Is Cheese club Shells And Cheese safe?

Full ingredient label

ENRICHED MACARONI PRODUCT (WHEAT FLOUR, FERROUS SULFATE, NIACIN, CALCIUM CARBONATE, THIAMIN MONONITRATE, RIBOFLAVIN, FOLIC ACID), LIQUID CHEESE SAUCE (WATER, CHEDDAR CHEESE [PASTEURIZED MILK, CHEESE CULTURE, SALT, ENZYMES], SOY AND/OR CANOLA OIL, WHEY, NON-FAT DRY MILK, MALTODEXTRIN, SODIUM PHOSPHATE), NATURAL FLAVORS, SALT, COLOR ADDED (BETA CAROTENE SOLUTION, PAPRIKA OLEORESIN SOLUTION), LACTIC ACID, SODIUM ALGINATE, MONO AND DIGLYCERIDES, XANTHAN GUM. CONTAINS: WHEAT, MILK.