{"id":4054,"date":"2011-07-17T19:33:58","date_gmt":"2011-07-18T01:33:58","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=4054"},"modified":"2011-07-17T19:33:58","modified_gmt":"2011-07-18T01:33:58","slug":"general-mills-hits-out-at-ethanol-subsidies","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=4054","title":{"rendered":"General Mills hits out at ethanol subsidies"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/076dae94-aee9-11e0-9310-00144feabdc0.html\">Alan Rappeport:<\/a><\/p>\n<blockquote><p><i>General Mills hit out at ethanol subsidies as a driver of rising food prices in the US, arguing that they needlessly fuel inflation.<\/p>\n<p>\u201cWe\u2019re driving up food prices unnecessarily,\u201d Ken Powell, chief executive of General Mills, said in an interview with the Financial Times. \u201cIf corn prices go up, wheat goes up. It\u2019s all linked.\u201d<\/p>\n<p>General Mills, which makes Cheerios cereal, Progresso soup and H\u00e4agen-Dazs ice-cream, is the world\u2019s sixth-largest food company by revenues. It said last month that it expects its input costs to increase up to 11 per cent next year as it lowered its earnings forecast on inflation fears.<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Alan Rappeport: General Mills hit out at ethanol subsidies as a driver of rising food prices in the US, arguing that they needlessly fuel inflation. \u201cWe\u2019re driving up food prices unnecessarily,\u201d Ken Powell, chief executive of General Mills, said in an interview with the Financial Times. \u201cIf corn prices go up, wheat goes up. It\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4054"}],"collection":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4054"}],"version-history":[{"count":1,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4054\/revisions"}],"predecessor-version":[{"id":4055,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4054\/revisions\/4055"}],"wp:attachment":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4054"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}