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Peanut butter prices expected to increase
WECT News ^

Posted on 09/12/2011 5:47:56 PM PDT by djf

NEW HANOVER COUNTY, NC (WECT) – You may see fewer peanuts on grocery store shelves this year and will likely pay more for peanut butter.

The US Department of Agriculture estimates this year's peanut crop could be 13 percent smaller than last year's because many farmers in Georgia and Texas have lost their crops to dry and hot weather conditions.

Many farmers in our area believe the demand for peanuts could help the local economy, despite also suffering a loss.

Some peanut butter companies have already raise their prices by a least 50 cents.


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: drought; foodprices; foodsupply; peanuts
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Bad harvest, futures prices up. If yur nuts about peanuts, buy souner than later!
1 posted on 09/12/2011 5:47:58 PM PDT by djf
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To: djf

Blame Carter and malaise...


2 posted on 09/12/2011 5:49:24 PM PDT by null and void (Day 965 of America's holiday from reality...)
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To: djf

drat! I like the stuff and have relied on it as a less expensive source of protein. :(


3 posted on 09/12/2011 5:50:43 PM PDT by midnightcat
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To: djf; JoeProBono; a fool in paradise


4 posted on 09/12/2011 5:51:21 PM PDT by Revolting cat! (Let us prey!)
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To: djf

Peanut butter and jelly sandwich will become an expensive gourmet item


5 posted on 09/12/2011 5:51:55 PM PDT by dennisw (nzt - works better if you're already smart)
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To: null and void

I wish it was warmer here so I could try growing peanuts. I think it would be fascinating to watch them grow...
but not in my neck of the woods!


6 posted on 09/12/2011 5:52:54 PM PDT by djf (One of the few FReepers who NEVER clicked the "dead weasel" thread!! But may not last much longer...)
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To: null and void
"How 'bout some Obama-Billy Beer, y'all? Killer Rabbit and Misery Index thrown in for free!"


7 posted on 09/12/2011 5:53:08 PM PDT by twister881
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To: djf

Thanks for the heads-up! I use a lot of peanut butter during the holidays since a lot of fudge/cookie/dessert recipes call for it. I will definitely be going to Costco!


8 posted on 09/12/2011 5:59:09 PM PDT by momtothree
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To: djf
Is there any segment of the US agricultural industry that prices their product according to the time averaged statistical occurrence of unfavorable harvests, or is “a bad year” simply the perennial excuse for food price inflation?
9 posted on 09/12/2011 6:00:00 PM PDT by SpaceBar
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To: djf

I hadn’t done the family grocery shopping for a couple of months. In May 2011, a gallon of 2% milk cost about $2.50 at Wal-Mart. Most recent price= $4.03. A pint of blueberries cost $2.50 in May. Most recent price=$4.98.
I remember many stories during the GWB years about the “skyrocketing” price of food. Now=crickets chirping.


10 posted on 09/12/2011 6:01:48 PM PDT by macrahanish #1
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To: djf
Nuts, peanut butter is good stuff, stock up.
11 posted on 09/12/2011 6:04:58 PM PDT by Navy Patriot (Holy flippin' crap, Sarah rocks the world!)
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To: momtothree

I had heard that Smuckers ( Jif )was going to increase the retail price by 30% on their peanut butter in a report yesterday on the commodities market.

A PBJ sandwich has been a mainstay in my house.
Time for a visit to Costco or Sam’s for some ‘Home Storage’.


12 posted on 09/12/2011 6:05:38 PM PDT by Tilted Irish Kilt (Nothing to see here. . ... Move along !)
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To: Revolting cat!

13 posted on 09/12/2011 6:06:22 PM PDT by JoeProBono (A closed mouth gathers no feet)
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To: JoeProBono

Joe, My 2 Labs would have that kid cleaned up in less than 3 minutes! lol.


14 posted on 09/12/2011 6:13:27 PM PDT by MountainDad (Support your local Militia)
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To: momtothree

Yur welcome! Sounds like a big increase could be on the way, that’s why I posted.

I use it occasionally and have about 6 pounds in storage for SHTF.

Day to day - wise, I prefer the Nutella, which is a spread like peanut butter but made from hazelnuts. It’s really good... especially with some black raspberry jam... dam now I’m hungry...

;-)


15 posted on 09/12/2011 6:14:01 PM PDT by djf (One of the few FReepers who NEVER clicked the "dead weasel" thread!! But may not last much longer...)
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To: djf

Funny. I just bought the Skippy 16 oz Super Chunk PB last saturday for $1.50 at food 4 less.


16 posted on 09/12/2011 6:14:01 PM PDT by max americana (FUBO NATION 2012 FK BARAK)
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To: Revolting cat!
Those Almonds look good. How's that crop doing this year?
17 posted on 09/12/2011 6:16:21 PM PDT by Musketeer
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To: MountainDad

Ever give peanut butter to a dog?

