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Corn Sweetener Use Declines

2013-01-06 23:45:00| Corn & Soybean Digest

Changing beverage preferences and new sweetener options slow demand. As corn stocks ballooned and prices tanked during the 1980s farm crisis, one gleam of good news came from a new corn product high-fructose corn syrup (HFCS). In 1984, major soft drink companies replaced colas sugar with 100% HFCS, and corn use for the sweetener hit 310 million bu. By 1999, HFCS use was above 550 million bu. and almost even with corn use for fuel ethanol. Since then, however, corn use for HFCS has contracted by 16%. This year, USDA ERS forecasts use at just 485 million bushels. read more

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