Trump replaced Coca-Cola's ingredients — why it could bankrupt farmers.
U.S. President Donald Trump announced that he has agreed with Coca-Cola to use cane sugar instead of corn syrup as a sweetener.
Reuters considers this possibility in its material.
Health Minister Robert F. Kennedy Jr. and activists of his campaign, 'Make America Healthy Again' (MAHA), insist on changes to the ingredients used in the food and beverage industries, claiming that the proposed substitutes are healthier.
Interestingly, Coca-Cola already sells beverages made with cane sugar in other markets, including Mexico, and some grocery stores in the U.S. sell glass bottles of cane sugar with the label 'Mexican' Coca-Cola.
Industry analysts have stated that changes in the recipe of the remaining Coca-Cola sold in the U.S. as well as other beverages and candies will necessitate significant adjustments in the supply chains of the companies, as corn syrup and sugar come from different producers. This will also involve changes in product labeling and increase its cost.
The Corn Producers Association stated that a complete exclusion of corn syrup would lead to corn prices dropping to 34 cents per bushel, resulting in a loss of farm revenues amounting to $5.1 billion.
Summary
U.S. President Donald Trump has agreed with Coca-Cola to use cane sugar instead of corn syrup as a sweetener, supporting the initiative for healthy eating. However, this change could cause problems for farmers who grow corn, as they could face losses amounting to billions of dollars due to falling commodity prices.
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