Wednesday, February 09, 2011
No more cheap foods
The freak weather in Queensland, Australia has created havoc to the supply of crops, sugar and fruits to the world market. They may be conied a lucky country with their minerla deposits but their farmlands has to endure extreme weathers. New Zealand on the other hand has a milder weather and is a better bet for farmland investment.
Australia is a also big player in wheat, sugar and other essential crops. The drought in Russia also lifted wheat prices. The French has >30,000 bakeries supplying 20 million bagels a day and the prices has shot thru the roof due to the increase in price of wheat.
The era of cheap food is gone. Even in Malaysia, RM3-4 per meal is also GONE. Food inflation is very real.
The world population is increasing at unprecedented rates, while rural farmland is being converted for industrial use. The frequent and spontaneous disasters with Mother Nature has not helped the supply of food to say the least.
The times may be coming when a day's wage would not be sufficient to feed our families?
Surely not.The Lord will provide to us whose trust is in HIM.
Australia is a also big player in wheat, sugar and other essential crops. The drought in Russia also lifted wheat prices. The French has >30,000 bakeries supplying 20 million bagels a day and the prices has shot thru the roof due to the increase in price of wheat.
The era of cheap food is gone. Even in Malaysia, RM3-4 per meal is also GONE. Food inflation is very real.
The world population is increasing at unprecedented rates, while rural farmland is being converted for industrial use. The frequent and spontaneous disasters with Mother Nature has not helped the supply of food to say the least.
The times may be coming when a day's wage would not be sufficient to feed our families?
Surely not.The Lord will provide to us whose trust is in HIM.