I gave some to my pup years back and laughed so hard I nearly peed myself...

It gets stuck on the roof of their mouth and they ain’t exactly sure what to do except lick and slobber all over the place with this dumbstruck look on their face.

Hilarious!


18 posted on 09/12/2011 6:19:03 PM PDT by djf (One of the few FReepers who NEVER clicked the "dead weasel" thread!! But may not last much longer...)
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To: djf

“...many farmers in Georgia and Texas have lost their crops to dry and hot weather conditions...”
-
I’ve seen those areas and the cotton ain’t doin’ too good, neither.


19 posted on 09/12/2011 6:20:36 PM PDT by Repeal The 17th (Proud to be a small monthly donor.)
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To: null and void
Blame Carter and malaise...

Jimmah Earl was one of those Georgia peanut farmers. He was into nuclear physics, too.

20 posted on 09/12/2011 6:23:05 PM PDT by cynwoody
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To: djf
Ever give peanut butter to a dog?

Yes, I have. My dogs LOVE peanut butter!

Your right, when I first gave them some, I rubbed it on the roof of their mouths and they did the same as your pup did.

But I think they have mastered how to eat it now, as they can lap it up with ease.

21 posted on 09/12/2011 6:25:57 PM PDT by MountainDad (Support your local Militia)
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To: djf

Try putting a dab on the dog’s nose sometime. Talk about cheap entertainment and the dog likes it.


22 posted on 09/12/2011 6:25:57 PM PDT by muir_redwoods (Somewhere in Kenya, a village is missing an idiot)
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To: BufordP
This graphic is soooo wrong...which makes it so perfect for a 1/2 post if the right opportunity presents itself. One for your files, perhaps?

Click for image at post #7

23 posted on 09/12/2011 6:31:15 PM PDT by lonevoice (schizophrenic hostage taking hobbit terrorist)
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To: JoeProBono

LOL! Memories of cleaning up a few diaper loads of that magnitude.


24 posted on 09/12/2011 6:31:27 PM PDT by Rebelbase (Disgusted with the establishment GOP and their enablers.)
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To: djf

“I use it occasionally and have about 6 pounds in storage for SHTF.”

How long does peanut butter keep?


25 posted on 09/12/2011 6:32:59 PM PDT by Rebelbase (Disgusted with the establishment GOP and their enablers.)
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To: djf

“Ever give peanut butter to a dog?”

They’ll keep coming back for more. After the 4th time though they’ll start whining due to tongue cramps but that doesn’t stop them from wanting even more.

“Peanut buttering a dog” is the verb.


26 posted on 09/12/2011 6:37:04 PM PDT by UnChained (The "stimulus" CAUSED the economy to tank.)
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To: Revolting cat!

You love peanuts but post a picture of almonds?


27 posted on 09/12/2011 6:39:23 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: MHGinTN

What almonds? I posted pecans!


28 posted on 09/12/2011 6:43:06 PM PDT by Revolting cat! (Let us prey!)
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To: Rebelbase

“I use it occasionally and have about 6 pounds in storage for SHTF.”

How long does peanut butter keep?

*******************************************************************

Use it to bait traps for edible small mammals - mice, squirrels, etc.


29 posted on 09/12/2011 6:43:47 PM PDT by headsonpikes (Genocide is the highest sacrament of socialism - "Who-whom?")
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To: Rebelbase

Not sure exactly. I think all processed foods have by default a one year expiration date on the label, but as has been pointed out many times, if the food is sealed properly and unopened, and kept cool and dry, decades are not out of the question.


30 posted on 09/12/2011 6:43:55 PM PDT by djf (One of the few FReepers who NEVER clicked the "dead weasel" thread!! But may not last much longer...)
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To: Rebelbase

Even a year old opened container can be consumed if kept covered. Add a little sea salt and stir generously, then enjoy. An unopened jar has an expiration date printed on it, but if unopened it lasts perhaps three times as long as the expiration date. The taste falls off due to a change in the oil which makes it smell and taste a bit ‘stale’, so the sea salt revives the flavor.


31 posted on 09/12/2011 6:45:20 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: Revolting cat!

I know pecans. Those are almonds in your post.


32 posted on 09/12/2011 6:46:57 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: MHGinTN

I grow both on my farm (plus grapes and raisins), and I know the nuts, I think!


33 posted on 09/12/2011 6:48:54 PM PDT by Revolting cat! (Let us prey!)
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To: Revolting cat!

I know almonds ... some of my friends are almonds. Remember that ad for Almond joy and Mounds (”sometimes you feel like a nut; sometimes you don’t”)? well, folks at FR say I’m a cranky old crazy man, and I have frienmds who’re almonds, so I know nuts.


