The Georgia Record By Staff Writer
Shares of high fructose corn syrup producer Archer-Daniels-Midlan fell on Thursday after President Donald Trump announced that he had persuaded Coca-Cola to use real cane sugar in its drinks in the U.S., reported CNBC.
“I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so. I’d like to thank all of those in authority at Coca-Cola,” the president wrote in a Truth Social post published Wednesday. “This will be a very good move by them — You’ll see. It’s just better!” Trump also wrote. ADM shares were last down 2%. But the stock tumbled as much as 6% in the premarket on the comments. Global ingredients provider Ingredion shares were recently 2% lower, but that stock fell as much as 7% before the market’s open.
The move comes as ADM’s stock has seen gains over the past few months, having risen 10% over the last three. It’s jumped 4% in 2025. When asked about Trump’s announcement, Coca-Cola did not explicitly agree to the change. “We appreciate President Trump’s enthusiasm for our iconic Coca-Cola brand,” the company said in a statement. “More details on new innovative offerings within our Coca-Cola product range will be shared soon.”
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