Overview

• President Trump posted on Truth Social that Coca-Cola agreed to replace high-fructose corn syrup with real cane sugar in its U.S. bottling.
• Coca-Cola issued a brief statement thanking the president for his enthusiasm without confirming any change to its American formulas.
• The Corn Refiners Association cautioned that abandoning corn syrup could cost thousands of jobs in the U.S. agro-industry and increase reliance on foreign sugar.
• Shares of major corn processors Archer-Daniels-Midland and Ingredion fell sharply after the announcement.
• No timeline or formal plan for any switch has been disclosed, leaving the scope and feasibility of the proposal unclear.