Chapter 194 Food Price Reduction
Chapter 194 Food Price Reduction
The next morning, sunlight shone through the window into the room, illuminating the entire house. "The news about the young lady has spread. Today, several grain stores have begun to raise grain prices, and now several banks are crowded with people!" A servant hurriedly ran to report to Zhao Junning.
Zhao Junning blew gently on the hot tea in her hand, then took a sip slowly, then stood up and asked, "Fuling, are my clothes ready for going out?"
Fuling nodded quickly and replied, "Madam, your clothes are ready."
Zhao Junning took the clothes and went into the inner room to change. When she came out, she looked brand new. She was wearing a well-cut men's robe and her hair was tied up high, which made her look particularly energetic and handsome.
"Let's go and sell the grain." Zhao Junning stepped forward, his voice firm and decisive.
"By the way, I heard there is a small grain shop on the bank of the Yellow River. Their grain costs only six taels per stone!" someone suddenly shouted.
"What? It's so cheap? Take me there to buy it!" The people around echoed one after another, and couldn't wait to go to the small grocery store.
However, when the bosses who had just borrowed money to buy grain heard the news, they looked at each other and complained in their hearts.
When Zhao Junning and his party arrived at the bank of the Yellow River, they saw bags of grain neatly laid out, with the price clearly marked on the side - six taels per stone. At the same time, Mo Yu also spread the news of the price reduction of grain in Yangzhou, claiming that the most expensive one was only fifteen taels per stone, and the cheapest one was even only five taels per stone.
This series of actions threw the market into chaos. People flocked to grain shops where prices were lower, and the originally bustling streets became even more crowded.
In Cangzhou City, people were rushing to the temporary grain stall set up by Zhao Junning to buy grain. Seeing that no one was interested in their own store, the grain shop owners were anxious - the price of these grains was so high, if they couldn't sell them, they could only watch them rot and deteriorate! So, they hurriedly began to lower the price.
As time went by, the price of grain continued to fall, and finally stabilized at five taels of silver per stone. At this time, Zhao Junning calmly said to the maid Fuling beside her: "Go spread the news that we only sell three taels of silver per stone."
Not long after, the price of grain in the market plummeted again, quickly falling to 900 coins per stone. At this time, a waiter hurriedly ran to report to Zhao Junning: "Madam, the price of grain in Cangzhou has now fallen to 900 coins per stone."
Zhao Junning smiled slightly, flicked the abacus beads with his fingers, and then asked: "Have we sold all the grain we bought?"
Fuling shook her head and replied, "Not yet."
Zhao Junning pondered for a moment and decisively ordered: "Then lower the price to 700 coins per stone."
The next day, the price of grain in major grain stores dropped to 500 coins per stone. "Madam, will the price of grain in Cangzhou go up again in a while?" Fuling asked.
Zhao Junning said, "After all this back and forth, the merchants have to bleed a lot, so naturally they dare not raise prices suddenly again. After all, these merchants have borrowed so much money from the bank this time, and they have accumulated so much grain and owed so much money. They should remember this lesson. After all, as a businessman, you should know where to take each step."
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