Trump's Cane Sugar Plan Sparks Industry Concerns and Market Fluctuations

TL;DR Summary
U.S. corn producers warn that President Trump's push for Coca-Cola to switch from corn syrup to cane sugar could harm American agricultural jobs and industry, despite Coca-Cola's ambiguous response. The move could increase demand for imported cane sugar, impacting domestic farmers and the broader industry, but experts suggest the overall effect on corn syrup demand might be limited due to its small share in the market. The debate is also influenced by political and trade considerations, including longstanding sugar tariffs and lobbying efforts.
- Trump’s bid to add cane sugar to Coke would cost America thousands of agricultural jobs, trade group warns Fortune
- They Grew Up on Mexican Coke. Trump’s Cane Sugar Plan Makes Them Uneasy. The New York Times
- Coca-Cola dodges after Trump says soda will switch back to cane sugar NBC News
- Coca-Cola defends corn syrup after Trump claims he struck cane sugar deal The Guardian
- Shares of high fructose syrup producer ADM fall after Trump says Coca-Cola agrees to use real cane sugar CNBC
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