There are several articles on food price increases this week. Have you seen the same? Compare your grocery bills from the same time last year…
_________________________________________________________________
Frank DiMora’s Blog – 10-08-10
Prophecy Sign: Revelation 6:6 “And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and [see] thou hurt not the oil and the wine.” Please go back and read my warnings about the price of food climbing to skyrocketing prices. These prices are going up again and will continue to climb the closer we get to the seven year tribulation. Do you think it is a coincidence that wheat prices are going out of sight? This is what we see happening from Jesus’ warning.
I quote, “Grain and oilseed prices rose the most allowed by the Chicago Board of Trade after the U.S. government said supplies will be smaller than forecast last month, increasing the cost of producing food and fuel.
The U.S. Department of Agriculture cut its domestic corn- crop estimate for the second time in as many months, predicting a 3.4 percent drop from last year. While farmers will collect the most soybeans ever, the total will be 2.2 percent less than forecast in September, the USDA said. Global wheat inventories will be 1.8 percent less than projected last month.
Corn prices are near the highest level in two years, after surging 41 percent since June, as unfavorable weather hurt crops in the U.S., the world’s largest grower and exporter. The jump in feed costs today sent shares of Tyson Foods Inc., the largest U.S. chicken processor, to its biggest drop since July 2009 and revived concern that food inflation will accelerate.
“People have not come to grips with the rising cost of producing food,” said Michael Swanson, a senior agricultural economist at Minneapolis-based Wells Fargo & Co., the largest U.S. farm lender. “Feed costs are going to balloon” for livestock, dairy and poultry producers, he said.”
May the Holy Spirit enter into your soul and take the blinders off your eyes and heart that have keep you from your savior. May the Holy Spirit keep you from the death that Satan is trying to keep you under. The only way to life is by Christ Jesus.
_________________________________________________________________
Click on the article title for a link to full original referenced article.
myBlessedHope 