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ADM, Ingredion Shares Down After Trump Says Coca-Cola Will Use Real Cane Sugar
Shares of Archer Daniels Midland and Ingredion retreated after President Donald Trump said Coca-Cola has agreed to use real cane sugar in U.S. drinks. ADM's stock was down 5.6% to $51.00 in after-hours trading on Wednesday, while shares of Ingredion slumped 7.7% to $124.90.
As investors prepped for Coke’s cane-sugar future, corn syrup producers Archer-Daniels-Midland and Ingredion both saw their ...
To produce one pound of HFCS, the industry uses around 2.5 pounds of corn, so a large shift in corn syrup use in the U.S.
ADM and Cabrera to form joint venture to process sugar cane DECATUR, Ill. -- Archer Daniels Midland Co. (NYSE:ADM) and Grupo Cabrera have an-nounced an agreement to form a joint venture to ...
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