Get free help preparing your taxes from AARP Foundation Tax-Aide. Find a location

AARP Bulletin

Why You Should Stock Up on Peanut Butter

Weather will affect food prices, here is what to stock up on - pasta in strainer

Summer weather is behind fall's higher prices for peanut butter, pasta and more. — Photo by Victor Albrow/Gallerystock

Now is a good time to stock up on some common staple foods. After a summer of weather that damaged several crops, expect an autumn of higher prices.

See also: 50 healthy foods that cost less than $1 per pound.

Peanut butter is about to reach new heights — beyond the roof of your mouth. The summer's scorching temperatures and dry weather in peanut-growing states such as Georgia and Texas devastated the year's peanut crop, driving wholesale prices up. Prices for leading brand Jif will jump 30 percent in November, company officials recently announced.

Have extra freezer space? Then use it to store beef, pork and poultry before expected price hikes of up to 6 percent in early 2012. That will result from the summer's weather hurting the Midwest corn crop, driving up the cost of the main feed source for cows, hogs, turkeys and chickens.

And because of flooding in the South, about 1 million acres of durum wheat used in pasta were not planted, so expect pasta prices to head north.

Overall, eat-at-home food prices will probably rise about 4 percent in 2012, the Agriculture Department says, after a similar increase this year.

Also of interest: Do empty nesters save at warehouse clubs? >>

Sid Kirchheimer writes about consumer and health issues.

tax form

Need Help Filing Your Taxes? Get free assistance from AARP Foundation Tax-Aide.

Also of Interest

Join AARP Today — Receive access to exclusive information, benefits and discounts

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts


Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

membership benefit financial college aarp

Advice on saving for education from AARP® College Savings Solutions from TIAA-CREF.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

member benefit aarp financial service auto insurance

AARP® Auto Insurance Program from The Hartford offers members no-cost quotes.

Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Advance your skills. Transform your career.

Explore your learning possibilities.