Coca-Cola, Trump and ADM
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Shares of corn syrup suppliers Archer Daniels Midland (NYSE:ADM) and Ingredion (NYSE:INGR) -1% and -1.1% in Thursday's trading, respectively, paring earlier declines of more than 6%, after President Trump said Coca-Cola (KO) would return to using cane sugar in its namesake soda.
These companies and their bottlers buy about 70 percent of all the corn-based […] Skip to content. All Sections. Subscribe Now. 77°F. ... News | CORN SYRUP STICKY FOR ADM, RIVALS
ADM settles corn syrup case for $400 million. Archer Daniels Midland Co. said on Thursday it had reached a $400 million settlement in a class-action civil lawsuit that accused the agribusiness ...
Well, yes, but that scenario would also spur rising sugar prices and — if I’m right — mean surging profitability for ADM’s high-fructose corn syrup operation. Some companies just can’t lose.