Blog note. Jesus indicated that ‘fearful sights’ (various natural disasters) would occur leading up to the time known as the Tribulation and Great Tribulation (a combined seven year period of great destruction on earth). Although these types of things have occurred in the past for centuries and thousands of years, they could be identified as the ‘season of the times’ due to the ferociousness of these events. They would be occurring in greater intensity, severity, frequency, size, duration, scope … just like the pains that a woman experiences in labor the farther along she is in the labor process. We are in the ‘season of the times’ that comes just before the seven (7) year Tribulation/Great Tribulation period
… And great earthquakes shall be in diverse places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven. (Luke 21:11).
… And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring; (Luke 21:25)
… Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken; (Luke 21:26)
… This know also, that in the last days perilous times shall come. (2 Timothy 3:1)
Jesus is giving a series of prophecies about what to look for as the age of grace comes to a close. These verses are several of many such prophecies from throughout the Bible. 2017 was the worst year in recorded history for the intensity, frequency, severity, duration and occurrence of a large number of severe natural disasters worldwide. Earthquakes, volcanoes, hurricanes, typhoons, cyclones, torrential flooding, unprecedented wildfires in unusual places, devastating droughts, excessive/scorching heat setting records everywhere, record snowfalls in Europe and Russia. Snow in the Arabia. This list can go on. Most studied Eschatologists believe these ‘fearful sights’ and massive natural disasters are all part of the ‘CONVERGENCE’ of signs that this Biblical and prophetic age is closing. Most people who study prophecy are familiar with the routine reference(s) made that these things will be like a woman having labor pains, growing in intensity, frequency, size and duration.

India rice exports could hit seven-year low on weak demand, higher prices: industry. ‘A measure of wheat for a penny.’

Reuters•July 26, 2019

MUMBAI (Reuters) – India’s rice exports are likely to fall to their lowest level in seven years, industry officials say, as weak demand from African countries weighs and shippers absorb the absence of government incentives that supported previous sales.

Lower shipments from India will help rivals such as Vietnam and Myanmar in raising their exports, according to Indian exporters, but could also force Prime Minister Narendra Modi’s government to increase buying from farmers, even as it struggles to liquidate last year’s stocks.

“Inventories have been piled up in Africa,” said Nitin Gupta, vice president for Olam India’s rice business. “A lot of Indian demand has been diverted to Myanmar and China as Indian prices are out of parity.”

The south Asian country could export 10 to 11 million tonnes of rice in the fiscal year 2019/20 that started on April 1, Gupta said.

India exported 11.95 million tonnes of rice in 2018/19 through March 31, down 7.2% from the previous 12 months, even though the country provided incentives for exports of non-basmati rice for four months.

The country exports non-basmati rice to mainly Bangladesh, Nepal, Benin and Senegal, and premier basmati rice to Iran, Saudi Arabia and Iraq. In basmati rice exports, India competes with Pakistan, while in non-basmati rice exports rivals are Thailand, Vietnam and Myanmar.

The government incentives for exports were temporary and discontinued on March 25, said B V Krishna Rao, president of the Rice Exporters Association (REA). “The incentive needs to be restored quickly,” he said, “otherwise there could be huge drop in the exports this year.”

India’s rice exports in April-May fell 30% from a year ago to 1.58 million tonnes as shipments of non-basmati rice fell more than 50% to 711,837 tonnes, according to data compiled by Agricultural and Processed Food Products Export Development Authority.

Shipments of white rice from India have nearly stopped altogether as Vietnam and Myanmar are offering more than $30 per tonne discount over Indian prices, said Gupta.

In parboiled rice, India has been trying to compete with Thailand but couldn’t reduce export prices due to higher paddy, or unhusked rice, prices, said Himanshu Agarwal, executive director at Satyam Balajee, India’s biggest rice exporter.

Paddy buying by central and state governments have lifted prices in the open market, making it difficult for exporters to compete profitably in the world market, said Agarwal.

The central state of Chhattisgarh, a leading rice producer, raised the minimum paddy buying price to 2,500 rupees ($36.20) per 100 kg in 2018, from 1,750 rupees – a 43% jump.

Indian exporters said the aggressive liquidation of old stocks by China, the world’s biggest rice producer, has also hit Indian exports.

“China is exporting a huge amount of old rice to African markets. Africa being a major client, volumes have significantly dropped from India,” said Agarwal.

($1 = 69.0550 Indian rupees)