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Peanut Butter Prices Are Rising By 24 to 40 Percent
Cleveland Leader ^ | 10/10/2011 - 10:08am | By Julie Kent

Posted on 10/10/2011 7:11:20 PM PDT by 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.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: drought; foodprices; foodsupply; peanutbutter; peanuts; preppers; survival
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That's just nuts!
1 posted on 10/10/2011 7:11:24 PM PDT by DeaconBenjamin
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To: DeaconBenjamin

Thank goodness we don’t have any inflation. /sarc


2 posted on 10/10/2011 7:13:07 PM PDT by I Drive Too Fast
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To: DeaconBenjamin

So what are we looking at 7.50 - 8.00 for a jar of peanut butter? Ummm no thanks.


3 posted on 10/10/2011 7:13:29 PM PDT by eak3
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To: DeaconBenjamin

I thought peanut butter was banned everywhere by now!


4 posted on 10/10/2011 7:14:03 PM PDT by ari-freedom
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To: 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.

Free advertising for the communist protests, right in the first line of an unrelated article. Pravda much?

5 posted on 10/10/2011 7:17:17 PM PDT by Interesting Times (WinterSoldier.com. SwiftVets.com. ToSetTheRecordStraight.com.)
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To: DeaconBenjamin

Puns aside, we haven’t yet began to feel the full effects of the drought. I’ve seen it personally - we buy a lot of fresh foods from farmers markets directly from the farmers and prices have gone up while selection and sizes have gone down. I can’t imagine what it will be like on a national level.


6 posted on 10/10/2011 7:17:37 PM PDT by af_vet_rr
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To: DeaconBenjamin

Peanut butter was invented by George Washington Carver. This
means that price increased are racist!


7 posted on 10/10/2011 7:18:43 PM PDT by CrazyIvan (Obama's birth certificate was found stapled to Soros's receipt.)
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To: eak3

So much for having peanut butter cookies in the line-up for the holiday season goodie trays.

or buckeyes......(((sigh)))


8 posted on 10/10/2011 7:19:53 PM PDT by digger48
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To: DeaconBenjamin
When China, Russia, the Arab countries and most of the Eurowinnies decide to drop the Dollar as the top currency, you will see prices go so high you will pay $10 for a loaf of bread. When they refuse to take dollars anymore and some have already started doing that, and here comes the world currency, the worthless dollar will go down hard. We just keep printing money. Other countries cannot do that. They have to buy dollars to pay for things internationally. When they all run from the dollar, then we are going to get creamed. This is what Soros and Obama want. Soros is buying gold by the ton. He will be rich. Obama and the other big communist left will be rich. Soros will take care of his manchild. It is we who will be left to pay.
9 posted on 10/10/2011 7:20:30 PM PDT by RetiredArmy (As the End Times draws near, remember the Bible WARNED of these times. Be ready!)
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To: af_vet_rr

Again, inflation caused by government. Federal law limits peanut farming and imports. Peanut farmer Jimmy Carter is smiling all the way to the bank.


10 posted on 10/10/2011 7:21:39 PM PDT by aimhigh
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To: DeaconBenjamin
Occupy Jif
11 posted on 10/10/2011 7:22:02 PM PDT by Brandonmark (2012: Our Hope IS Change!)
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To: DeaconBenjamin

PB has become an important source of protein as prices have risen. This is not pleasant news.


12 posted on 10/10/2011 7:30:07 PM PDT by newzjunkey (Obama wins in 2012.)
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To: DeaconBenjamin

Elvis is gettin’ upset.

If Elvis can’t have his peanut butter and banana, Elvis is gonna get upset!


13 posted on 10/10/2011 7:32:07 PM PDT by barstoolblues (Neither teabagger nor tyrant)
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To: DeaconBenjamin

Elvis is gettin’ upset.

If Elvis can’t have his peanut butter and banana, Elvis is gonna get upset!


14 posted on 10/10/2011 7:32:24 PM PDT by barstoolblues (Neither teabagger nor tyrant)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks DeaconBenjamin.
...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
Someday we'll return to the days of tuber the price of one.


15 posted on 10/10/2011 7:34:06 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Brandonmark

You could find yourself in a sticky situation.


16 posted on 10/10/2011 7:34:54 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: DeaconBenjamin

“If peanut butter were as expensive as caviar,” Bill (Buckley) has said more than once, “it would be served at Buckingham Palace teas.”

17 posted on 10/10/2011 7:36:20 PM PDT by billorites (freepo ergo sum)
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To: eak3

One pound of Smuckers Natural is only $2.48 at Walmart. So, likely $3.30+, soon. We read this earlier and stocked up. It has a 6 month sell by date and peanut oil can go rancid, but kept cool and dark it should be good for longer, unopened. My husband could live on the stuff, so it goes pretty fast, around here.

The ones w/hydrogenated oils would last longer, I suppose. Most of them are what I would call *peanut spread*, though, not real peanut butter.


