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Tips for storing yeast.
You can extend the life of yeast by storing it in the freezer. Active dry yeast can be stored in the freezer for up to a year. Freeze it in sealed plastic or glass container and be sure to mark it with the date of purchase.
I keep 2 lb. bag Fleishman's Yeast in freezer up to 2 months after opening. Got the tip from Alton Brown of Good Eats! on the Food Network. Net savings is $74.00 and the yeast does proof!
In my fridge freezer I have a tupperware container with yeast in it. I bet the yeast is at least 3 years old. I used to make my own bread and now do not and so use a lot less yeast. I have not noticed any lack of inability for the yeast to rise because it is "old". It has been stored in the freezer and in the tupperware container since I bought it. So... just because the yeast may be over 6 months to 1 year in age, as long as it still rises... great, use it.
I would suggest buying yeast in bulk at sams or a resturant supply. I buy it for $1.59 a pound. This is about the same price as a 3 strip packages of yeast. This will reduce the price to a few cents per package equivalent.
Not that I suppose it matters a whole heck of a lot but it is Alton Brown that is the chef on "Good Eats" on the foodnetwork.....not Aaron Brown!
I once stored yeast in the freezer but on thawing it just went into a liquid. I did not use it. Just want to know if this is usual.