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ADM, Ingredion Shares Down After Trump Says Coca-Cola Will Use Real Cane Sugar
Shares of Archer Daniels Midland and Ingredion retreated after President Donald Trump said Coca-Cola has agreed to use real cane sugar in U.S. drinks. ADM's stock was down 5.6% to $51.00 in after-hours trading on Wednesday, while shares of Ingredion slumped 7.7% to $124.90.
As investors prepped for Coke’s cane-sugar future, corn syrup producers Archer-Daniels-Midland and Ingredion both saw their ...
Archer-Daniels-Midland Co., the U.S.'s largest ethanol producer, is preparing to enter the sugar-cane-ethanol business in Brazil, company executives say. Such a move by the grain and ethanol ...
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