Peanut Butter Prices Are Rising By 24 to 40 Percent

Cleveland Leader ^ | 10/10/2011 - 10:08am | By Julie Kent

[DeaconBenjamin]

You can now add peanut butter, a long-time recession staple food item, to the list of things that "the 99 percent" may no longer be able to afford. Thanks to droughts, the price of peanut butter has gone up from $450 a ton to $1,150 a ton in just one year and now peanut butter makers are about to pass on the increased costs to consumers.

The Wall Street Journal reports that wholesale prices for Jif are going up 30 percent beginning in November. Peter Pan will increase its prices by as much as 24 percent in a couple of weeks. Skippy prices are already 30 to 35 percent higher now than they were a year ago, and Kraft Foods Inc., which launched Planters peanut butter in June, is raising its prices by 40 percent on October 31.

It will be interesting to see if consumers cut back on their peanut butter consumption in light of the rising cost and tough economy.

[reformedliberal]

Isn’t it amazing? I have a friend in NZ who requests Miracle Whip.

Who says America doesn’t have a culture? ;~)

[newzjunkey]

Loss of the dollar as the world’s reserve currency is one of the paramount risks out there and it’s not being taken seriously. I find the lax attitudes disturbing.

[FlingWingFlyer]

More hopey/changey. Fundamentally transforming the price of peanut butter. I’m not liking this communism thing so far.

[max americana]

>Who says America doesn’t have a culture? ;~)<

ROFL Our business liaison in Manila a year ago told us that all he ‘REQUESTS’ is Smuckers’ or Toblerone by Hershey. That’s it. You want to see a grown man cry at the sight of American chocolate bar or a bottle of peanut butter? I witnessed it...this is the stuff you read when GI’s were giving away the stuff when they were liberating countries.

[FlingWingFlyer]

I know Moochelle is trying to shrink the size of American kids but this is getting ridiculous.

[af_vet_rr]

Again, inflation caused by government.

Are you seriously arguing that the US is not in the midst of a major drought?

[af_vet_rr]

Just to give you an idea of the drought - Texas is the second largest producer of peanuts in the nation. Texas is in the midst of the worst year-long drought since records starting being kept in 1895. It doesn’t matter how many peanuts were grown, the fact is the rest of the country is going to be feeling this drought later in the year and into the next.

[Repeal The 17th]

“...Peanut butter was invented by George Washington Carver...”
-
Wrong.

[Rudders Mate]

I Like Peanut Butter

[wally_bert]

And Reeses too. Out of all the candy out there, Reeses is one of the few I have ever liked. Kit Kat and Peanut Butter Twix & Snickers. I may go for a candy fix every few months.

[Cicero]

Oh, dear. In that case, here’s the web site for you:

http://www.changethatsrightnow.com/phobia-list-and-definitions/arachibutyrophobia/

[Liberty Valance]

I am living proof that you can live on beer and peanut butter.

[Cicero]

George Washington Carver didn’t patent peanut butter, as he believed all foods are gifts from God.

http://inventors.about.com/library/inventors/blpeanutbutter.htm

[Revolting cat!]

Well, we'll have to start using Watkins, Watson!

[rdl6989]

Change you can believe in I guess.

[familyop]

"Loss of the dollar as the world’s reserve currency is one of the paramount risks out there and it’s not being taken seriously. I find the lax attitudes disturbing."

Maybe the attitude is one of welcoming this great correction. To head off one of the usual arguments from traitors against our USA--collaborators with foreign communists--I'll cover that first.

Government cannot sustain bigness with a worthless currency and little domestic manufacturing. So at the end of the default process (caused by the American traitors partnered with foreign communist enemies), we'll see smaller, cleaner government.

Bipartisan, anti-American socialists cannot be politically effective, when their government funding is gone.

We're not buying. They shout "free trade" while artificially propping the dollar up and gobbling ever more debts to sustain this socialist debacle of globalism. We're not buying anything that we don't really need. We're becoming more self-sufficient. We're going to rebuild this great country with real work--manufacturing and other production for Americans and close allies.

So no more revenues for the real contemporary freeloaders.

"We" are the hard working and technically proficient. We can fix, make or build anything (engineers, technicians, do-it-yourself-ers, small farmers, all). We're honest, unlike the corrupt, anti-American, anti-family folks in leadership at every level now (and their favorite retired constituents). We're looking forward to the end of the current thieveries and better times ahead.

Enjoy the slide. We are. No vote. No sale. No revenues. Checkmate.

[decal]

“...the fact is the rest of the country is going to be feeling this drought later in the year and into the next.”

Longer than that - an article from my hometown paper this week saying local ranchers may be getting out of the business soon.

http://www.hondoanvilherald.com/news1.htm

[baddog 219]

I’m gona’ have to skip my Skippy......

[Revolting cat!]

Let's go for the fake stuff from China!

[JoenTX]

We have been selling our herds down to base stock....the bull and the best mothering cows. The sale barns are doing big business.

We did get 2.5 inches over the weekend......which is the biggest single amount of moisture we’ve seen since the snow/ice melted from the February storm. Our tanks are the lowest I can ever remember seeing them and dad says they weren’t quite this bad in the 1950-58 drought.

Our savior is that the ranch is paid for. It’s just there minus the taxes.