Post by olhillbilly on Oct 16, 2011 2:23:05 GMT -5
Just a lil heads up on yer favorite mate to jelly.
Was told today that peanut butter prices will soar. Sumpthin bout the weather and whatnot. So I stocked up today with old prices. Not that I use alotta PB. Just that its good once inna while and like ta have it when I want it. Source said prices mite even double. Just thought I'd pass along that lil bit of info.
( posted this on my site this morning and Nature came back with this >>)
Stock Up on Peanut Butter Now Before Prices Get Ridiculous
The time to buy peanut butter is now, friends. The Wall Street Journal reports that prices for Jif, Peter Pan, and other peanut butter jars will be going up as much as 40% starting in a couple of weeks.
In just one year, the wholesale price of peanuts has skyrocketed from $450 a ton to $1,150 a ton, thanks to Mother Nature and human folly. As a result:
Wholesale prices for big-selling Jif are going up 30% starting in November, while Peter Pan will raise prices as much as 24% in a couple weeks...Skippy [prices] are 30% to 35% higher than a year ago. Kraft Foods Inc., which launched Planters peanut butter in June, is raising prices 40% on Oct. 31
Invest now in a few jars of your favorite peanut butter brand (and, presumably, peanuts too) before this food staple becomes a luxury item.
=================
Me an another friend were talkin tonight about what all this is gonna affect. Reese's is sure gonna have a hard time. And no more PB cookies.
Was told today that peanut butter prices will soar. Sumpthin bout the weather and whatnot. So I stocked up today with old prices. Not that I use alotta PB. Just that its good once inna while and like ta have it when I want it. Source said prices mite even double. Just thought I'd pass along that lil bit of info.
( posted this on my site this morning and Nature came back with this >>)
Stock Up on Peanut Butter Now Before Prices Get Ridiculous
The time to buy peanut butter is now, friends. The Wall Street Journal reports that prices for Jif, Peter Pan, and other peanut butter jars will be going up as much as 40% starting in a couple of weeks.
In just one year, the wholesale price of peanuts has skyrocketed from $450 a ton to $1,150 a ton, thanks to Mother Nature and human folly. As a result:
Wholesale prices for big-selling Jif are going up 30% starting in November, while Peter Pan will raise prices as much as 24% in a couple weeks...Skippy [prices] are 30% to 35% higher than a year ago. Kraft Foods Inc., which launched Planters peanut butter in June, is raising prices 40% on Oct. 31
Invest now in a few jars of your favorite peanut butter brand (and, presumably, peanuts too) before this food staple becomes a luxury item.
=================
Me an another friend were talkin tonight about what all this is gonna affect. Reese's is sure gonna have a hard time. And no more PB cookies.
