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A Trend Projection of High Fructose Corn Syrup Substitution for Sugar

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  • Hoy F. Carman

Abstract

High fructose corn syrup is a comparatively low-priced sugar substitute which is experiencing rapid demand growth. A simple logistical trend model suggests that both per capita and total U.S. sugar consumption will decrease for several years as high fructose corn syrup is adopted. The impact on domestic sugar producers under current policy is minimal with costs borne primarily by sugar-exporting countries. Food manufacturers can reduce production costs, and some of this may be passed to consumers in lower product prices. Per capita consumer savings, however, will be small. The impact on corn prices also will be small.

Suggested Citation

  • Hoy F. Carman, 1982. "A Trend Projection of High Fructose Corn Syrup Substitution for Sugar," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(4), pages 625-633.
    • Handle: RePEc:oup:ajagec:v:64:y:1982:i:4:p:625-633.
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    File URL: http://hdl.handle.net/10.2307/1240571
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    Cited by:

    1. Lee, Dae-Seob & Kennedy, P. Lynn, 2005. "Demand behavior of U.S. high fructose corn syrup (HFCS) and its implication for the U.S. sweetener market: a cointegration analysis," 2005 Annual meeting, July 24-27, Providence, RI 19564, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Vroomen, Harry L. & Dunn, James W. & Harling, Kenneth F., 1986. "An Analysis of the Effects of United States Sugar Policy on Domestic Sugar and High Fructose Corn Syrup Markets," Miscellaneous Series 257744, Pennsylvania State University.
    3. A. R. Barros, 1992. "Sugar Prices And High‐Fructose Corn Syrup Consumption In The United States," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(1), pages 64-73, January.
    4. Kennedy, P. Lynn & Garcia-Fuentes, Pablo A., 2016. "A supply and demand estimation of the United States high fructose corn syrup market," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236100, Agricultural and Applied Economics Association.
    5. Wulff, Scott M. & Helgeson, Delmer L., 1987. "Preliminary Economic Feasibility Analysis of High Fructose Corn Syrup Processing in the United States with Emphasis on North Dakota," Agricultural Economics Reports 23445, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Lopez, Rigoberto A. & Sepulveda, Jorge L., 1985. "Changes In The U.S. Demand For Sugar And Implications For Import Policies," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 14(2), pages 1-6, October.
    7. Garcia-Fuentes, Pablo & Kennedy, P. Lynn & Ferreira, Gustavo, 2017. "An estimation of a price model of the high fructose corn syrup industry in the Unites States," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252722, Southern Agricultural Economics Association.

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