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May be time to hoard some Peanut Butter! (Health)

posted by bibleprobe(R) Homepage, Mass., 10.31.2011

It may be time to hoard/stock up on some Peanut Butter! I'd look for the 'Jif' creamy, low sodium 'Natural'. 'low-sodium' 'all natural' peanut butter that is 90% peanuts. Has no hydrogenated oils.

And it tastes great. Unlike other all-natural peanut butter
you do not refrigerate it - and the oils don't separate.

[image]

Look for it in stores - as peanut butter prices will soon triple due to the hot summer of last. I can only find it in 'Shaws' supermarkets here in the NE - I hoarded seven 2-lb bottles. Great healthy low calorie, low fat, low sodium, high protein breakfast - on a single slice of multi-grain bread.

I bought a 2 lb 8 oz (40 oz) jar of this today for $6.25. Watch that price go to $14-$15 by late winter. In my area of NE Mass/Salem, NH, only Shaws Supermarkets carry that Jif 'Natural' 90% peanut butter.

I think it may have been done even better than it is now though, by substituting psalm oil with cocoanut oil. Yet, as is it is still one of the healthiest products on the market.

Steve @ BibleProbe.com

Peanut butter prices skyrocketing
By James O'Toole October 31, 2011: 7:02 PM ET

NEW YORK (CNNMoney) -- Trick-or-treaters might want to hold on to those

Reese's Cups this Halloween as sharp increases in peanut butter prices have begun going into effect following one of the worst peanut harvests in decades.

Kraft (KFT, Fortune 500) will raise prices for its Planters brand peanut butter by 40% starting Monday, while ConAgra (CAG, Fortune 500) has instituted increases of more than 20% for its Peter Pan brand that went into effect this month.

Prices for a ton of runner peanuts, commonly used to make peanut butter, hit nearly $1,200 this month, according to the U.S. Department of Agriculture. That's up from just $450 per ton a year ago. Overall, the USDA projects that American peanut production will hit 3.6 billion pounds this year, down 13% from last year.

Analysts attribute this drop to the intense heat and drought that hit the southern U.S. this year, as well as to high prices for other crops that led farmers to focus their efforts elsewhere.


Finish reading this at CNN:
http://money.cnn.com/2011/10/31/markets/peanut_butter_prices/

 


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