Food Industry CEOs (General Mills, Super Value) Talk Costs & Inflation

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March 27, 2008

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As food prices surge, America’s supermarkets are also feeling the pain. While consumer food prices are up five percent, wholesale prices have soared a whopping 20 percent.

CNBC talked to the chief executives of General Mills and SuperValu to get their takes on food costs, inflation and the economy.

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General Mills
General Mills, Inc. (General Mills) is a manufacturer and marketer of branded consumer foods sold through retail stores.

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