Shares of high fructose syrup producer ADM fall after Trump says Coca-Cola agrees to use real cane sugar
Publishing timestamp: 2025-07-17 12:17:40
Summary
ADM shares fell after President Trump announced Coca-Cola's decision to use real cane sugar in its drinks in the U.S. Coca-Cola did not confirm the decision but said more details will be shared soon. Trump's announcement caused ADM's stock to drop, while Coca-Cola's shares rose. The Corn Refiners Association warned about potential job losses due to the switch from high fructose corn syrup to cane sugar. Trump administration has been calling on food companies to reformulate products.
Sentiment: MIXED
Tickers: PEP, INGR, ADM, @SB.1, KO,
Keywords: ingredion inc, coca-cola co, donald j. trump, breaking news: markets, donald trump, archer-daniels-midland co, food and drink, sugar (mar'23), breaking news: politics, business news, markets, politics, pepsico inc,