The Latest Breaking News from General Mills

June S&P 500 E-Mini futures (ESM24) are down -0.07%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as market participants refrained from making big bets ahead of the eagerly awaited Federal Reserve decision that will help shape the outlook for interest rates this year.

Studies have found traces of a potentially harmful pesticide in 80% of US urine samples

Exclusive: three out of five at briefing playing down concerns over UPFs have ties to makers of such foods

"You actually can find Kernza turning up in breads, crackers, cereals and flours . . ."

"We don’t really expect a huge rebound in our pet business for the rest of this year," said General Mills CEO Jeffrey Harmening.

The Dow Jones Industrial Average rose 0.6% as IBM jumped 3.5% to the highest since December.

The Dow Jones rose Wednesday ahead of today's Federal Reserve policy decision and Powell's comments. Cathie Wood sold more Tesla stock.

Consumer staples stocks, like Mondelez and General Mills, have been punished by investors as analysts lighten up their recession forecasts. For savvy investors, this could be an opportunity to load up on portfolio protection.

As Wall Street starts to lose its risk appetite, here's a look at two of the largest food companies in the world to determine which is the better pick for investors looking to play defense with their portfolios.