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Scott Olson, Getty Images
Scott Olson, Getty Images
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Peanut Butter Price Hike Could Make Things Sticky for Consumers

Peanut butter has been a staple for frugal food lovers for years, but a looming price increase could make it more of a luxury item before the end of the year.

Facing shortages after a dismal peanut harvest, producers have begun implementing steep price hikes, and consumers will start feeling the pinch this week — adding to a general rise in the cost of food throughout 2011. 

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