I'm sure by now you guys have heard- though for once the internet was a little slow getting the news out.
The price of peanut butter is about to sky rocket. The hot, dry summer, coupled with farmers switching to more profitable crops, cause the peanut crop to drop by 13% this year compared to last year. JIF peanut butter is set to go up about 30%, while the new Planters peanut butter is going to be hiked up 40%. Rest assured, Great Value and the other brands will follow suit.
Companies that package nuts for snacks aren't sure yet whether their prices will go up, but I think we can expect to see a jump.
Scour the internet for peanut butter coupons and stock up now, before the higher prices hit the shelves. If you know your family will eat a jar of peanut butter a month, why not buy 10-12 jars now, at a discounted price? Just make sure you don't purchase more than you can eat before it goes bad, otherwise you are completely negating any savings.
Don't be afraid to call your favorite Peanut Butter company and ask for coupons- a friend of mine just called JIF and they are sending her some in the mail!
Here are a few coupons to get you started- I will update as I find more:
$0.60/2 Skippy Peanut Butter
$0.75/1 Planters (Target Printable)
$0/75/1 Smart Balance Peanut Butter
$1/1 Smart Balance Rich Roast Peanut Butter (SS 10/09/11)
$0.75/1 Smart Balance Rich Roast Peanut Butter (SS 10/09/11 RP)