stjorthotic Chapter 456: Peanuts: I Say That Soybeans Should Be Driven Out Of The Oil Market. Who Is In Favor An
Chapter 456: Peanuts: I Say That Soybeans Should Be Driven Out Of The Oil Market. Who Is In Favor An
On the podium, Yan Changqing couldn't help but raise his eyebrows when he heard Zhu Yuanzhang asking about the oil yield rate of peanuts.
It should be said that it was Zhu Yuanzhang, the Hongwu Emperor, who asked the most critical, core and important point as soon as he opened his mouth.
No matter what type of oil plant it is, the oil production rate is the most important!!!
A high oil yield means high profits!!!
However, the oil yield of peanuts, to be blunt, no matter what kind of animal oil or vegetable oil is currently on the market, there is no one that can beat it!!!
Yan Changqing looked at Zhu Yuanzhang and said in a leisurely tone:
“What’s the oil yield of peanuts?!!”
"One pound of peanuts can squeeze out about three taels of oil!!!"
"In addition, the cost of growing peanuts and soybeans are basically the same."
"The requirements for planting soil and climate are not high. Basically, peanuts can be grown in most places where soybeans can be grown."
"And the peanut oil squeezed from peanuts is also very fragrant. Even if it is not as good as sesame oil, it is at least much more fragrant than soybean oil [and much more delicious!!!"
"The most important thing is that peanuts, like soybeans, can be utilized to the point where not even the "483" straw is left!!!"
“For example, peanut kernels can be used to extract oil, and the peanut residue left after oil extraction can also be used to make peanut cakes. Ordinary peanuts can also be used to sprout peanut sprouts, and the excess residue can also be used to make peanut butter. Peanut straw can also be used to feed cattle!!!”
“Even compared to soybean straw, peanut straw is more suitable for feeding cattle!!!”
"If we want to make an analogy, peanuts can be said to be a super enhanced version of soybeans!!!"
After Yan Changqing finished speaking, Zhu Yuanzhang, Prince Zhu Biao, Zhu Fang, Zhu Gang, Zhu Di and other princes were all stunned.
[One pound of peanuts can squeeze out three ounces of oil?!!]
[Oh my god, isn’t the oil yield of peanuts twice that of soybeans!!!]
[And the cost of growing peanuts and soybeans are basically the same?!!]
[Doesn’t that mean that for the same planting, the income from oil of peanuts is twice that of soybeans!!!]
[Even the soil and climate requirements for peanuts are similar to those for earworms?!!]
[Doesn’t this also mean that wherever soybeans can be grown, peanuts can also be grown!!!]
[What’s even more outrageous is that peanuts, like soybeans, can be used to the point where no straw is left, and peanut straw is more suitable for feeding cattle than soybean straw?! 】
[This grandma’s business is even growing stupid soybeans!!!]
Thinking of this, whether it was Zhu Yuanzhang, Prince Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes, they all unconsciously lowered their heads and stared at the ten small dishes of flowers in front of them.
Benevolence.
At this moment, in the eyes of Zhu Yuanzhang, Prince Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes.
This small plate of peanuts is no longer an ordinary small plate of peanuts, but a golden Grand Dao worth hundreds of millions, or even billions of dollars!!!
And it is a golden Grand Dao that can continuously create hundreds of millions of dollars worth of money, or even billions of dollars worth of money!!!
Originally they thought it would be good if peanuts could have the same oil yield as soybeans. In this case, peanut oil would serve as an important supplement to crude oil.
By then, as much money as soybean oil can earn, peanut oil can also earn as much money.
However, now Yan Changqing tells them that soybean oil is also comparable to peanut oil?!!
Where soybeans can be grown, peanuts can also be grown!
The oil that can be squeezed out of soybeans can be squeezed out from peanuts, and the oil yield is twice that of soybeans!!
Soybean residue can be used to make soybean cakes, soybean paste, and even straw that can be fed to cattle; peanut residue can also be used to make peanut cakes, peanut butter, and even peanut straw is even better than soybean straw. Suitable for feeding cattle!!!
What is comprehensive coverage?
This is called full coverage!!!
Relying on this advantage of being better than soybeans in everything, if peanut cultivation is really fully promoted, then peanuts will directly kill soybeans, at least in the oil market!!!
By then, soybeans may be completely driven out of the oil market by peanuts, and soybean oil may even become a piece of history in the oil industry!!!
Because if there is really no bottom line between soybean oil and peanut oil, then soybean oil will definitely not be able to compete with peanut oil.
Let alone anything else, let’s just talk about the most critical, important and core oil yield. Peanut oil is twice as high as soybean oil!!!
What does this mean?!!
This means that if peanut oil and soybean oil enter into a price war regardless of the bottom line.
