Monday, October 17, 2011

Money Matters Monday--Peanut Butter Shortage


CNN recently reported that the cost of peanut butter is about to sky rocket. Supply is down, but demand is still up, and we all know from elementary school what is bound to happen. Planters is reporting a suspected increase of 40% by the end of the month!!! I know, just what we all need--another increase amidst a financial recession. If you like peanut butter, or have lots of school lunches to make like me, then it's time to stock up on your supply. Like this week if possible. I didn't know about this report, but feel lucky to have stocked up on the recent .88 cent/bottle of peanut butter at Buy Low. I have also seen them that low at Maceys recently, so check your local super market.

3 comments:

Denise said...

Nooo! Peanut butter is a staple around here, and it has to be one specific brand, too. I always watch for sales, but maybe I'd better stock up full-price, if that price is about to jump. Thanks for the heads up!

David and Jana said...

Good to know. I better stock up.

Amberlynn said...

Thanks Mel! I am going to stock up too. I linked your post on our playgroup blog. Luv ya cuz!