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Peanut Butter going up
http://online.wsj.com/article/SB1000...ghtMostPopular
As much as 35%!! <Choosy moms will have little choice but to pay more for peanut butter. Another hot, dry summer has devastated this year's peanut crop, sending prices for the legume skyrocketing and forcing peanut-butter brands including J.M. Smucker Co.'s Jif, Unilever NV's Skippy and ConAgra Foods Inc.'s Peter Pan into startling price increases. 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. Unilever wouldn't comment on its pricing plans, but a spokesman for Wegmans Food Markets, the closely held supermarket chain in the Northeast U.S., ... |
aw man...i wanted to see what wegmans said (you have to payto read the rest of the article). they are holding their price to 1.29 until the end of the year. I have about twenty-thirty jars in storage, and was not worried, but maybe I will get another ten (i will look on the shelf first). Peanut butter is nice, because it can be used for a meal, a sauce, or a dessert. We go through about a jar a month except at Easter/Christmas...when we use more for baking cookies/candymaking. I recently got about 15 jars of the new planters brand from store deals and coupons
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We don't eat too much peanut butter, but I have been buying a few jars every time I'm shopping. These predictions on price rise have been around a few months now....which has been a great blessing as we have been able to buy ahead to try to "hold out" while the prices are higher. This is the first time I've seen somone say "how much" the rise may be....35% is really high and will be very painful for many people.
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My kiddos love PB&J...I'm pretty well stocked as I saw it coming a month or two ago. Even so, the price has been creeping up. Now it's gone from creep to jump.
Love a pantry and storage. Matt |
We eat about 15 lbs of peanut butter every 4 months or so. I order a 15 pound pail from azure. It's 65$ right now. That's a lot. We kind of depend on it for the little kids. Excellent protein and fat for them.
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One 12 oz jar every year. Not a big deal here. One of the few areas where we can wipe our brows and go "whew."
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I just picked up two years' worth of peanut butter...and two jars of preserves, lol. You should have seen the checker's face! :D
I have plenty of jelly, jam and preserves already, but I'm trying a couple of new flavors, for me anyway, cinnamon pear preserves and vanilla cherry. |
Hmmm, peanut butter has been on great sales here for the past month. Like .99 a jar. Even the name brand stuff, but also some generic. We're stocking up!
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There was a thread a few weeks back about it going up and I had already been catching it on sale so I bought even more. Now I am seeing the higher prices in the store so I bought two more jars this week to add to my stash. Thanks to BOGO sales and coupons I have 24 jars of the medium and 12 jars of the larger ones so I guess I am set for awhile :)
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How long does peanut butter stay good for?
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There's another thread here somewhere talking about peanut butter too. I said there that I've used Peter Pan up to 3-1/2 years old with no problem, although they officially say it's good for 18 months.
It's been my experience that most foods last a lot longer than the official "use by" dates. I can't speak for other brands personally though. I do keep mine in a cool pantry/closet with no light other than when I get something out, don't know if that makes any difference or not. |
I thought it would go rancid if I bought so much that it sat in the pantry for some time. I buy mine in a large jar from Aldi's . I try to keep plenty on hand. We go thru so much of it with young men in the house. Plus our church food pantry sends a lot of it out the door too. Guess I'd like enough to see us through the winter, at least. Plus it's a good bug out food with whole wheat it becomes a good protein and fat to satisfy the belly.
-scrt crk |
We go through a jar about every other day. I am not sure how we are going to stockpile enough...
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http://stilltasty.com/fooditems/index/17925 and after two years it may still be edible as long as it was stored properly. I've eaten pb that was more than a year past the best by date and it was fine. |
Just bought a 2 quart jar at Krogers for $5.99. I've eaten PB that was stored in a cool/dry place that was over 5 years old without a problem. The key is cool and dry and out of direct sunlight, like the basement.
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That jar of peanut butter that is slightly off...Peanut Butter Quick Bread!!!!
There are several recipes on the net. Peanut Butter bread is quite tasty with honey or jam...and more peanut butter! Good French toast too. I found an un-opened jar in the mobile mansion last Spring, it was about three years old, found the bread recipe in a cook book from the 40's, gave it a try and am very pleased to not have to feed off peanut butter to the critters. |
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http://www.homesteadingtoday.com/sho...d.php?t=409882 |
As I walked into Sam's tonight the greeter told me That I better stock up on pb as it was going up at the end of this month. I told him that I already knew that:D.
It had already gone up a $1 from last month, but the butter, bacon and flour were down a some. |
I guess I am really not understanding why there is such a hype about PB prices going up. In the news? What about all the other food prices that are going up? Why is PB getting so much attention? And why is PB going up all the sudden?
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http://money.cnn.com/2011/10/14/mark....htm?hpt=hp_t2 Wholesale price was $450/ton last year, the harvest that's coming in now is $1200. That's how bad the shortage is. Peanut butter is a cheap staple protein in lower income households. Or at least it was until now. |
Maybe it's getting the hype because it's a more main stream product? So many people now don't scratch cook so they couldn't care less about the price of flour, beans, sugar and such. Of course some of them can't even be bothered to make a pb&j now, they have to buy them in the freezer section(a huge pet peeve of mine).
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Peanuts are big business here, and back in June/July when I started asking about peanut hay, I was told then the crop probably wasn't going to be worth a darn this year due to the heat/drought. I was fortunate to get my peanuts for boiling at about the same price as last year, but while peanut hay was all over CL last fall, it's few and far between this year.
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I got another 2 of the huge cans of jif for 6 bucks thru the church last night
ughhh hubby just says- well then we don't eat it- but to me not having it pre SHTF isn't an option if I can prevent it |
Remember the most important thing....What's goiong to happen to the price of PEANUT BUTTER CUPS!!! Yikes!
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Ok this isn't about peanut butter but yesterday at Harris Teeter (eastern virginia grocery store) I saw Bryers ice cream was 6.99 for the "half gallon" that isn't really a half gallon. Seven dollars!!!!!!
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Yes, it will be anything that has peanuts or peanut butter in it, and of course things like roasted peanuts and mixed nuts.
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I've been grabbing two large jars every time I go into the grocery store. But I forgot it's not just PB. I'll have to stock up on peanuts in general. Need to make an Aldi's run this week after work.
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Fast food joints absolutely love the fact that food prices are rising.
Lately we've been noticing fuller parking lots and longer lines at the drive-thru. |
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