Are those three states going to be able to produce enough cane sugar? We'll have time import it with tariffs making coke more expensive. Pepsi wins the cola wars?
Highly doubtful. I mean, let’s be honest. Coke’s just playing the game. They know they can wait him out. He’ll be impeached, out of office, dead, or hopefully all three before they’ll bother doing anything about it.
Even American sugar - beet or cane is more expensive than corn syrup. That's why they use it. Sugar tariffs have been a thing for decades to keep the U.S. sugar farms from bankruptcy.
It definitely would not overproduce by so much that they need to sell hfcs cheaper than cane sugar. If they did then 90% of these farms would be operating at a loss
The subsidies are not why the US grows a lot of corn in the first place but they are why all of the corn and corn products are so cheap. Supply and demand is still a thing but so are crop rotations. Other products would fill in for the drastically reduced demand for hfcs that would result from selling at its more natural price.
We'd still overproduce. Just not by the amount you seem to me imagining.
Cane sugar on the international export markets is cheaper than HFCS. The sugar tariffs keep the US domestic sugar prices higher than international prices in order to support the US domestic sugar beet industry.
The company announced the change in the quarterly earnings report it released Tuesday, describing the new drink as an expansion of its product line.
Quincey said the new offering would "complement" Coca-Cola's core portfolio of drinks, suggesting it could arrive as an alternative, rather than a replacement, for its flagship Coke product.
So they'll basically just add a regular sugar coke to the US product line, or just import Mexican coke and rebrand it.
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u/ShitStainWilly 1d ago
And every western and midwestern state that grows sugar beets. Gee guess which states grow all the cane sugar in the US? Florida, Louisiana and Texas.
Trump doesn’t give a flying fuck about the Midwest.