General Mills To Raise Prices On Yogurt, Cereal, Other Foods Due To Inflation | The Daily Wire
General Mills (GIS) notified retail customers that it’s raising prices in mid-January on hundreds of items across dozens of brands. They include Annie’s, Progresso, Yoplait, Fruit Roll-Ups, Betty Crocker, Pillsbury, Cheerios, Cinnamon Toast Crunch, Lucky Charm’s, Wheaties, Reese’s Puffs, Trix and more, according to letters General Mills sent to at least one major regional wholesale supplier last week.
For some items, prices will go up by around 20% beginning next year.
The wholesaler shared General Mills’ letters with CNN Business on the condition of anonymity to protect the company’s relationship with its suppliers. A leader at the company said it plans to push along all of the increases to its grocery and convenience store customers. He expects they will then pass them down to shoppers.
Along with General Mills, Tyson Foods — the second-largest meat and poultry producer in the United States — is raising prices to deal with the “accelerating and unprecedented inflation” threatening all of its business units.
Wonderful. But according to Team Biden, this is only a problem for the rich. I don’t know about you, but I doubt that I’m getting a 20% raise next year.
You voted for this. I warned you, but you voted for it anyway.
No comments:
Post a Comment