Chapter 537: Chapter 110: Feudal Remnants are Very Powerful

The changes in the grain futures market directly affected the price of grains, as capitalists unanimously raised prices.

This price increase was limited to transaction prices; the purchase price of grains remained largely unchanged. It takes time for the influence to move from the downstream market to the upstream market.

Raising the transaction prices of grain was essentially about making a fortune. Since last year, the long-term slump in grain prices had severely affected everyone's interests.

An improvement in grain prices did not have substantial significance; the issue of excess production capacity had not been fundamentally resolved. It was merely that capitalists wanted to take the opportunity to make a quick profit to offset their losses during the agricultural crisis.

Franz did not feel optimistic. If the ones managing the market were grain capitalists, then maintaining high and stable grain prices was most in line with their interests for their own gain.