Coca-Cola to Sell Cane Sugar Soda in US
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Coke’s cane sugar announcement bugs some farmers, but is unlikely to impact South Dakota corn prices
Very little of South Dakota’s corn is used to produce sweetened beverages, but the crop’s boosters in the state say a nationwide shift toward cane sugar is an unwelcome sign for corn farmers. Coca-Cola announced its intention to offer cane sugar-sweetened beverages this week.
PepsiCo and Dr Pepper have sold versions of their flagship sodas sweetened with cane sugar since 2009. Coca-Cola has sold Mexican Coke — which uses cane sugar — in the U.S. since 2005, but it’s positioned a trendy alternative and sold in glass bottles. Coke with cane sugar will likely be more widely available.
October NY world sugar #11 today is up +0.15 (+0.81%), and Oct London ICE white sugar #5 is up +7.80 (+1.50%).Sugar prices today are moderately higher. Today's rally of more than +2% in crude oil ...
NY world sugar #11 (SBV25) today is down -0.15 (-0.92%), and October London ICE white sugar #5 (SWV25) is down -2.70 (-0.57%). Sugar prices today added to Monday's sharp losses, with NY sugar posting a 1.
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Daily Times on MSNSenators slam govt over soaring sugar prices
The government faced strong criticism in the Senate on Monday for failing to control the rising price of sugar. Lawmakers accused authorities of supporting market mafias and ignoring consumer rights.
Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.60 (+2.30%), and Dec London white sugar #5 (SWZ23 ) closed +7.30 (+1.03%). Sugar prices Thursday recovered from 3-week lows and closed ...