Where did peanut butter jelly time go?

Peanut butter jelly time is a reference to a popular children's song from the 1960s called "The Ants Go Marching". The full phrase is "Peanut butter, peanut butter, peanut butter and jelly, peanut butter, peanut butter, peanut butter and jelly, peanut butter, peanut butter, peanut butter and jelly-TIME!" The song is still sung by children today and has been featured in movies and TV shows.