Peanut Butter prices will increase

Now is a good time to stock up on Peanut Butter!! 

The prices will increase next few weeks from now. 

Example if the peanut butter cost $2.50 will increase to $4.00 or more.. 

  Heres the message from the time news.. 

Thanks to a peanut shortage, you're going to pay more for your beloved Skippy in the near future. Time reports that the price of peanuts is on the rise, which means that peanut butter manufacturers are paying more for the key -- and often only -- ingredient in peanut butter. As it usually goes, you can expect that cost to be passed onto you.

Exactly how much more expensive is peanut butter going to be? Well, we're not talking peanuts here. The estimate ranges between a 25 and 40 percent peanut butter price increase. Ouch.

The peanut shortage is traced back to last spring, according to Time, when farmers saw dollar signs in their fields... in the form of cotton. Cotton sold at record-high prices last spring, so many farmers decided to plant cotton instead of peanuts.

Add some bad luck to the mix -- disease and drought in the peanut fields that existed -- and we're short on peanuts. The current economy isn't helping, either, as peanut butter has become more popular in the past few years, thanks to the reasonably priced protein it provides.