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Posts Tagged ‘rising food prices’

Food prices are going to be hit with a double whammy soon, the combination of shortages due the the extreme weather and inflation due to our government devaluing our dollar.

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Sugar soars to 30-year high as supply fears grow

The price of sugar has jumped to a 30-year high as the Brazilian harvest has tailed off sharply, hardening expectations of a shortage.

Traders believe that prices could soar over the coming months as the market faces a supply shortfall driven by smaller-than-forecast crops in important growing countries from Brazil to Russia and western Europe.

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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…

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Frank DiMora’s Blog – 10-08-10

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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.

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More concern and fear on food shortages and rising prices.  The impacts of devastated Russian crops will be felt world-wide.

Revelation 6:6 (NIV) – “Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”

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Russian crop misery spreads to world’s supermarkets

The hulking green combine tractor clatters across a wheat field at the sprawling Maslovka farm, a typical autumn scene in Russia’s agricultural heartland.

This year however, the machine is not harvesting wheat but ploughing dead crops back into the cracked, sun-scorched earth, a symbol of a land hit by an unprecedented summer drought and savage forest fires.

“These are scary times,” says Karpa Osipova, 84, who lives on Lenin Street, a few blocks from the Maslovka farm.

“The prices of crops are slowly rising, and my pension isn’t big enough,” says Osipova. “I don’t even know how I am going to be able to afford bread.”

The situation on Maslovka farm will affect not just whether Osipova gets her daily loaf of bread, but may also have a far-reaching impact on global bread supplies and food prices.

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