Sodas leaving HFCS?

I’ve bashed High Fructose Corn Syrup here a fair amount, and I’ve explained why it’s used more often that cane sugar in American Soft Drinks. My basic stance is still the same as it was last year – The rise in obesity is a direct result of it’s over-production of this government subsidized sweetener; there’s some minimal anecdotal evidence of health issues surrounding it’s usage; it’s being added to items that have no business having it; and it tastes differently in the products that previously used cane sugar.

So imagine my surprise when I read the following on Business Week:

Deutsche Bank downgrades Corn Products amid concern that soft drink makers are evaluating a switch from high fructose corn syrup to sugar

If you’re a soda fan, this is compelling news. The basic gist is that since corn prices are rising as farmers the market is demanding more corn for the ethanol gravy train, companies are looking to cut costs where they can. This may include returning to cane sugar.

HFCS is currently 60% cheaper than cane sugar, so it seems unlikely that this will happen any time soon, but it is interesting to see the idea being brought to the table. This seemed impossible as recently as two years ago.