Peanut Butter Prices Expected To Fall Due To Bumper Crop
date:Oct 29, 2012
ay several factors created the perfect conditions for a banner year. High peanut prices after last year's small crop encouraged farmers to plant more; USDA figures show acreage was up nearly 50 percent in 2012 compared with a year earlier. Farmers in the Southeast also got a break in the weather. Spring came early, allowing them to plant sooner. Temperatures were generally milder, and thunderstorms in August and September provided some much-needed relief in the weeks before farmers began the pea
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