34 posted on 09/12/2011 6:50:48 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: midnightcat

Try cashew butter. You’ll never eat peanut butter again.


35 posted on 09/12/2011 6:50:56 PM PDT by neefer (Because you can't starve us out and you can't make us run.)
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To: max americana

Most of your “mainstream” peanut butter brands remove the natural peanut oil, replace it with saturated fat and sugar, then sell the peanut oil separately.

The real deal is the stuff where the oil separates from the peanuts in the jar. It has a much more distinctive peanut flavor and is excellent for sandwiches and sauces. The trick is to store the jar upside down or on it’s side until you’re ready to use it, then stir it and keep it in the fridge. I buy large jars (Adams is good) and dump it into the mixer, then put it back in the jar.

The big glass jars when empty come in handy in the kitchen for storage, and in the shop for solvents.


36 posted on 09/12/2011 6:50:56 PM PDT by GunsAndBibles (All that is necessary for the triumph of evil is that good men do nothing)
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To: Revolting cat!
Here's your pee cans:
37 posted on 09/12/2011 6:53:24 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: GunsAndBibles

I wandered out of Sam’s one day with two large jugs of mixed bean salad (gallon plus jugs) ... great jars for solvent cleaning of gun parts AND for pickling eggs.


38 posted on 09/12/2011 6:56:30 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: Revolting cat!; MHGinTN
What almonds? I posted pecans!

Sir, I've served pecans. I know pecans. Pecans were a food of mine. Those, sir, are no pecans.

39 posted on 09/12/2011 6:58:31 PM PDT by Zeppelin (Keep on FReepin' on...)
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To: Zeppelin
I knew Pekan. You, Sir, is no friend of mine!


40 posted on 09/12/2011 7:03:28 PM PDT by Revolting cat! (Let us prey!)
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To: Repeal The 17th
We were through the high plains of Texas last week and the cotton that was there looked good, but Hwy 84 that is usually wall-to-wall cotton fields was mostly just windmills. Lots did not get planted.

Here in NE Louisiana, we are actually having a pretty good year cotton-wise. We will start picking next week and have been pleased with the look of both the irrigated and dryland crops. The couple of rains that we did get came at the right times.

41 posted on 09/12/2011 7:05:14 PM PDT by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: SpaceBar
"Is there any segment of the US agricultural industry that prices their product according to the time averaged statistical occurrence of unfavorable harvests, or is “a bad year” simply the perennial excuse for food price inflation?"

The commodity market is played by a bunch of people who have never seen an actual field. The farmers, who ARE agriculture, don't get to decide how much they charge unless they have tens of millions of dollars worth of storage and can hold their harvests and wait for a favorable market.

There is "a bad year" somewhere or several somewheres in the world every year. That is the weather and natural disasters, not producers making excuses.

42 posted on 09/12/2011 7:11:23 PM PDT by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: SpaceBar
Is there any segment of the US agricultural industry that prices their product according to the time averaged statistical occurrence of unfavorable harvests, or is “a bad year” simply the perennial excuse for food price inflation?

You got off to good start, but forgot to stop once you asked the pertinant question;

Is there any segment of the US agricultural industry that prices their product?

The answer is no, the pricing occurs above the agricultural layer.

43 posted on 09/12/2011 7:16:26 PM PDT by Balding_Eagle (Overproduction, one of the top five worries of the American Farmer each and every year..)
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To: djf

My grandfather raised a field of them in Oregon during the early ‘40s. I don’t remember how well they did (I was kinda young) but I do remember eating some of them. If I had some acreage I might give thema try.


44 posted on 09/12/2011 7:35:31 PM PDT by oldfart (Obama nation = abomination. Think about it!)
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To: lonevoice
LOL! Got it. Thanks!

If you want to see wrong, check this out.

45 posted on 09/12/2011 7:46:47 PM PDT by BufordP ("Drink me if you can't take a joke." -- Kool-aid)
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To: djf

Given the state of the economy, this is huge and serious. /notjoking else I’d have said hugh and series


46 posted on 09/12/2011 7:49:40 PM PDT by NonValueAdded (So much stress was put on Bush's Fault that it finally let go, magnitude 6)
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To: JoeProBono

Man O Man hope that peanut butter else mommy gonna be upset.


47 posted on 09/12/2011 8:03:44 PM PDT by Bailee
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To: Revolting cat!

Err thats almonds you posted. No pecan I grew ever looked like that.


48 posted on 09/12/2011 8:05:59 PM PDT by Bailee
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To: JoeProBono

49 posted on 09/12/2011 8:07:57 PM PDT by Revolting cat! (Let us prey!)
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To: Bailee
Identify this, then, smarty pants!


50 posted on 09/12/2011 8:10:23 PM PDT by Revolting cat! (Let us prey!)
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