NOTE from ANDREW STROM: Last year we began to warn about coming Food shortages. We would never do so lightly. And usually I would avoid such talk, because I am very aware of all the false prophecies over the years telling people to store "freeze-dried" food, etc. But I am deadly serious about this. It is one of my greatest concerns - especially for the poor. But likely it will affect us all. As you can see from the below articles, there is a terrible danger of a "Perfect Storm" developing in food supplies in coming months - with huge worldwide droughts (-already here) combined with credit shortages for farmers, and an international shipping crisis - all coming together. I have added a couple of links at the end of the first (brief) article - which are very important to check out. Please click on those links, my friends. -Truly a crucial subject. Pray and prepare! ------------------------------------- THE ZANETTI REPORT 27 Feb 2009 -KOB news - kob.com If you are wondering why your grocery bill keeps creeping, the answer may have to do more with the weather than anything else. You see, drought conditions are now plaguing the globe. China is experiencing its worst drought in 50 years and is stockpiling food, because the government knows it has to feed 20 percent of the worlds populations with only 10 percent of the worlds arable land. In Australia things haven't been this bad in 117 years, as rainfall has been below normal since 2002. In Africa, water scarcity has depleted soil moisture to the point that the continent has lost the nutrients needed to grow plants in half of its agricultural soil. In South America, Argentina has not had significant rainfall since November. Brazils corn harvest is down 15.5 percent and Uruguay has declared an agricultural emergency. In short, its getting ugly. Marla: What about here in the US? Greg: Its a mixed bag. Drought is spreading through California, Washington, Montana, and Minnesota. Fifteen percent of Texas is in extreme drought, and the Carolinas and Georgia need rain desperately. The midwest is doing OK though. And while no one thinks that were on the verge of mass starvation, depending on how severe this drought is, we could see crop yields world wide fall 20 percent this year. Marla: So, we will see prices rise. Greg: Probably, and here is another reason why. Governments know that when people get hungry, they often times get violent. You might remember the food riots in Mexico last year. So its not just China that is stockpiling food... of course hoarding takes more food off the open market, which pushes prices up. Marla: And didnt I read that the credit crunch is hurting farmers as well? Greg: Great point. Last year, a lack of credit impinged on farmers ability to obtain seeds, equipment, and fertilizer. So youre already hearing people say if another stimulus package is considered later this year, it should, at a minimum, target food production.... PLEASE VISIT These 2 LINKS ALSO - Very IMPORTANT- http://www.marketskeptics.com/2009/02/2009-global-food-catastrophe.html http://www.guardian.co.uk/environment/gallery/2009/feb/05/global-drought God bless you all. Andrew Strom.