Peanut Butter Prices To Skyrocket
Expect to pay more for your next jar of peanut butter. A LOT more!
The makers of Jif peanut butter have said they expect to raise prices by 30-percent because of higher peanut costs.
Mother Nature is largely to blame for the upcoming price increase.
Georgia farmers are expected to produce the smallest crop of peanuts in more than two decades because of bad weather and a shift toward other crops.
As a result, the price of peanuts is up.