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Shares of High Fructose Syrup Producer ADM Fall After Trump Says Coca-Cola Agrees to Use Real Cane Sugar
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.
“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.”
Texas AG Paxton Launches Investigation Into Company That Makes Skittles, M&M’s Over Use of Dyes
Texas Attorney General Ken Paxton has launched an investigation into a multinational food manufacturing company over what he refers to “deceptive trade practices that violate Texas consumers’ rights.” Paxton claims that Virginia-based Mars, Incorporated has not removed toxic dyes from products sold in the U.S., despite the company publicly pledging to do so in 2016. The attorney general also claims that the company did remove artificial colors from its products sold in Europe.
Toxic dyes — which are used in textiles and some foods — have been linked to various health problems, such as Attention-Deficit/Hyperactivity Disorder, autism and cancer. In January, the U.S. Food and Drug Administration banned a dye called Red 3 from the nation’s food supply, nearly 35 years after it was barred from cosmetics because of a potential cancer risk. Scientists discovered its links to cancer in lab rats more than 30 years ago.
Mars is the maker of various candies, including Skittles, M&M’s, Milky Way and Twix. The company also makes pet food under brands like Iams and Pedigree, although no pet food brands were mentioned in Paxton’s announcement. Paxton said he has issued a Civil Investigative Demand, or CID, to obtain documents from Mars as part of the investigation.
Robert F. Kennedy Jr. Supports Expanded Dietary Recommendations for Dairy Products
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. is shaking up the nutritional landscape by publicly supporting expanded dietary recommendations for dairy products, raising eyebrows across the medical community.”I grew up in a world where milk was the healthiest thing that you could eat,” Kennedy said, adding new research suggests protein and healthy fats should be more prominent in American diets.
“There’s a tremendous amount of emerging science that talks about the need for more protein in our diet and more fats in our diet. And there’s no industry that does that better than this industry.” But Kennedy’s statements clash with guidance from public health authorities.
The greater medical community, along with the Centers for Disease Control and Prevention, continues to advise adults to limit saturated fat, widely present in full-fat dairy, due to its links to heart disease. The U.S. Food and Drug Administration Commissioner Marty Makary, however, is backing Kennedy’s push, saying, “We are going to have dietary guidelines that are based on science, not based on medical dogma.”
FDA to End Dozens of ‘Obsolete’ Rules for U.S. Food Items
The federal government says its ending a whole slew of “obsolete” U.S. food standards that Trump administration officials say also include “unnecessary” ones. “I’m eliminating outdated food regulations that no longer serve the interests of American families,” stated U.S. Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday.
The U.S. Food and Drug Administration announced that it’s revoking, or proposing to revoke, 52 federal standards for scores of food products in items such as canned fruit, vegetables, dairy, baked goods and macaroni products. It will also apply to areas of food safety, packaging, manufacturing and production practices and nutrition information, labeling and claims on American-made products.
A proposal targets 23 types of product — bakery, noodle and macaroni products, canned fruit juices, fish and shellfish along with flavoring and food dressings. Kennedy said his new U.S. food policy changes marked a “crucial step in my drive to cut through bureaucratic red tape, increase transparency and remove regulations that have outlived their purpose.”
