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Corn Products International, Inc. Profits Up

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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!

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