Kraft, Kellogg raising prices

January 31, 2008 1:46:33 PM PST
You will soon be paying more for some cereals, snacks, cheese and other items. Kraft and Kellogg both say they plan to raise prices on many of their products.

Kraft makes Oreos, Digiorno Pizza, various cheeses and Maxwell House coffee. Kellogg make several cereals, Pop-Tarts and Keebler cookies.

Both say the price increase will offset higher production and advertising costs.