Inferior corn crop has supply-chain ramifications
date:Aug 10, 2012
ons for American consumers, as well as export markets for HFCS, especially Mexico. Most soft drink manufacturers lock in their sweetener costs with year-long contracts that insulate them from many of the markets gyrations. Mr. Meyers noted, however, that in July, year over year, net corn costs were up 16% and, if the main ingredient is high-fructose corn syrup, retail costs for 2013 may be up 20% or more, he said. Negotiations for 2013 corn sweetener contracting were expected to take shape after
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