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General Mills to meet organic production goals by 2019

General Mills said it will now reach its goal of having 250,000 organic acres by 2019, which is sooner than expected. With more acres to source organic ingredients, the company expects to reach $1 billion in net sales from natural and organic products by 2019. The company said it is working with farmers and growers to help meet the production goals. The natural and organic food segment is expected to drive double-digit sales growth across the industry for the next five years. Shares of General Mills have gained 7% in one month, compared to the S&P 500’s gain of 7%.

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Hillary Clinton, Donald Trump win Mississippi primaries

Hillary Clinton and Donald Trump won primaries in Mississippi on Tuesday, networks projected. Clinton, a Democrat, beat rival Bernie Sanders, while Republican Trump defeated Ted Cruz, Marco Rubio and John Kasich. The victories solidify the candidates’ marches toward the Democratic and Republican presidential nominations. Forty-one delegates were at stake for Democrats and 40 for Republicans.

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Hillary Clinton wins Mississippi primary, Republicans too close to call

Hillary Clinton won Mississippi’s Democratic primary on Tuesday, networks projected. A winner had yet to be called on the Republican side shortly after polls closed at 8 p.m. Eastern, but Donald Trump and Ted Cruz were in a close fight. Forty-one delegates were at stake for Democrats and 40 for Republicans.

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General Mills raises quarterly dividend, elects new board member

General Mills Inc. raised its quarterly dividend 4.5% to 46 cents per share, the company said in a Tuesday release. Dividends are payable May 2 to shareholders of record as of April 11. Including the new May payment, General Mills dividends per share in fiscal 2016 will total $1.78, up 7% from $1.67 for the previous fiscal year. The company also announced that Maria Henry has been elected to the board of directors, effective June 1. Henry joined Kimberly-Clark Corp. in 2015 and serves as the company’s chief financial officer. General Mills shares closed Tuesday up 0.6% at $59.95. The company’s shares are up 23.9% for the past year, while the S&P 500 is down 4.4% for the same period.

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API data show U.S. oil supplies up 4.4 million barrels: sources

The American Petroleum Institute late Tuesday reported that crude supplies rose by 4.4 million barrels for the week ended March 4, according to sources who reviewed the report. The closely-watched Energy Information Administration report will be released Wednesday. Analysts polled by Platts forecast a climb of 3 million barrels for crude inventories. April crude traded at $36.30 a barrel in electronic trading, down from the contract’s settlement of $36.50 on the New York Mercantile Exchange.

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