US EditionCoke's shift to cane sugar would be expensive, hurt US farmers
UNITED STATES, JUL 17 – Switching to cane sugar could raise Coca-Cola's costs by over $1 billion and reduce U.S. corn farm revenue by $5.1 billion, industry analysts said.
- On Wednesday, President Donald Trump announced that following their talks, Coca-Cola will switch to using genuine cane sugar in its U.S.-made soft drinks.
- This announcement follows ongoing concerns about high-fructose corn syrup's health effects and questions about supply chain and economic impacts from switching sweeteners.
- Industry experts highlighted that switching from high fructose corn syrup to cane sugar as a sweetener would necessitate expensive supply chain modifications and likely lead to higher product costs, affecting both farmers and consumers.
- Nebraska is responsible for roughly 17% of the country’s high-fructose corn syrup production, and a drop in domestic demand could lead to losses as high as $625 million in the state, with broader impacts across the nation.
- The shift could reduce American manufacturing jobs, boost foreign sugar imports, and cause economic strain on corn farmers despite Coca-Cola promising forthcoming product innovations.
18 Articles
18 Articles
Omaha World-Herald
Nebraska corn producers fret after Trump announces Coca-Cola will switch to cane sugar
After President Trump's announcement that Coca-Cola will begin using cane sugar, Nebraska famers wonder how that will affect demand.
Coke’s shift to cane sugar would be expensive, hurt US farmers - Hawaii Tribune-Herald
NEW YORK — A possible move by Coca-Cola, and other beverage and food industries, to use cane sugar instead of corn syrup as a sweetener would be difficult and expensive to implement, while mostly negative for farmers in the United States. U.S. President Donald Trump said on Wednesday that Coca-Cola had agreed to use cane sugar in its beverages in the country after his discussions with the maker of the top soda pop brand.
Coke's shift to cane sugar would be expensive, hurt US farmers
A possible move by Coca-Cola , and other beverage and food industries, to use cane sugar instead of corn syrup as a sweetener would be difficult and expensive to implement, while mostly negative for farmers in the United States.
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