Will Soda Makers Shuck Corn for Sugar?

Deutsche Bank downgrades Corn Products amid concern that soft drink makers are evaluating a switch from high fructose corn syrup to sugar

With its new rep as a heavy hitter in the energy industry, corn may be getting a little too pricey for those who depend on the grain in its traditional role as a foodstuff. Prices for the yellow grain have skyrocketed over the past year, though they pulled back a bit on Mar. 30 after the release of a much-touted Agriculture Dept. report that predicted that farmers would plant 90.5 million acres of corn this year, above already inflated expectations (see BusinessWeek.com, 3/30/07, "Has Corn Hit Its Peak?").

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