General Mills says come next week, 25 percent of its cereals will see a single digit price increase, the first in three-and-a-half years.
Kraft foods is looking at price increases on almost half of it's products.
Corn, which is in nearly everything, is at a 26 month high price in commodities.
Soybeans are priced higher, sugar is at a demand it hasn't seen in 20 years and pork is expected to jump up in cost by 4.5 percent.
http://www.kare11.com/news/news_article.aspx?storyid=881411&catid=14
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