Peanut Butter Prices Expected To Fall Due To Bumper Crop
date:Oct 29, 2012
an Peanut Council, an industry trade group. But peanut butter could become even more attractive as strong global demand, high prices for livestock feed and a huge sell-off of cattle and other animals in drought keep pushing up meat prices.

U.S. farmers are expected to produce more than 3 million tons of peanuts in 2012, according to figures released Oct. 11 by the U.S. Department of Agriculture. That's a 66 percent increase over 2011, when growers produced more than 1.8 million tons.

Experts s
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