For General Mills, Shortages Lead to Price Increases

Ongoing supply chain issues have created material shortages and rising input costs for General Mills.

Disruptions of materials such as fats, oils, starch, and packaging have made it difficult to keep up with demand for General Mills’ ready-to-bake products, pizzas, and hot snacks.

General Mills resorted to changing its recipes to keep products on shelves.  Increased labor, transportation, and raw and packaging materials costs mean that the company will charge customers more for its products.


Video Spotlight:  

Russian-Ukraine War’s Effect on Wheat and Corn Supply

With Ukraine supplying 16% of corn and 12% of wheat for global markets, and Russia providing 17% of global wheat needs, the war between their countries is impacting food supplies and prices.

Ukraine had a bumper crop of corn for the 2021-2022 year, but only a little over half has been shipped out.  Now, with ports closed and conflict raging, commercial vessels can no longer access this critical commodity.

In addition, spring crops need to be planted, and it is unclear to […]

Restaurants Face Continuing Shortages

Restaurants face price increases on food ingredients and unpredictable availability.

As they attempt to reopen to customers as COVID-19 restrictions ease, some items are unavailable. Food industry suppliers scaled back servicing restaurants during the pandemic, and will take time to ramp up production to catch up with returning demand.


Video Spotlight:  


This post is based […]

Wendy’s: Where’s the Beef?

In the 1980s, Wendy’s ran a very successful advertising campaign with the now-famous phrase, “Where’s the beef?”

This phrase has taken on new meaning as just under 20% of the company’s restaurants are out of beef.  Obviously, this is a difficult problem as Wendy’s is famous for its hamburgers.

The problem traces its origins to meat processing plants that are shut down, or are shutting down due to problems with a large number of workers contacting coronavirus.  These shut downs are now […]

Go to Top