Debra Wiesen, 52, of Bay City has an annual Halloween tradition of making peanut butter cookies for her children. But a 13 percent drop in this year’s peanut harvest threatens to put that little treat to an end. Peanut butter producers nationwide plan to raise peanut butter prices in the coming months. According to an Associated Press report, J.M. Smucker Co., makers of Jif peanut butter, expect to raise its wholesale prices 30 percent in November. Kraft Foods Co., plans to raise its Planters peanut butter prices 40 percent at the end of this month, with more brands expected to follow suit throughout the year. “If peanut butter goes up like that, I won’t buy it,” said Wiesen while grocery shopping on Thursday at Kroger in Bangor Township.
Friday, October 14, 2011
Peanut shortage hitting peanut butter supply at Bay County stores
via MLive.com
Debra Wiesen, 52, of Bay City has an annual Halloween tradition of making peanut butter cookies for her children. But a 13 percent drop in this year’s peanut harvest threatens to put that little treat to an end. Peanut butter producers nationwide plan to raise peanut butter prices in the coming months. According to an Associated Press report, J.M. Smucker Co., makers of Jif peanut butter, expect to raise its wholesale prices 30 percent in November. Kraft Foods Co., plans to raise its Planters peanut butter prices 40 percent at the end of this month, with more brands expected to follow suit throughout the year. “If peanut butter goes up like that, I won’t buy it,” said Wiesen while grocery shopping on Thursday at Kroger in Bangor Township.
Debra Wiesen, 52, of Bay City has an annual Halloween tradition of making peanut butter cookies for her children. But a 13 percent drop in this year’s peanut harvest threatens to put that little treat to an end. Peanut butter producers nationwide plan to raise peanut butter prices in the coming months. According to an Associated Press report, J.M. Smucker Co., makers of Jif peanut butter, expect to raise its wholesale prices 30 percent in November. Kraft Foods Co., plans to raise its Planters peanut butter prices 40 percent at the end of this month, with more brands expected to follow suit throughout the year. “If peanut butter goes up like that, I won’t buy it,” said Wiesen while grocery shopping on Thursday at Kroger in Bangor Township.
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