Archer Daniels Midland (ADM) has slipped after President Trump claimed that Coca-Cola will use "real cane sugar" in the US, a move that could impact ADM's sales. Trump's statement contradicts Coca-Cola's decision to use corn syrup in its US products. ADM's stock has fallen amid the controversy.
Title: Archer Daniels Midland (ADM) Stock Slips Amid Trump's Cane Sugar Announcement
Archer Daniels Midland (ADM) saw its stock fall in response to President Trump's announcement that Coca-Cola (KO) plans to use "real cane sugar" in its U.S. products. The move, which contradicts Coca-Cola's current use of high-fructose corn syrup, could have significant implications for ADM, a leading processor of corn-based sweeteners.
On Thursday, President Trump shared the news on social media, stating that Coca-Cola has agreed to use "REAL Cane Sugar" in its U.S. beverages. This shift could displace high-fructose corn syrup, creating an oversupply of corn and potentially harming ADM's corn-processing business. Bloomberg Intelligence analyst Alvin Tai highlighted this potential impact, noting that U.S. sugar consumption could rise by 4.4% if Coca-Cola implements the change [1].
Coca-Cola acknowledged the president's comments but did not confirm a full switch to cane sugar. The company stated, "We appreciate President Trump’s enthusiasm for our iconic Coca-Cola brand. More details on new innovative offerings within our Coca-Cola product range will be shared soon" [1].
The commercial production of high-fructose corn syrup takes place in Iowa, where ADM has key plants. The shift to cane sugar could affect the agricultural commodities sector, benefiting sugar producers but potentially harming corn processors like ADM. The move also comes amid broader discussions about the use of certain ingredients in food products, as part of the administration's "Make America Healthy Again" agenda [3].
ADM's stock price has fallen amid the controversy, with shares slipping by as much as 5.6% in premarket trading. The move could reverberate throughout the agricultural commodities sector, impacting other corn processors and stakeholders in the industry [1].
References
[1] https://ih.advfn.com/market-news/article/12911/archer-daniels-midland-shares-tumble-following-trumps-coca-cola-sugar-announcement
[2] https://fortune.com/2025/07/16/trump-coca-cola-real-cane-sugar-mexican-coke-corn-syrup/
[3] https://www.investopedia.com/adm-ingredion-stocks-slip-as-trump-says-coca-cola-will-switch-to-cane-sugar-in-the-us-11774039
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