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(April 18, 2008)  The last couple of months global food prices and shortages have been in the news. The price of the world’s food staple, rice, is soaring to all-time highs. (Jump in rice price fuels fears of unrest) Rising prices affect over 2.5 billion people in Asia alone. Egypt and India are protecting their own supplies of the grain.

The Financial Times reports that record levels of oil and rice prices could lead to widespread social unrest. (Oil and rice race to record levels)

Australia’s drought is contributing to the shortage of rice around the world. (As Australia dries, a global shortage of rice)
This article states, “The collapse of Australia’s rice production is one of several factors contributing to a doubling of rice prices in the last three months — increases that have led the world’s largest exporters to restrict exports severely, spurred panicked hoarding in Hong Kong and the Philippines, and set off violent protests in countries including Cameroon, Egypt, Ethiopia, Haiti, Indonesia, Italy, Ivory Coast, Mauritania, the Philippines, Thailand, Uzbekistan and Yemen.”

Rising oil prices are affecting the cost of most commodities. Martin Crutsinger, Associated Press Economics Writer, reports that wholesale prices have increased substantially. (Wholesale prices soared in March) The article states: “With the crude oil price rising to a record close of $113.79 per barrel on Tuesday, analysts said consumers should be braced for more bad inflation news to come. ‘Wholesale prices are rising and the consumer should expect more shocks at the supermarket and the gas station,’ said Joel Naroff, chief economist at Naroff Economic Advisors.”

Ellen Simon, AP Business Writer, also reports on the rising food costs and how they affect the population, especially lower income families:
“For the U.S. poor, any increase in food costs sets up an either-or equation: Give something up to pay for food.
‘I was talking to people who make $9 an hour, talking about how they might save $5 a week,’ said Kathleen DiChiara, president and CEO of the Community FoodBank of New Jersey. ‘They really felt they couldn’t. That was before. Now, they have to.’ For some, that means adding an extra cup of water to their soup, watering down their milk, or giving their children soda because it’s cheaper than milk, DiChiara said.” (Food Costs Rising Fastest in 17 Years)

An article in the British newspaper The Independent is titled “USA 2008: The Great Depression” and speaks of the growing number of Americans (28 million) using food stamps (USA 2008: The Great Depression)

According to CBS News: “there have been food riots in Haiti, Bangladesh, Egypt, Burkina Faso, Mauritania, Mozambique and Senegal. Rising prices have hit poor countries like Peru (and even developed countries like Italy and the United States).” (Food Shortages Herald “New Era Of Hunger”)

There seems to be no glimmer of hope in the future with rising fuel prices adding to the cost of everything. The Bible indicates that near the time of the end there is going to be a worldwide famine:

“5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. 6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.” (Revelation 6:5-6)

The cost of wheat and barley in this passage declares that a day’s wages will be necessary to pay for food staples at some point in the future. Out of this famine a global leader will arise and seem to have all of the answers to the world’s problems including the economic woes of the people. Just such a scenario played out in the 1920s and 30s when Adolph Hitler used the people’s suffering to rise to power. So too will the Antichrist.