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Mon., May 21, 2012 12:04pm
Peanut Prices Expected To Decline
Farmers are increasing acreage by 20-percent. Prices for peanut butter could decline in the fall, once crop makes its way into food. Prices last year broke records.
Tue., February 21, 2012 10:45am
Peanut Butter Sales Plummet
J.M. Smucker says sales of Jif slipped 10 percent. Company raised prices by 30 percent in November. Peanut prices spiked due to greater demand and increased input costs.
Fri., July 22, 2011 11:50am
Drought Shrinks Peanut Supplies
The drought is reducing the number of peanut plants coming out of the ground. Farmers also planted less this year. Peanut butter prices rising.