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ADM falls after Trump says Coca-Cola agreed to use real cane sugar in US

ReutersJul 17, 2025 1:57 PM

** Shares of agricultural commodities trader Archer-Daniels-Midland ADM.N fall 1.6% to $53.15 in morning trading

** U.S. President Donald Trump said on Wednesday that Coca-Cola KO.N had agreed to use cane sugar in its beverages in the U.S. after his discussions with the company

** ADM is a major U.S. producer of high-fructose corn syrup (HFCS), largely used in products like Coca‑Cola

** Trump's announcement that Coca-Cola will switch to real cane sugar, if it happens, threatens future HFCS orders, potentially lowering ADM's revenue

** Additionally, shares of U.S.-based food and beverage ingredient provider Ingredion INGR.N fall 1.7% to $133.01, and grains trader and processor Bunge BG.N down marginally

** Including session moves, ADM up 5.2% YTD

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