Production from the affected facilities will be transitioned to other General Mills locations.
On the industrial front, the OCP Group continued to expand its fertilizer production capacity with the completion of new projects.
Management attributed the positive results to several factors, including reduced interest rates, favorable weather patterns, and enhanced operational efficiencies.
The Grains & Oilseeds Platform had lower operating results in the context of softened origination and processing margins amid policy uncertainty around tariffs and tax credits.
General Mills remains confident in its ability to return to dollar growth after the initial phase of price investments.