Download The Last Chronicles of Planet Earth July 11, 2010 Edition by Frank DiMora
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http://www.theedgeam.com/perspectives/last_chronicles/index.htm
Prophecy Sign: “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!"
Russian Prime Minister Vladimir Putin walks through a wheat field in Vyselk…
Wheat awaits a harvester at the Kubankhleb farm in Tikhoretask in Russia’s s…Russia,
one of the world’s top wheat exporters, will impose a temporary ban on grain exports until December 31 due to a record drought, Prime Minister Vladimir Putin announced on Thursday.
"In connection with the unusually high temperatures and the drought, I consider it right to impose a temporary ban on the export from Russia of grain and other products produced from grain," Putin told a government meeting.
Russia, currently the world’s number three wheat exporter, earlier this week slashed its grain harvest forecast to 70-75 million tonnes owing to the worst drought for decades.
Last year, Russia exported 21.4 million tonnes of grain and observers had already warned this risks being sharply lower this year owing to the drought.
The prime minister’s spokesman Dmitry Peskov said that the embargo would come into force from August 15 and would remain in place until December 31, the Interfax news agency reported.
"We must not allow an increase in domestic prices and must preserve the headcount of our cattle," said Putin in comments broadcast on state television. Putin said that grain from the government’s intervention fund would be handed out to the regions most in need without any auction.
“Concerns about Russia — coupled with a drought that has also hit Ukraine and Kazakhstan as well as a low harvest in Canada — have already led to a spike in global wheat prices to two year highs.”
http://www.breitbart.com/article.php?id=CNG.1fdd62d1d5fae296fbd87d17e1df4c8e.711&show_article=1
If you doubt Jesus words and His warnings you may want to read a section from this next report entitled: “Commodity prices soar as spectre of food inflation is back”
“Speculation and rumour could be the driving force behind sudden market rise in food prices” “The price of wheat, oil and copper soared this week but the picture looks much less clear this time. Old-fashioned supply and demand is still at work, but there are fears that wild rumours and speculation are driving up prices. Wheat prices, which are up 40% over the last month, reached a two-year high as concerns about a drought in Russia and rotting stocks of grain in India exercised markets in London and Chicago. Claims that a major crop failure in Australia, following an invasion of locusts and a wet summer in Canada, could lead to a worldwide shortage, have pushed up prices in recent weeks to levels not seen since 2008. The rise in futures contract prices traded on the major markets also follows a United Nations report in June that warned food prices could rise as much as 40% over the coming decade, amid growing demand from emerging markets and for biofuel production”
http://www.guardian.co.uk/business/2010/aug/06/commodity-prices-food-inflation
Here is more proof about the rising food costs in a report entitled: “A Global Need for Grain That Farms Can’t Fill”. I quote. “LAWTON, N.D. — Whatever Dennis Miller decides to plant this year on his 2,760-acre farm, the world needs. Wheat prices have doubled i
n the last six months. Corn is on a tear. Barley, sunflower seeds, canola and soybeans are all up sharply. “For once, there’s great reason to be optimistic,” Mr. Miller said. But the prices that have renewed Mr. Miller’s faith in farming are causing pain far and wide. A tailor in Lagos, Nigeria, named Abel Ojuku said recently that he had been forced to cut back on the bread he and his family love. “If you wanted to buy three loaves, now you buy one,” Mr. Ojuku said.
http://www.nytimes.com/2008/03/09/business/worldbusiness/09crop.html
Do you remember what Pastor Williams warned about food prices. If you missed it you should watch this video.