Say it ain't so: One of the cheapest sandwiches you can make at home soon won't cost so little.
By Karen Datko on Mon, Sep 26, 2011 4:57 PM
The cost of one of the cheapest sandwiches in the brown-bagger's repertoire is about to go up -- in a very big way.
J.M. Smucker Co., owner of popular brand Jif, announced a 30% price hike for November -- just in time for National Peanut Butter Lovers Month -- and it won't be the only peanut butter maker to raise prices.
Smucker says it will increase the price of the "J" part of PB&J by 4% too.
"So as consumers we're buying peanut butter for a little more than $3 a jar (and) we're going to be paying over $4 a jar when that price increase hits," Shelly Nutt, the exquisitely named executive director of the Texas Peanut Producers, told the Fox TV station in Lubbock, Texas. "And I think we're going to see it for all the peanut butter companies, not just Jif."
H/T Survivalblog
Stephen
J.M. Smucker Co., owner of popular brand Jif, announced a 30% price hike for November -- just in time for National Peanut Butter Lovers Month -- and it won't be the only peanut butter maker to raise prices.
Smucker says it will increase the price of the "J" part of PB&J by 4% too.
"So as consumers we're buying peanut butter for a little more than $3 a jar (and) we're going to be paying over $4 a jar when that price increase hits," Shelly Nutt, the exquisitely named executive director of the Texas Peanut Producers, told the Fox TV station in Lubbock, Texas. "And I think we're going to see it for all the peanut butter companies, not just Jif."
H/T Survivalblog
Stephen