magining a world where chocolate becomes a costly luxury is hard enough — but now peanut butter, too? The reliable sandwich spread is becoming problematic, thanks to a peanut shortage that's sending prices skyrocketing, reports Tiffany Hsu of the Los Angeles Times. After searingly hot weather devastated the summer crop of Runner peanuts, the variety most widely used to make the creamy — or crunchy! — spread, the cost of raw peanuts has nearly tripled. A look at the numbers behind this "scary" new development:
3.46 billion
Pounds of peanuts that will be harvested this year, down 17 percent from 2010
30
Years since the United States has experienced a peanut harvest this bad. Blame "high heat, strong winds, and bone-dry conditions," say researchers from New Mexico State University.
$450
The cost of a ton of Runner peanuts in 2010
$1,150
The cost of a ton of Runner peanuts in 2011
30
Percentage increase in the price of Jif
35
Percentage increase in the price of Skippy
90
Percentage of U.S. households that consume peanut butter
10
Percentage increase of peanut butter consumption in the U.S. since 2008. It's a "much more affordable protein option for families" than meat or fish, says Kim Conte at The Stir.
$4 billion
Amount the peanut industry contributes each year to the domestic economy, according to the National Peanut Board
550
The number of peanuts it takes to make one 12 oz. jar of peanut butter
$0.94
The price hike for an 18-ounce jar of Jif peanut butter, which currently costs $3.14 at a Target store in New Jersey
Sources: Cafe Mom, Food Reference, Huffington Post, LA Times (2), Wall Street Journal
- How a female sex pill could save marriage
- Happy Memorial Day: Your BBQ grill may have more germs than a toilet seat
- My husband has a small penis. Help!
- 5 ways the Samsung Galaxy S4 stunned an iPhone user
- 32 TV shows to watch in 2013 [Updated]
- A linguistic dissection of 7 annoying teenage sounds
- Is it possible to think without language?
- Stockholm is burning: Why the Swedish riots bode ill for Europe
- Is Wall Street literally writing America's laws now?
- WATCH: Suspect defends brutal beheading of London man in broad daylight
- How a female sex pill could save marriage
- Is it possible to think without language?
- Is Wall Street literally writing America's laws now?
- 5 ways the Samsung Galaxy S4 stunned an iPhone user
- Before Midnight is the most important cinematic love story of all time
- 5 fascinating reasons cockroaches will outlive us all
- Operation Swill: New Jersey's top-shelf liquor scam
- My husband doesn't want me to get a tattoo. Help!
- Apple's iPhone 5S: Everything we know so far [Updated]
- A linguistic dissection of 7 annoying teenage sounds
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||













