President Trump announced Wednesday night that Coca-Cola would begin using cane sugar in its products, calling it “just better!” on Truth Social. Though Coca-Cola did not confirm a full switch, the post triggered immediate backlash from the Corn Refiners Association, which warned that such a move could cost thousands of U.S. food manufacturing jobs.
“Replacing high fructose corn syrup with cane sugar would depress farm income, increase foreign sugar imports, and offer no nutritional benefit,” said John Bode, president of the association that represents major U.S. corn processors.
The shift could deliver a blow to Iowa, the top corn-producing state, while benefiting Florida, the nation’s leading cane sugar producer. Economically, the news sent shockwaves through the market: shares of Archer Daniels Midland fell nearly 6% Thursday morning, wiping out roughly $1.5 billion in market value, while Ingredion stock dropped almost 7%.
Trump’s initiative adds another flashpoint to a packed policy agenda that already includes the Jeffrey Epstein controversy and ongoing trade tensions. What began as a comment on soda now has serious implications for agriculture, manufacturing, and Capitol Hill.
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