Chapter 91, Detonation Crisis

After the close of the Austrian Agricultural Economics Conference, the Vienna Government announced to the world: before the harvest of the new grain, they would replace part of the strategic grain reserve.

This was almost an annual occurrence, except usually they would buy when the international grain prices were low and sell when the prices soared.

This time was clearly an exception, and even though it was not known how much grain the Vienna Government was prepared to sell off, it still triggered severe turmoil in the international grain market.

Compared to the beginning of the year, international market grain prices had already fallen by nine percent, and now, affected by the sell-off from the Vienna Government, the prices of grain plummeted another four points.

Capitalists with shaky funds couldn't hold on any longer; the England and Russia trade caused them heavy losses, and Austria has now added another blow.