Southern Crop

Southern Crop

General Mills, Peers Slide after Sounding Inflation Alarm for Food Industry

General Mills (GIS -9.4%) sinks more than 9% after lowering operating profit guidance for the full fiscal year ending in May, citing higher prices for grains, nuts and dairy as well as 20-year highs in North American freight costs during February.


Read more

Related Articles

FDA Concludes Consultation on Pink Flesh Pineapple

Del Monte Fresh Produce (DMFP) Pineapple Genetically Engineered to have Pink Flesh – The FDA has concluded that “… there are no unresolved safety or regulatory questions about the pineapple …” – FDA notes that “… DMFP submitted information to the agency to demonstrate that the pink flesh pineapple is[…]

Read More »