18 posted on 10/10/2011 7:37:01 PM PDT by reformedliberal
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To: reformedliberal

>One pound of Smuckers Natural is only $2.48 at Walmart. So, likely $3.30+, soon. We read this earlier and stocked up. It has a 6 month sell by date and peanut oil can go rancid, but kept cool and dark it should be good for longer, unopened. My husband could live on the stuff, so it goes pretty fast, around here.<

Thanks for the info. I love Smuckers. When I head to the Philippines for business, I can’t believe there is an underground barter system for Smuckers that has been going since the 80’s. It really is popular, even in SE Asia.


19 posted on 10/10/2011 7:42:19 PM PDT by max americana (FUBO NATION 2012 FK BARAK)
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To: DeaconBenjamin
You could find yourself in a sticky situation.

Might even be considered a case of arachibutyrophobia.

20 posted on 10/10/2011 7:47:05 PM PDT by Brandonmark (2012: Our Hope IS Change!)
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To: max americana

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

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


21 posted on 10/10/2011 7:48:32 PM PDT by reformedliberal
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To: RetiredArmy

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.


22 posted on 10/10/2011 7:50:00 PM PDT by newzjunkey (Obama wins in 2012.)
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To: DeaconBenjamin

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


23 posted on 10/10/2011 7:54:20 PM PDT by FlingWingFlyer ("Greed" is wanting everything and demanding that somebody else pay for it.)
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To: reformedliberal

>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.


24 posted on 10/10/2011 7:56:39 PM PDT by max americana (FUBO NATION 2012 FK BARAK)
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To: DeaconBenjamin

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


25 posted on 10/10/2011 7:57:01 PM PDT by FlingWingFlyer ("Greed" is wanting everything and demanding that somebody else pay for it.)
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To: aimhigh
Again, inflation caused by government.

Are you seriously arguing that the US is not in the midst of a major drought?
26 posted on 10/10/2011 7:57:50 PM PDT by af_vet_rr
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To: aimhigh

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.


27 posted on 10/10/2011 8:01:15 PM PDT by af_vet_rr
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To: CrazyIvan

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


28 posted on 10/10/2011 8:01:15 PM PDT by Repeal The 17th
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To: DeaconBenjamin
I Like Peanut Butter
29 posted on 10/10/2011 8:03:11 PM PDT by Rudders Mate
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To: Brandonmark

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.


30 posted on 10/10/2011 8:18:45 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: Brandonmark

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

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


31 posted on 10/10/2011 8:20:02 PM PDT by Cicero (Marcus Tullius.)
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To: DeaconBenjamin
I am living proof that you can live on beer and peanut butter.
32 posted on 10/10/2011 8:22:57 PM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: Repeal The 17th

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


33 posted on 10/10/2011 8:25:03 PM PDT by Cicero (Marcus Tullius.)
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To: DeaconBenjamin
Well, we'll have to start using Watkins, Watson!


34 posted on 10/10/2011 8:30:23 PM PDT by Revolting cat! (Let us prey!)
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To: DeaconBenjamin

Change you can believe in I guess.


35 posted on 10/10/2011 8:36:06 PM PDT by rdl6989 (January 20, 2013 The end of an error.)
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To: newzjunkey; RetiredArmy
"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.


36 posted on 10/10/2011 8:42:27 PM PDT by familyop (cbt. engr. (cbt), NG, '89-' 96)
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To: af_vet_rr
“...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

37 posted on 10/10/2011 8:43:21 PM PDT by decal (Mother Nature and Real Life are conservatives - the Progs have never figured this out.)
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To: DeaconBenjamin

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


38 posted on 10/10/2011 8:51:29 PM PDT by baddog 219
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To: DeaconBenjamin
Let's go for the fake stuff from China!


39 posted on 10/10/2011 8:53:34 PM PDT by Revolting cat! (Let us prey!)
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To: decal

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.


40 posted on 10/10/2011 9:04:16 PM PDT by JoenTX (Don't Tread on Me)
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To: eak3

I just bought a 4 lb. (64 oz.) container at HEB (house brand) for $5.17 today. Most of their house brands are pretty good. I have bought their peanut butter before and like it.


41 posted on 10/10/2011 9:16:03 PM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: DeaconBenjamin

I use it for baking. I stock up when they go on sale with coupons so I get them for very little. Now if they go up by $1 or more, bye bye free/cheap peanut butter.


42 posted on 10/10/2011 9:20:40 PM PDT by Trillian
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To: ari-freedom
I thought peanut butter was banned everywhere by now!

I was on a flight recently, sitting near the back of the plane (a 767). The flight attendant came back to tell us that because someone sitting in our section (approx. last 15 rows) had a nut allergy, none of us would be served peanuts.

43 posted on 10/10/2011 9:20:46 PM PDT by PGR88 (I'm so open-minded my brains fell out)
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To: 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.

What are you worried about. The dollar will always be the world's reserve currency. Just like how the credit rating if the USA would never be downgraded. Just ask "Turbo-Tax" Timmy Gartner.

Mark

44 posted on 10/10/2011 9:23:01 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: JoenTX

We got 3.75 inches over the weekend. That is more than the total rainfall over the past 12 months. Since last October we had received between 2.5 and 2.9 inches of rain.

