Domestic use of high fructose corn syrup continues to fall, according to the U.S. Department of Agriculture.
HFCS Prices Near Records as Usage Nears Lows
The four major U.S. corn syrup makers are raising prices at a time of slowing demand. Corn sweetener manufacturers like Archer Daniels Midland and Cargill sent letters to customers earlier this month that were obtained by Reuters, and seek to lock in prices for 2017. High-fructose corn syrup, or HFCS, is trading at the highest in U.S. Department of Agriculture …