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This popular food item could skyrocket 40% in the next few weeks
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Wednesday, October 19, 2011
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From SHTFplan:

After having risen over 30% in just the last year, peanut crop damage is forcing wholesalers and grocery store retail chains to raise the price of this prepper staple as much as 40% in the next two weeks...

Another hot, dry summer has devastated this year's peanut crop, sending prices for the legume skyrocketing and forcing peanut-butter brands including J.M. Smucker Co.'s Jif, Unilever NV’s Skippy, and ConAgra Foods Inc.'s Peter Pan into startling price increases.

Wholesale prices for big-selling Jif are going up 30% starting in November, while...

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Jim Rogers: Higher food prices will spark riots soon

Inflation surprise: U.S. wholesale prices soared last month

Yesterday's inflation report was hiding some terrible news

Topics: Agriculture | Inflation | Commodities
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