Then the selling price of peanut oil can be reduced to half of the selling price of soybean oil, and still make profits that are not inferior to soybean oil!!!
As long as the price of peanut oil is reduced to half of that of soybean oil, soybean oil will basically be unsaleable.
Because the market user group faced by soybean oil is the common people, or to put it more harshly, the poor.
They are both oils. Peanut oil is much more fragrant than soybean oil, and its price is half that of soybean oil. Ordinary poor people vote with their feet and choose to buy peanut oil.
Without ordinary poor people as the largest buying group, it is even more impossible for soybean oil to be resold to the wealthy groups of civil servants and generals, noble marquises, subordinate officials, gentry, wealthy households, and landlords.
Because civil servants and military generals, noble marquises, subordinates, gentry, wealthy households, landlords and other groups of people, they originally did not eat soybean oil, but only the best sesame oil such as sesame oil.
In the end, the upper class civil servants and generals, noble marquises, subordinate officials, gentry, wealthy households, and landlords looked down on soybean oil, while the ordinary poor people at the bottom were unwilling to buy soybean oil.
So in the end, soybean oil has basically no other choice except to be launched into the oil market sadly!!!
And in fact, the oil yield of peanuts is not just 30%, or to be more precise, the oil yield of peanuts is actually 40 to 50%.
In other words, one pound of peanuts can actually squeeze out four to five taels of peanut oil.
However, the oil yield of peanuts is also related to the humidity, variety, and oil extraction method of peanuts. Yan Changqing considered that the peanuts in the Hongwu period of the Ming Dynasty are not as good as those in later generations in terms of humidity, variety, and oil extraction methods... …
That's why Yan Changqing conservatively said that one pound of peanuts can squeeze out three ounces of oil, instead of saying that one pound of peanuts can squeeze out four to five ounces of oil.
On the podium, the Minister suddenly thought of something.
That is the conversion ratio between the Jin and Liang in the Hongwu period of the Ming Dynasty and the Jin and Liang in later generations. The two are different.
One pound in future generations is equal to ten taels!
During the Hongwu period of the Ming Dynasty, one kilogram was equivalent to sixteen taels!
This is also the origin of the saying "half a catty and eight taels", because in ancient times, half a catty was equal to eight taels.
When he said that one pound of peanuts can squeeze out about three ounces of oil, he habitually used the decimal unit weight conversion of Xishi.
So the one pound of peanuts he just mentioned can probably squeeze out three ounces of oil. This oil yield is actually wrong.
Although he wanted to be modest and conservative and not over-exaggerate the oil yield of peanuts, if one pound is equal to sixteen taels during the Hongwu period of the Ming Dynasty to understand the oil yield of peanuts he just mentioned, then the oil yield of peanuts would be It’s too rash!!!
Thinking of this, Yan Changqing immediately added:
"The three taels I just said mean that one catty is equal to thirty taels out of ten taels, not that one catty is equal to thirty taels out of sixteen taels!!!"
"If we use the conversion of one pound equal to sixteen taels, then one pound of peanuts can probably squeeze out four to three taels of peanut oil!!!"
Hearing Yan Changqing's addition, Zhu Yuanzhang, Prince Zhu Biao, Zhu Di, Zhu Fan, Zhu Di and other princes looked at Yan Changqing, their eyes widened, their mouths opened wide, their throats moved slightly, and they swallowed. Drooling, faintly wanting to say something.
But for a while, nothing could be said.
[Not three taels, but four or five taels?!!]
[One pound of peanuts can squeeze out about four to five taels of peanut oil?!!]
[The oil yield of peanuts is three to four times that of soybeans?!!!]
[Damn it, is there really an oil crop with such an outrageous oil yield? 5.1!!]
[It’s over, it’s over, it’s over, soybean oil is completely over!!!]
【Soybean oil may become history in the future!!!】
【Sure enough, peanuts are the most profitable way!!!】
[The oil yield rate of 30% can be used until there is no straw left. Mr. Yan said that peanuts may bring tens of billions of profits, maybe it is true!!!]
At this moment, Zhu Yuanzhang, as well as the princes Zhu Biao, Zhu Xi, Zhu Fan, Zhu Di and other princes realized that Yan Changqing might not be joking just now.
Considering the importance of oil to the 60 million people of the Ming Dynasty, coupled with the consumability of oil.
If accumulated over a long period of time, the profits earned from selling peanut oil alone may create tens of billions of profits!!!
PS1: I went out to party with my friends during the Mid-Autumn Festival yesterday, so I didn’t have time to update. Sorry! It’s a hot series, and we urgently need all the handsome guys, beauties, and big guys to order and customize it! I wish all the big guys who make full orders and customize it to get rich and healthy overnight. Good health, all the best, and good luck! Thank you all! I kneel down to you guys!