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October 15, 2011
00:33 • 1 year ago

Peanut butter cups run dry? Prices increase on the nutty stuff

Tags: nuts peanut butter peanut butter prices peanuts peter pan planters runner peanuts skippy

  • $450 the price per ton of runner peanuts, the kind of peanuts generally used to make peanut butter, last year
  • $1,200 the price per ton of runner peanuts this year, according to the U.S. Department of Agriculture source

» Raise prices? That’s nuts! The result of a fairly weak peanut harvest? You might have to reach for another product next time you want to make a sandwich. Kraft plans to raise prices of its Planters peanut butter by 40 percent next month; Peter Pan, the peanut butter that never grows up, will fly to a 20 percent higher price, and damn skippy, the makers of Skippy are watching the situation closely. The spread on this one is that it’s pretty likely your cookies are going to be less awesome next time around. Bummer. We kinda like your cookies.

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45 notes from really cool Tumblrs like ours:

  1. ihopenotsporadically reblogged this from absolutzo
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  3. absolutzo reblogged this from shortformblog and added:
    Uh oh, Chris.
  4. texnessa reblogged this from shortformblog and added:
    this is highly relevant to my interests
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  7. annieoakley5ever said: So stock up on peanut butter now? Gottdam, peanut butter was my cheap tasty non-meaty protein source. Mother.fucker.
  8. quixotic-ari reblogged this from shortformblog and added:
    Who’s been speculating on peanut futures?
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    MY SOLE SOURCE OF SUSTENANCE, NOOOOOO. Really? Damn you, climate change. I’ve lived off
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