Kellogg's Fruit Loops

Question

Corn, wheat, and oat flour; sugar; partially hydrogenated vegetable oil (one or more of: coconut, cottonseed, and soybean); salt; sodium ascorbate and ascorbic acid (vitamin C); yellow #6; niacinamide; reduced iron; natural orange, lemon, cherry, raspberry, blueberry, lime, and other natural flavors; red #40 yellow #5; blue #2, zinc oxide; turmeric color; pyridoxine hydrochloride (vitamin B6); blue #1; riboflavin (vitamin B2); thiamin hydrochloride (vitamin B1); annatto color; vitamin A palmitate; BHT (preservative); folic acid; vitamin B12; and vitamin D. This product is listed as dairy, but I cannot find the milk. Moreover, almost every cereal (and, perhaps, US-made food product) has allergy warnings if the food has or "may have" traces of egg, milk, soybean, nuts, etc. I find it baffling as to how this and several other Kellogg's cereals have no allergy warnings for milk, and yet are labeled as dairy.