General Mills

General Mills is studying streamlining operations due to the cost of grain and dairy soaring. General Mills reported a one percent fiscal fourth-quarter earnings increase and said it would look to streamlined operations and price hikes to stay profitable in 2008. They are the makers of Wheaties and Cheerios cereals, Yoplait yogurt, and Progresso soup said it expected prices for raw materials to increase 5 percent next year, including $260 million increase in the cost of corn, oats, natural oils and dairy.