October 12th, 2011

BREAKING: Peanut Butter Prices to Soar Up to 40%

Peanut Butter sandwich

Yikes! Wall Street Journal just released a news report yesterday that prices of peanuts will be skyrocketing in the next few weeks :(:

  • Kraft’s Planter’s brand will rise 40% at the end of the month.
  • Unilever, which owns the Skippy brand, would not comment on pricing, but one report says Skippy prices will go up  35%.
  • J.M. Smucker Co’s Jif is going up 30% beginning in November.
  • Conagra’s Peter Pan brand will rise 24% in the next few weeks.

Watch WSJ news video on this story. We’ll keep you posted on any Peanut Butter deals that pop-up in the new few weeks or feel free to check out Amazon.com for some Peanut Butter deals as well. Do you know of any deals?

(thanks to all the readers for the heads up)

Find more in : Frugal Talk




Comments on this entry are closed.

  • Shelly October 12, 2011, 1:56 PM

    Glad I have a stockpile of peanut butter I think I have enough to last a year even baking cookies

    • deborah October 13, 2011, 4:22 PM

      Wow! How did you get such a great stockpile? Peanut Butter is something we use a lot. I’ve had a few coupons for peanut butter, but not nearly enough!

  • Amy Ortiz October 12, 2011, 1:57 PM

    Thank God I stocked up on Planters peanut butter when it was free (or nearly free)

  • nora fraser October 12, 2011, 2:05 PM

    I am wondering what else is going up so I can stock up on it. Is there a list somewhere. I know every year cheese and milk and eggs goes up in january. I think the cows and chickens have a union or something.

  • Whitney McQuarry October 12, 2011, 2:54 PM

    This is terrible. 🙁 I do A LOT of baking with peanut butter.

  • Audrey October 13, 2011, 12:42 PM

    Thank god I have over 20 jars of peanut butter stocked up!

  • CJ October 14, 2011, 12:29 PM

    I got Planters at Target the other day for 24 cents: $1.99 – $1 manuf printable -.75 Target printable. I only use a couple jars of PB a year so luckily this price increase wont affect me much.
    Planters is supposed to be on sale at Walgreens for $1.50 the week of Oct 23.