date:Oct 29, 2012
d in 2011. That could mean a price drop at the grocery store.
After last year's small crop, we saw peanut butter prices on average rise 30 percent or more, said Patrick Archer, president of the American Peanut Council. With this year's excellent crop, the supply and demand should come back into balance and peanut butter prices should come back to a more normal level at the retail level.
A 10 percent decrease on a $3 jar of peanut butter, for example, would translate to a savings of 30 cents. T