Floods = Higher Food Costs


Flooding in Iowa Affected More Than Urban Housing

COGwriter

The Iowa flooding is expected to raise food prices as the following article shows:

US floods hit food prices

Financial Times – June 17, 2008

Consumers were warned to expect even sharper increases in global food prices after US officials said that some of the country’s best farmland was facing its worst flooding for 15 years.

Agriculture officials and traders said the damage could push up worldwide corn and soyabean prices, which have spiralled in recent days as floods have swamped crops in parts of Iowa, the US’s biggest corn-producing state.

The warning comes at a time when high food prices are already sparking protests across the developing world.

Corn futures in Chicago this week rose to record highs of more than $8 a bushel on fears that up to 5m acres of the crop could be lost, while soyabean prices hit a record of $15.93 a bushel.

Tom Jennings, acting director of the Illinois Department of Agriculture, said: “The price of corn and the price of beans could rise more. If we lose a lot of corn the prices will continue to go up.”

The increase in the cost of corn and soyabeans – the two main feed crops for farm animals such as cows and chickens – increased the price of live cattle yesterday for the second day in a row, to the highest level in 22 years.

Mr Jennings said that the impact of the heavy rains was “dramatic”…

Agriculture traders …added that expensive nitrogen fertiliser – critical for the plants’ development – has now been washed out from the fields by the rains. For that reason, some farmers are likely to leave their land fallow and, instead, cash in their crop insurance policies, further reducing supply.

http://www.ft.com/cms/s/0/2a0e8188-3c98-11dd-b958-0000779fd2ac.html?nclick_check=1

If the above was not bad enough, notice what AOL reported this morning:

Second River Levee Breaks in Illinois

By MARIA SUDEKUM FISHER,
AP
Posted: 2008-06-18 08:25:29
GULFPORT, Ill. (June 18) — Floodwaters breached another levee in Illinois on Wednesday and threatened more Mississippi River towns in Missouri after inundating much of Iowa for the past week.
The breach in Meyer, in western Illinois, forced the evacuation of the town of 40 to 50 people and threatened its farmland, Adams County Emergency Management Agency spokeswoman Julie Shepard said….
Later in the week, the Mississippi is expected to threaten a host of others communities, leading officials to consider evacuation plans and begin sandbagging.

While in the short run, we in the USA will mainly be annoyed by higher food prices, these prices can lead to real hunger and death in poorer countries. In the USA itself, they will probably lead to higher inflation and will shift consumer spending away from items such as cars and into needed items like food. This will then most likely hurt US manufacturing and related industries (as well as impacting foreign nations that sell their manufactured goods in the USA).

As mentioned before, there have already been concerns about rice (see Rice and the Beginning of Sorrows) and wheat (see Food Riots: A Sign of the “Beginning of Sorrows”?) around the world, adding corn and soy beans to that list suggests problems with the supplies of the four major grains in the world.

Things are already bad in Myanmar, because of the cyclone there. And once international attention leaves that country, its citizens will also somehow have to compete to buy more expensive foods. This flood, thus, may impact poorer countries in Asia and elsewhere more than the USA–this time.

But, unless massive repentance occurs soon, the time is coming where the USA itself will suffer much death through starvation. And while I do not believe it will be this year, I do not believe it is too many years from now.

Last night on HNN, Glenn Beck (a Mormon) advised Americans to stock up on food. While this may help individuals, at this time that would also drive up prices. How high remains to be seen.

Notice the the Bible is clear that high food prices are prophesied to hit the world:

5 When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. 6 And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” (Revelation 6:5-6).

Translated into current terms, the above indicates that many of those affected will work all day for a little less food than they need (and a lot less than Americans now consume), allowing for no other use of their money (like shelter, clothing, transportation).

This time will most likely be here within the next decade.

LCG has long had a booklet of possibly related interest titled “Who Controls the Weather? ” that is available for those interested in more on the weather and Bible prophecy.

Three articles of related interest may include:

Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples ofthe United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans and the Hindu Indians (who were not even on the same continent). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end? When is the Great Tribulation?



Get news like the above sent to you on a daily basis

Your email will not be shared. You may unsubscribe at anytime.