Offenbarung 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, "A quart of wheat for a denarius, und drei Maß Gerste für einen Denar; und nicht das Öl und den Wein beschädigen."
“Read a book on growing vegetables if you don’t know anything about farming or having a garden. Food will be a better commodity than gold, not simply for consumption but for trading. People cannot eat gold.”
-Jim Bakker in "Wohlstand und die kommende Apokalypse"
The United Nations has called on the United States to end production of biofuel ethanol because of the current worldwide food crisis.
Current US law requires that 40% of the nation’s corn must be used to create biofuel. Prices are currently facing significant increases with the USDA estimating the corn yield will be the lowest in 16 Jahre. The shortfall is estimated to cause close to a 40 percent rise in prices per bushel.
The estimated increase in prices if situations remain the same is on top of a 23 percent increase in prices in July.
US officials have stated that the production of biofuel is good for the country as it lowers the need to import fuel.
“It is impacting in a positive way the cost of gasoline,” Agriculture Secretary Tom Vilsack stated. “Some estimates put it at 25 cents to as much as $1.30 less for gas because we have a biofuel industry.”
The UN, jedoch, has allies among the livestock producers in the US. The cost of cattle feed is increasing and putting a strain on family farms.