It's About Liberty: A Conservative Forum
Topics => TEOTWAWKI => Topic started by: IronDioPriest on November 03, 2011, 02:08:54 PM
-
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 Benefit (http://www.thestreet.com/story/11297658/1/hoard-peanut-butter-prices-soaring-on-crop-failure.html)
Peanut 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.
-
Beck's been saying for a week that prices for peanut butter will increase 40% next week. So. Get moving y'all.
eta: Just wondering if California WAS a producing state before the water was shut off.
Gotta think they might be trying to starve us. ::foilhathelicopter::
-
Been trying to hoard it but I keep eating it so fast... ;D
-
Yeah, the trouble with hoarding PB is that it disappears to fast!
-
It's clear you peanut butter junkies do not know the first thing about hoarding. Tsk. To maintain a hoard, one must increase one's acquisitions past one's tendency to consume by doubling or trebling the replacement rate.
-
I had to inform the wife today that the boys and I will starve with no peanut butter. She didn't find it amusing.
-
May I suggest {scribbles note to self} that if you're going to stock up on peanut butter and you like chunky, buy some smooth or creamy, too. Creamy peanut butter can be used in cooking.
-
I'll have to check the inventory, I thought we had a fair amount on hand, but a second check can't hurt.