Ugh makes me sad, I am such a peanut butter aholic it isn't funny. Guess I will need to add to my stock and hope it goes down, (although that is doubtful, usually once something goes up, it never comes back down. )
Thank you Spirit Deer, I did not know that it could be frozen, I guess because it is never here long enough to worry about it. I like peanut butter what can I say. I usually have at least 4 jars on the shelf, plus the one that is being used in the kitchen. That is about a month supply.
Thanks for the headsup...I'm gonna start stockpiling it again....
Wegmans sells their brand which is very good for .99. Nest time I'm there I'm gonna pick up a bunch...good to know that it can be frozen too...thanks for that tip!
I don't know how you guys feel about buying this stuff online, but I got a pretty good deal on 3 jars of peter pan pb at amazon.com.
They're 40oz jars for 11.58 (if you use swagbucks or have any amazon kindle special offers it's a GREAT deal--I used a $5 off $10 kindle special offer and was able to get those 3 40oz jars for $6.58 shipped using amazon prime free shipping--total $0.05/oz) and they have a 1/2013 expiration date.
I was in a store that sells to restaurants this morning. They carry the bigger containers of food. They had a 5 pound plastic bucket of peanut butter for $ 8.95 . Which is less than $ 2 a pound. I guess I need to double check my inventory to see what I have for peanut butter.
Also remember the price of cotton went up, and some farmers who would normally grow peanuts, grew cotton to sell.
They can't blame a small crop, all on the weather this summer.
Also I was reading that the government is looking to cut back on the subsidies given to farmers for different crops. So if the farmer can't get some help from the government, there may be more cutbacks in what farmers will plant in the future.
If you don't already garden, you want to give some serious thought to growing some of your own food. Nothing is going to go down in price. And then what food, you do need to buy, you need to be buying ahead when you see a sale.
On the news this evening they said the cost of peanuts was $1,000.00 a ton. That we would see the price increase next month. Great just in time for my holiday baking.
So I will check out Sam's Costco and GFS for their price and purchase some.
I heard this as well today! Needless to say I went and bought 2 jars and thinking about getting a few more jars ( Christmas without peanut butter blossoms????!!!! I can see it now!). Also DD has an obsession with PB&J sandwiches, she hardly eats anything but for that (actually she had a PB&J for each meal even breakfast!).
I went to Sunday Dinner and bought 5 lbs for 10.25 two weeks ago. It was the last one on the shelf. Today I bought another 5 lb container for 13.35. I think this will last me quite awhile.
I was at Costco on Monday. Everyone had peanut butter in their carts and not just one unit of 2...but 3 or 4 units. The checker said it was unbelieveable how many jars had been sold! The price was $7.99 for 2 jars 48 oz each (Skippy). That comes out to .08 an oz.
I went to Costco yesterday for my usual, every 6 weeks shop, and had peanut butter on my list, as we are almost out. Costco was completely out of the 2-pack Skippy I usually get. All they had was natural organic, which is always beyond my budget.
So, wow, thanks to the news of rising prices, the subsequent panic induced, and the shelf-clearers, there was no peanut butter to be had for people who just want to buy one package. *sigh*
I don't think news about upcoming price increases and shortages benefits anyone but the manufacturers and retailers who are able sell all their product, much faster than normal, at whatever price they want.
Kara
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