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Sat Oct 27, 2012, 12:12 AM

Amid bumper crop, families could get PB&J break

Source: AP-Excite

By GREG SCHREIER

ATLANTA (AP) - Choosy moms and dads may be packing more PB&J in lunches this winter, when the cost of a jar of Jif or Skippy is expected to fall even as other grocery prices rise.

Peanut butter prices soared last year after a drought and high heat in the Southeast, where most peanuts are grown. This year, that region got a break while farmers in most of the rest of the United States suffered huge losses in the widest drought in decades.

Farmers are now expected to bring in two-thirds more peanuts than they did in 2011. That could mean a price drop at the grocery store.

"After last year's small crop, we saw peanut butter prices on average rise 30 percent or more," said Patrick Archer, president of the American Peanut Council. "With this year's excellent crop, the supply and demand should come back into balance and peanut butter prices should come back to a more normal level at the retail level."

FULL story at link.


Read more: http://apnews.excite.com/article/20121026/DA25A8J02.html




Peanut grower Armond Morris examines peanuts ready for harvest at his Irwinville, Ga., farm on Thursday, Oct. 25, 2012. Morris, like most Georgia farmers, is expecting a banner year for peanuts. (AP Photo/Todd Stone)

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Reply Amid bumper crop, families could get PB&J break (Original post)
Omaha Steve Oct 2012 OP
Purveyor Oct 2012 #1
Lilma Oct 2012 #2
loli phabay Oct 2012 #3
elleng Oct 2012 #4
TM99 Oct 2012 #5
uppityperson Oct 2012 #6
noamnety Oct 2012 #7

Response to Omaha Steve (Original post)

Sat Oct 27, 2012, 12:18 AM

1. As one that has many articles removed from the B/N category...you offer us this? Where is OKnancy

when she is really needed?

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Response to Omaha Steve (Original post)

Sat Oct 27, 2012, 01:01 AM

2. Good news

This is good news for me. My husband eats peanut butter like it is cheap. Maybe it will be cheaper in the future.

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Response to Omaha Steve (Original post)

Sat Oct 27, 2012, 01:07 AM

3. screw peanut butter, i hate teh stuff now give me nutella anyday.

 

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Response to loli phabay (Reply #3)

Sat Oct 27, 2012, 01:14 AM

4. Ditto, but dogs for whom I'm sitting found my NEW bottle of Nutella, and ALL GONE!

Back to the grocery!!!

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Response to Omaha Steve (Original post)

Sat Oct 27, 2012, 08:23 AM

5. Terrific, but....

can we make sure it isn't all tainted with more salmonella?

After the PCA incident in 2009 and the most recent Sunland recalls, I have become hesitant to eat peanut butter. I always loved the stuff, but with chronic health problems, I am not willing to take the risk.

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Response to Omaha Steve (Original post)

Sat Oct 27, 2012, 02:38 PM

6. That'd be good. I was amazed how much pb cost recently.

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Response to Omaha Steve (Original post)

Sun Oct 28, 2012, 02:26 PM

7. That would be amazing for me.

My kids at school are going through about 2 jars a week. I could use a break there.

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