"The spectre of inflation loomed over agricultural markets after the US slashed key crop forecasts and warned of shortfalls in grains.
The agriculture department on Tuesday cut estimates of US corn yields for a third successive month, forecast record soyabean exports to China and warned of the slimmest cotton stocks since 1925.
“The combined production shortfalls and dramatic potential stock drawdowns mean a much tighter supply picture than just a few months ago,” the agency said in a separate grains report."
Financial Times
Hard, hungry times are coming. Combine this with the run up in commodity prices due to the intentional devaluation of the dollar and the increased demand from Asia and get ready for empty food shelves at your local stores.
Stock up on canned goods, rice and beans while you can. And don't forget to get your gardens ready for next year. Save seeds and buy them when you can. Learn how to preserve food, too. Go to Amazon.com; there's plenty of books available to teach you how.
And don't forget to pray!
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