Friday, October 14, 2011

Poor, Poor Peanut Crops.......








It's an interesting thought, when you think of how many of the major crops that produce staples in the American diet, have failed in recent years. We've heard about the price of corn soaring, the blight in wheat fields, the decreased availability of rice...and now peanuts. The droughts and low yield of peanuts this year has recently been reported going to lead to a major increase in the cost of peanut butter and other peanut-based products.

It's just one more tidbit to ponder over when you start your shopping adventures and notice the shocking increases in the costs of food. I'm totally convinced and dedicated to the principle of short-term and long-term food storage. I can weather this peanut crisis better than most. But for the average consumer--what will your spread of choice be when you are choosing between $5 a jar peanut butter and 33cent cans of tuna? It's not like we eat peanut butter and jelly sandwiches everyday--but when the prices soar and you run low in the pantry reserves, you always seem to crave it more then before. Know what I mean? So with the elements and crop failures out of our control...those few bottles of peanut butter, that are stacked somewhere between the diced tomatoes and the elbow macaroni, seem like my personal nuggets of gold right now.
http://www.wreg.com/news/wdaf-prepare-to-shell-out-the-dough-for-peanuts-20111011,0,438043.story?track=rss

Organizations and families that rely on these staples obviously are going to feel the price increases the most. But like corn products and by-products that we take for granted--we don't always see the number of brands that include peanuts, peanut oil, or make peanut-based products. We'll see increased prices in numerous candies, sauces, oil, and oil by-products.

It just makes me want to go NUTS!!!

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