Peanut Butter Prices Are Rising By 24 to 40 Percent
Posted on October 11th, 2011 by MoverMike
Beverly says she better stock up!
“The Wall Street Journal reports that wholesale prices for Jif are going up 30 percent beginning in November. Peter Pan will increase its prices by as much as 24 percent in a couple of weeks. Skippy prices are already 30 to 35 percent higher now than they were a year ago, and Kraft Foods Inc., which launched Planters peanut butter in June, is raising its prices by 40 percent on October 31.”
That’s because they want you to go out and buy buy buy….
Of course inflation is coming. Its already here. The time to load up was about 6 to 12 months ago. You MISSED that train!!