Low-carb craze boosts peanuts’ popularity

Filed under: In The News — Tags: — @ July 20, 2004

The consumption of peanuts and peanut butter is up 10 percent over the past year thanks to the popularity of low-carb, high-protein diets.

bq. Tyron Spearman, director of the National Peanut Buying Points Association, said crop prices are reaching record heights–from $355 to $404 a ton on the posted price, which translates into $3 to $5 million for farmers.

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