No one living has seen a weather pattern like this year in TX.

1895 might have been similar. Some of my ancestors left Haskell County due to the drought then. They came back in 1898.

I am just praying the drought is broken now.


45 posted on 10/10/2011 9:26:14 PM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: DeaconBenjamin

Anyone know if PB is edible after freezing?


46 posted on 10/10/2011 9:32:58 PM PDT by matthew fuller (Compromise on the Holocaust would have killed three million Jews.)
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To: matthew fuller

It’s possible.. They do sell frozen PB&J sandwiches (uncrustables), peanut butter cookie dough, desserts, etc.
This is what I found searching:

Can You Freeze Peanut Butter?

Peanut butter can be frozen, provided that a few simple precautions are followed to insure the continued viability of the product.

Freezing is Possible
Freezing of peanut butter is possible to extend the shelf life, provided that the container is sealed air tight. Because of the oils in peanut butter, the shelf life of the product naturally is quite long when stored at room temperature and freezing is generally not recommended.

Oil Will Separate
The primary concern with freezing peanut butter is that the oil will separate when thawed. Although the appearance and texture of the peanut butter will be affected by this separation, the product is still safe to eat.

Storage at Room Temperature
Peanut butter may be stored for extended periods of time at room temperature without any harm befalling the product. Most products will remain viable for at least a year if stored at room temperature. According to Peter Pan Peanut Butter, the shelf-life of its product is 18 months.

Refrigerate Rather Than Freeze
For locations where the room temperature will be warm, it is recommended that peanut butter be refrigerated. Refrigeration will also maintain the flavor of the product. However, refrigerated peanut butter will be more difficult to spread.

Jif Peanut Butter’s web site recommends that any of its product that is not eaten within the first three month’s of opening, should be refrigerated to retain the best flavor. Neither Jif nor Peter Pan recommend freezing peanut butter.

Keep Tightly Sealed
Exposure to air and heat will have a negative impact on peanut butter. For that reason it is best to keep the container tightly sealed.

http://www.ehow.com/facts_5776094_can-freeze-peanut-butter_.html

What Happens When You Freeze Peanut Butter?
In general, peanut butter has a shelf life of about 18 months when stored at room temperature. However, that shelf life can be extended by freezing the peanut butter. Freezing peanut butter can have some side effects that may undesirable, including decreased spreadability, freezer burn and oil separation.

Decreased Spreadability
As peanut butter gets cold, the product firms up and becomes much more difficult to remove from the jar, let alone spread over a piece of warm toast. Bear in mind that after removing frozen peanut butter from the fridge, you will need to either warm the product in the microwave or allow it to return slowly to room temperature in order to ensure maximum spreadability.

Oil Separation
As peanut butter freezes, some separation of oils can occur. While this can be a bit off-putting for people unfamiliar with similar phenomena occurring in all-natural peanut butter, this separation of oil from the product does not impair safety of the product. Vigorous stirring with or without heat can help to reconstitute the peanut butter spread after the oils have separated due to freezing.

Crystallization
If not tightly sealed, moisture in the air of the packaging can freeze, causing the formation of ice crystals or freezer burn. To minimize the formation of ice crystals, you may want to spoon the peanut butter from its original jar into plastic freezer bags, pressing all the air out before sealing them up.

Possible Effects on Flavor
The manufacturers of Peter Pan brand peanut butter suggest that storing peanut butter in the fridge in very warm climates can help to maintain the product’s optimum flavor more effectively than keeping it at room temperature. However, they do not state whether freezing peanut butter can have similar flavor-retaining properties, so you may want to compare the taste of peanut butter kept at room temperature, the fridge and the freezer to see which you prefer. However, it is worth noting that the makers of Peter Pan peanut butter do not recommend freezing their product as a general rule.

Freezing Foods With Peanut Butter
Foods that contain peanut butter, such as cookies or snack bars, are usually okay to freeze, and some notable jelly makers have branched out into the frozen PB&J sandwich market. In addition, some desserts containing peanut butter are designed to be frozen, such as frozen peanut butter pie or Martha Stewart’s frozen peanut butter and chocolate sandwiches.

http://www.ehow.com/info_8071986_happens-freeze-peanut-butter.html


47 posted on 10/10/2011 9:39:31 PM PDT by Trillian
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To: matthew fuller

Freezing will cause the oil to separate when thawed. The fridge would be much better for longer storage.


48 posted on 10/10/2011 9:40:34 PM PDT by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: DeaconBenjamin
Another reason why ELVIS (the KING, remember?) is so glad not to be among the living any more, thank you ma'am!


49 posted on 10/10/2011 9:44:26 PM PDT by Revolting cat! (Let us prey!)
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To: Trillian; JustaDumbBlonde

Thanks for the info- I think that I’ll buy a few extra jars and refrigerate them.


50 posted on 10/10/2011 9:48:11 PM PDT by matthew fuller (Compromise on the Holocaust would have killed three million Jews.)
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