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Mom!!! Peanut Butter Prices About To Soar
Sorry kids but mom may have to really give you a jam sandwich Your PB&J is about to be more costly. After searing hot weather devastated the summer crop of Runner peanuts, the variety mostly used to make peanut butter, raw peanuts that cost about $450 a ton in 2010 now cost $1,150 a ton, according to USDA figures. The crunch will affect the 90% of U.S. households that consume peanut butter – Americans eat about 1.5 million pounds of peanut products annually.