I put this in TEOTWAWKI because A) peanut butter is a staple source of protein, and B) because if peanut butter becomes scarce or unavailable, it will be the end of my world as I know it. Looooooove me some peanut butter.
Article says to buy stock in Smuckers, ConAgra, Snyder & Lance, and Kraft. I'd rather have the peanut butter.
Hoard Peanut Butter as Prices Soar: 4 Stocks to BenefitPeanut butter lovers will soon face the brunt of soaring prices as
scorching heat and a drought in southern U.S. have ravaged the crop, resulting in zero yield in key producing states this year. On average, Americans spend almost $800 million a year on peanut butter products every year. The average American consumes more than six pounds of peanuts and peanut butter products each year, according to the National Peanut Board.
Prices for a ton of runner peanuts, used to make peanut butter, touched $1,200 mid-October, compared to $450 per ton in the same month a year ago, according to the U.S. Department of Agriculture.
Peanut production stood at 3.63 billion pounds in 2011, down 13% from last year's 4.16 billion pounds, the Department of Agriculture reveals.
