Peanut Butter Hoarding

Have you heard the news recently?  Peanut butter prices may rise as much as 40% over the next few weeks.  Some people are saying we could expect to pay as much as $6 a jar.  This seems to be what everyone is talking about on the news, twitter, blogs, facebook and other social sites recently.  Being vegan, we eat a lot of peanut butter in the house as a staple to our daily diet.  We love it on bread, dipped with apples, add it to smoothies and the list goes on. 

So do we believe the media or chalk it up to be all a marketing hype?  Well, it seems that this is one of the worst peanut harvests we have seen in decades.  Which will result in skyrocketing prices in the stores very soon, if not already.  You can read more about it here or just google "peanut butter price increase" and you will get a lot of recent articles on this subject.

What are your thoughts on all of this?  Will you go out and buy an extra jar or two in the next few days or just ride it out?  Will this cause a huge hoarding scare to where we may see bare shelves where once peanut butter used to sit?  Only time will tell, but I am not taking this chance with my two little boys.  Yep, I fell into the trap, went online to amazon.com and just brought 12 jars of it so we are set for the next few months.  My boys are in the very picky eating stage and pb&j sandwiches seem to be a staple in our house at all times.  Let's just hope it isn't as bad we expect, but if it is, I am prepared so to speak/eat!