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(The Economic Collapse Blog)—Will we soon see a major prophecy in the Book of Revelation be fulfilled? Global food prices have been skyrocketing and hunger has been spreading like wildfire all over the world. We desperately need 2024 to be a year of good harvests, but unfortunately weather patterns are not cooperating at all and bad news about harvest forecasts just continues to pour in from many of the planet’s most important agricultural regions. Global food supplies just keep getting tighter and tighter, and the agricultural price spikes that we are witnessing right now are definitely quite ominous. Could it be possible that the stage is now being set for the global food crisis prophecy of Revelation 6:6? In that verse, we are warned of a time when food prices will soar to absolutely frightening levels…
Then I heard a voice in the midst of 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 harm the oil and the wine.”
We certainly haven’t reached that point yet.
But are we on the way there?
In this article, I would like to share what has been going on with a number of our most important agricultural commodities recently.
For example, poor harvests in Brazil have caused the price of orange juice to approximately double over the past 12 months…
Prices of the breakfast staple have been climbing rapidly in recent years, partly driven by declining output in Florida — the main producer of orange juice in the U.S. — and climate-fueled extreme weather in the main orange producing areas of Brazil.
The South American agricultural powerhouse is the world’s largest producer and exporter of orange juice, which means it plays a hugely influential role in shaping the global industry.
The benchmark frozen concentrated orange juice futures, traded on the Intercontinental Exchange in New York, closed at $4.77 per pound on Wednesday. That’s nearly double the price registered a year ago.
Prices have gone so “bananas” that some orange juice producers are actually “considering turning to alternative fruits”…
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Orange juice makers are considering turning to alternative fruits such as mandarins as wholesale prices have “gone bananas” amid fears of poor harvests in Brazil.
Prices of orange juice concentrate reached a new high of $4.95 (£3.88) a lb on futures markets this week after growers in the main orange producing areas of Brazil said they were expecting the harvest to be 24% down on last year at 232m 40.8kg boxes – worse than the 15% fall previously predicted.
The price of coffee is also going haywire.
So if you love coffee, I would stock up now while you still can.
Thanks to extremely dry conditions in Brazil and Vietnam, coffee prices were up “sharply” this week…
Coffee prices Tuesday rallied sharply, with arabica jumping to a 1-month high. Coffee prices soared Tuesday on concern that excessive dryness in Brazil and Vietnam will damage coffee crops and curb global production. Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received 5.3 mm of rain or 69% of the historical average in the past week. Minas Gerais accounts for about 30% of Brazil’s arabica crop.
Last Wednesday, coffee trader Volcafe said Vietnam’s 2024/25 robusta coffee crop may only be 24 million bags, the lowest in 13 years, as poor rainfall in Vietnam has caused “irreversible damage” to coffee blossoms. Volcafe also projects a global robusta deficit of 4.6 million bags in 2024/25, a smaller deficit than the 9-million-bag deficit seen in 2023/24 but the fourth consecutive year of robusta bean deficits.
Wheat is specifically mentioned in Revelation 6:6, and Bloomberg is reporting that a confluence of factors has pushed the price of wheat to the highest level in 10 months…
Wheat briefly touched the highest in 10 months, as cold and dry weather in major producers and the ongoing war in Ukraine deepen supply concerns.
Futures climbed as much as 3.3% in Chicago, before paring some of the gain. Analysts have been cutting production estimates for top exporter Russia in recent weeks, while Ukraine is headed for its driest May on record. Historically low rainfall in Western Australia is also adding to nervousness.
Unfortunately, this is just the beginning.
I am entirely convinced that the price of wheat will soon go far higher than it is right now.
So if you think that the price of bread is high now, just wait until you see what is coming next.
Meanwhile, the price of beef just surged to another brand new all-time record high…
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Beef prices skyrocketed to a new record high this Memorial Day weekend as industry experts warn costs could continue to rise even higher if current regulatory and economic conditions remain unchanged.
Recently released data shows that “all fresh beef retail value,” a composite value based on choice beef, other beef, and hamburger retail prices, shot up to $794.90 in April, according to the Economic Research Council, the highest price on record.
The size of the U.S. cattle herd is the smallest that it has been in decades, and one rancher named Shad Sullivan recently warned that beef will soon be a luxury that only the wealthy will be able to afford on a regular basis…
“We are seeing prices at an all-time high, and it is getting close to that point when the consumer is going to say, I can’t do this anymore; it’s just too costly,” said Mr. Sullivan.
“They (officials and regulators) are trying to push these high prices as a new norm where meat is only a treat for the wealthy. That is where they are pushing us, and that is where we are going.”
You may be thinking that if beef gets too expensive you will just eat more chicken and turkey.
Sadly, chicken and turkey prices are poised to go a lot higher thanks to H5N1.
A fresh wave of the bird flu is sweeping across the nation, and Iowa Republican Governor Kim Reynolds just declared a state of emergency in one county in her state due to an outbreak there…
Iowa Republican Governor Kim Reynolds signed a disaster proclamation on Tuesday for one of her state’s counties as public health officials prepare to euthanize more than 4 million chickens exposed to a highly contagious bird flu.
The order comes after a case of avian influenza was confirmed among a large flock of egg-laying chickens in Sioux County on Tuesday by state and local agriculture officials, according to a report from CBS News.
As a result, the animals will be destroyed and their remains will be isolated in an attempt to prevent the further spread of the contagion.
In total, some 4.2 million chickens will be put down.
Just think about that last sentence for a moment.
What do you think that losing 4.2 million chickens will do to egg prices?
Everywhere you look, there are signs of trouble. Unfortunately, this is all happening at a time when foreigners have more control over our food supply than ever before.
Foreigners now control more than 43 million acres of U.S. farmland, and this should deeply alarm all of us…
A recent map has revealed the alarming trend of the Chinese Communist Party (CCP) acquiring vast swaths of American farmland, raising serious national security concerns.
Foreign ownership of U.S. agricultural land expanded to approximately 43.4 million acres in 2022, according to data from the U.S. Department of Agriculture (USDA).
According to the USDA, Chinese investors’ ownership of U.S. agricultural land has skyrocketed from merely 13,720 acres in 2010 to an astounding 346,915 acres by 2022 out of the 43 million acres.
Chinese entities hold ownership of farmland across 29 of the 50 U.S. states.
I have been warning for many years that global food supplies would get tighter and tighter.
Now it is happening right in front of our eyes, and hundreds of millions of people are going to bed hungry every single night.
I wish that I could tell you that things will soon get better, but I can’t.
We really are living in the end times, and the things that are written in the Book of Revelation really will take place.
Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
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For different reasons, I also think this will be a year of ‘hunger’. Hunger meaning, putting more resources in than getting out. There’s one on YouTube by the name of Rachel Baxter, she got revealed to her that in a certain year hunger would arrive at January 16th. There’s circumstantial evidence that at least in my life this got true on that date. So, therefore I think your message may have some merit. (as said, hunger meaning, putting more effort in than getting out)