunately, Liang Shaoxiu took the initiative to speak up and help out:

"Professor Chang said that he doesn't look at titles but only at ability...so it doesn't have to be another winner of the Fields Medal. As long as they have a certain reputation and prestige in the industry, he is willing to cooperate."

Cassore finally breathed a sigh of relief.

If this is the case, then money is not important.

Chang Haonan's name alone is attractive enough for many people.

Even as he was speaking, several names came to his mind.

Anyway, France really has no shortage of potential mathematicians...

……

In fact, Chang Haonan’s main purpose in doing this was to borrow a name.

As for the most critical improvement of the Levenberg-Marquardt method itself, he did not even use the system, but completed it quickly by himself.

If you are not planning to expand the main content of the paper with the help of the work of your collaborators, you can even publish it directly.

And during the time when he was immersed in theoretical research, the outside world was already in an uproar because of the statement from the US Department of Agriculture.

In fact, the reduction in production in the Midwestern agricultural states of the United States is not really news.

Since the land in many South American countries has long been bought up by American companies, the international soybean price is not particularly dependent on the production of those states.

Therefore, what is initially reflected in the futures market is price fluctuations within a normal range.

What’s really terrible is that after the news of the expected production reduction came out, several major agricultural companies quickly responded, saying that this round of climate disasters would not only affect the United States, but would likely lead to a reduction in agricultural production throughout the Americas.

At the same time, due to the expected reduction in production, they will reduce the inventory size in the next 3-5 years to the lowest point in half a century.

From a geographical perspective, the grain traders' estimates and concerns are not unreasonable because the American continent lacks tall east-west mountains.

At least no one dares to deny this possibility.

And this finally triggered a violent reaction in the global market.

You know, under normal circumstances, soybeans from the central United States are put on the market in September every year.

And in the first seven months of this year, everything seemed to be normal.

Therefore, when the news of production cuts suddenly came out in August, the downstream industries had no time and no possibility to find other alternative suppliers.

As a result, the prices in the futures market finally broke through the rational range and began to soar.

In addition, the financial giants on Wall Street heard the news and frantically built up positions and speculated, adding fuel to the flames. As a result, in just about 20 days, the soybean futures price rose from the original US$367/ton to a staggering US$650/ton, with no room for easing the rise.

Under such circumstances, domestic downstream companies have made preparations to go overseas to buy soybeans in order to ensure sufficient raw materials to maintain operations.

Of course, there are also people with discerning eyes who have seen the anomaly behind this round of price surge.

Logically speaking, international grain traders have been active in the grain market for many years and have no lack of experience and ability to deal with natural disasters.

Even if it was not intentional this time, it was definitely intended to add fuel to the fire.

If domestic companies are really allowed to go overseas and purchase large quantities of futures at high prices, they are likely to suffer huge losses at some point in the future.

However, amid the general panic in the entire industry, the voice of reason seems so weak that it is completely unable to save the situation...

"Team Leader Zhao, we have issued five consecutive suggestions and warnings, but the feedback from below... is not optimistic."

In an office at the Huaxia Academy of Agricultural Sciences, a staff member responded helplessly to Zhao Guangsheng, the head of the expert advisory group of the Ministry of Agriculture:

"Except for a few state-owned enterprises that agreed to postpone, only about 1000 to companies gave positive responses, and the rest did not stop preparing for purchases. Several leading companies were even preparing to go abroad in groups, hoping to use their scale advantages to purchase more than million tons of futures at one time in order to obtain priority supply rights from ADM and Cargill..."

As a senior consultant in the agricultural field, Zhao Guangsheng had been mentally prepared for this.

So at first, he didn't actually react much.

However, when Zhao Guangsheng heard the last two sentences, he slammed the table in anger:

"That's ridiculous!"

The assistant on the opposite side was so scared that he trembled.

"It's fine to buy at a high price, but instead of using the market size to lower the price, they teamed up with foreign grain traders to engage in internal strife..."

Zhao Guangsheng's roar almost echoed throughout the entire corridor.

However, it was just impotent rage—

Compared with staple food which is firmly controlled by the state, cash crops such as soybeans are indeed in a situation of almost completely free development.

Even the Ministry of Agriculture can only issue reminders and suggestions, but cannot really force these companies to do or not do anything.

After venting his anger, Zhao Guangsheng sat back in his chair helplessly and took a deep breath:

"Please help me draft a proposal and ask Sinograin to immediately release a portion of its reserves for market hedging, at least to temporarily stabilize these companies and prevent them from rushing out to buy goods..."