These two popular peanut butters are about to skyrocket in the price

Your next PB & J will cost a little more.


Holdbread and jelly - The price you pay to the grocery store for two brands of popular peanut butter is about to increase, as well as other items.

Jif and Skippy are already or more expensive thanks to previous winter storms, the current pandemic, the shortage of truck drivers, at transportation costs and delays, and even the recent block of the Suez Canal by A cargo ship. J.M. Smucker has already raised the price of the last fall of peanut butter JIF when peanut cultures have fallen and its costs have increased, according toCNBC andABC News. Competitors like Skippy do the same. (In touch:Grocery shortages to wait in 2021, according to experts.)

"In this case, and especially in peanut butter, it was very clear that we lived pressure on the costs and that we could demonstrate that on our trading partners, etc." J.M. PDG of Smucker, Mark Smucker, said last November.Eat this, not that!has reached both companies for more information.

If this information arouses some already seen, we do not blame you. At the end of March and early April 2020 were quite hectic for grocery suppliers and buyers. But this time, there are probably no wholesale purchases or serious shortages that last months.

However, several other products will cost you more, with the average cost of grocery stores of 3.5% since this period of last year, according to the United States Labor Statistics Office. Hormel (which also owns Skippy) increases prices on Turkey on the ground due to higher poultry feeding costs and generate cheerios hiking mills through freight manufacturing costs.

Do not worry, there are ways to save on your next trip. here is30 hacks shopping to save money at the grocery store. And to get all the latest news on the articles in your grocery list delivered directly to your inbox by email every day,Subscribe to our newsletter!


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