How the Pandemic Affected Peanuts and Butterflies

Very different under normal conditions, peanut butter and butterflies become rather similar during a coronavirus lockdown.

Why Tariff Revenue Is Peanuts

A look at tariff revenue through the lens of a peanut farmer can reveal some unexpected facts about its size and who pays it.

When Real Peanut Butter Is Not What or Where You Expect

Required by commerce in a market system, standard weights and measures not only take us to the kilogram or second but also even peanut butter.

Peanut Butter Economics

Last year, we had a peanut shortage. As a result, Skippy raised its prices and Smucker’s removed its reduced-fat creamy peanut butter spread from supermarket shelves. But now, supply has responded. Predicting a record year, the USDA says the peanut crop will…

How is Peanut Butter an Economic Indicator?

The head of the Cleveland Fed cares about peanut butter sales. According to the WSJ, Sandra Pianalto, president of the Federal Reserve Bank of Cleveland, “likes to grill” the vice chairman of her board, jam CEO Richard Smucker, about peanut butter…

Peanut Butter Prices

Let’s say that you saw the price of Skippy peanut butter, Tropicana orange juice, and Quaker oatmeal went up. Would you be concerned about inflation? In a recent paper, researchers from Yale and the University of Chicago said it is…