Thursday, November 18, 2010
Revelation Prophecy Type and Shadow: UN predicts food shortages
The United Nation's Food and Agriculture Organization is reporting that global food imports will top a trillion dollars in 2010 and because of what the FAO says are "unexpected downward revisions to crop forecasts in several major producing countries, world prices have risen alarmingly and at a much faster pace than in 2007/08" when another food shortage occurred. In all areas of food production, FAO predicts price increases. For examples, world cereal production in 2010 stands at 2.22 billion metric tons, while cereal utilization is forecast at 2.25 billion metric tons. This means that demand is outstripping production. When supply is less than demand, prices rise.
Normally, when prices rise for food commodities, farmers produce more crops, which will bring the prices down. But land availability, weather, fuel costs, cost of fertilizer and other factors play a role in how much a farmer can increase his crop size. With oil prices skyrocketing on the international market, fuel costs for farmers is going to be a large factor in next year's crop size, and eventually the price of foodstuffs. The economic outlook on the horizon for the price of food is grim. The United States is the largest exporter of grains, such as wheat. And farm exports are a large part of America's trade balance. Globalization will ultimately force food prices higher in America.
Given the economic conditions of the nations around the world--that they are all in great debt to one another--it is no long shot analysis that weather related crop reductions combined with hyperinflation could very well bring food prices to the level that we see prophesied in Revelation 6:6, "A measure of wheat for a penny, and three measures of barley for a penny." In this scenario, the price of wheat, for example, would be approximately $2.20 a measure. A bushel of wheat would cost over $70. A loaf of bread, by many estimates would cost about $20, but that is estimated in a day's wages from Biblical times. That being the case, a loaf of bread may cost about $60 in today's minimum wage.
Many have written and asked me what to do in preparation for this. Be wise. Use your resources. If you have any land, begin to prepare it and learn how to grow foodstuffs. If you have any money, find ways to transfer it from paper to precious metals. But most of all, I have learned over the past seven years, to have faith in the Lord. Jesus says in Matthew 6:33, 34 ,"But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you. Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof." You cannot store enough food or money for what is ahead. Do what you are able, but trust in God in all things.
Have a Blessed and Powerful Day!
Word of Life Ministr