The Price of Peanut Butter
Although most schools are completely nut-free, I think I can confidently say that most families who don’t have kids with peanut allergies in residence likely have a jar of peanut butter in their home. I just took a quick look and discovered three jars in my own household: organic natural, organic natural crunchy and Kraft peanut butter.
For me, it’s a great source of protein and one of my favourite toppings for toast and/or apples. My consumption may dwindle in the coming months though, if recent reports about an increase in the price of peanut butter are true. According to a recent article in The Toronto Star, it’s going to happen. A drought in the southern US and a decision by American farmers to seed less acreage in peanut crops and plant more cotton, has resulted in smaller peanut yields, so the price of a regular jar of peanut butter’even the organic kind from the health food stores’is likely going up this year. In Canada, manufacturers can’t be specific about when (or how much) prices will increase, but all signals point to a price increase. They are saying it might be a gigantic increase’as much as 30 to 45%’so I’m planning on stocking up sooner than later.
Will a change in the price of peanut butter affect your decision to purchase it? Will you look for alternatives instead, like seed or other nut butters?
