Wednesday, October 12, 2011

Peanut Butter Prices Rising

According to the Wall Street Journal peanut butter prices will be rising in the next few weeks. 
". . . a 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.”
So what's a shopper to do?  STOCK UP!  Check your stockpile and see where you stand.  Then watch for sales so you can restock while the prices are still low.  Here's what I've found currently:

TARGET
•Planters Peanut Butter, $1.99
$0.75/1 Planters Peanut Butter, Target printable
$1.25 each after coupon

CVS (price through 10/15)
•Jif Peanut Butter, $2

WALGREENS (starting 10/23)
•Planters Peanut Butter (with in ad coupon), $1.50

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