Coca-Cola already produces its eponymous drink with cane sugar outside the U.S., most notably in Mexico, where it's sold in glass bottles. But in the U.S., the soda is made with high-fructose corn syrup, according to Coca-Cola's website.

Agricultural industry leaders fear a push away from corn syrup could disrupt production of the U.S.’s largest crop.

NY world sugar #11 (SBV25) on Friday closed up +0.31 (+1.91%), and August London ICE white sugar #5 (SWQ25) closed up +1.20 (+0.25%). Sugar prices were boosted by Friday's sharp rally of more than +2% in crude oil prices (CLQ25),