Sunday, October 16, 2011

Stocking up on Peanut Butter

One of the latest products which is going to be costing you more is peanut butter. Peanut crops were severely affected because of the drought in the south this summer. Due to the shortage of peanuts, the price of peanut butter and other products containing peanuts will be increasing in prices.

Some peanut butter companies have already raise their prices by a least 50 cents and some reports predict prices could increase up to a dollar a jar.

I have written previously about stocking up on items you use regularly when on sale. In addition to this, it may be wise to start stocking up on items (1 or 2 extra) of products you use regularly now before prices start increasing on other products.

Also, with holiday baking coming up, consider what you are planning on making and what items you will need to buy. Now would be the time to stock up on peanut butter and other nut products to save money.

With the prices of peanuts increasing, this also means that in most cases the candy companies that use peanuts will also need to increase their prices, it they have not already because of other costs increasing such as gas.

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