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Peanut Butter Prices Rising 24-40% by End of October, Stock Up Now

I received an email from a reader today about the recent article in the Wall Street Journal that said the price of peanut butter will be rising 24-40% in the next few weeks.  This is bad news for a mom whose kids love peanut butter.

Why the increase? Again according to the The Wall Street Journal:

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.

You can read more on the peanut issues here or here.

It looks like it is time to stock up. So, if you know of any good deals going on leave a comment and share.

The week of 10/23-10/29, Walgreens is advertising Planters Peanut Butter (16.3oz) jars at 2 for $3 with in-ad coupon.

You may also want to go ahead and print this $0.60/2 Skippy Peanut Butter Products coupon  and this $.75/1 Planters Peanut Butter  TARGET coupon

Comments

  1. Food City has had Jif 18oz. jars for $1.99 for the last few weeks and is advertising it again this week. Not a great price, but not bad. My hubby is a Jif snob and it just has to be Jif and nothing else at our house. 🙂

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