Thursday, November 17, 2011

Luxury Foods - We’re Not Talking Peanuts

One of the staples of American diets, peanut, as in peanut butter, as in peanut butter and jelly sandwiches, is going up 40% in price. We’re told the average child will have 1,500 peanut butter and jelly sandwiches before graduating high school. We see these facts to be correct. What have you changed in the product to raise the price from $450 a ton and up to almost $1,200? That’s getting kind of crunchy - in the budget anyway. And maybe down the road peanut will be considered more of a luxury treat. But for now, price-wise, it’s not just peanuts.

Posted by Unknown at Thursday, November 17, 2011

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