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Basil is growing thick and leafy in many backyard gardens throughout the U.S. right now, which means many people are thinking about pesto. It's one of the more basic sauces you can make — in addition to basil, all you need is Parmesan or Romano cheese, a little garlic, some extra virgin olive oil and Italian pine nuts.

But if you've looked for them at the grocery store recently, you know those little Italian nuts sport a big price tag. Hungry bugs and warmer temperatures have severely diminished harvests. Now it's not uncommon to see them selling for $60 to $120 a pound.

Julia della Croce, author of Italian Home Cooking, says it's a global problem.

"Even in Italy, where they're also very expensive, they keep them under lock and key in the shops," she says. "So even the Italians can't afford them."

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