Corn Products International, Inc., which makes high-fructose corn syrup, outperformed estimates and said that their 4th quarter profits rose 40 percent. (SOURCE: Chicago Tribune )
On one hand, I find this surprising, since people seem to be trying to stay away from high-fructose corn syrup. On the other hand, competing with ethanol demand probably sent prices up a bit. If ethanol causes the price of HFCS to go up by very much, I would bet that we will be seeing a lot more companies offering “organic” products in the grocery store in the next few years!