Hershey Considering Replacing High-Fructose Corn Syrup With Sugar In Some Products
By Mary Beth Quirk | Consumerist.com
By Mary Beth Quirk | Consumerist.com
As of this writing Sugar is trading at $.167 cents a pound erstwhile according to the USDA in October dry high fructose corn syrup on the wholesale market was going for $.2993 cents to $.3279 cents a pound depending on the type (either #42 or #55).
Don't get me wrong, I think it's a good thing to get rid of HFCS, but let's not pretend a big part of the decision wasn't based on ingredient costs. If one ingredient cost almost half of the other I'm certain any company or individual would consider it foolish to do otherwise.
In short this is good news not only for Hershey's bottom line, but for consumers as well.
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