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Archer Daniels Midland Company

Sugar, corn industries settle sweetener spat; terms secret

A bitter billion-dollar battle in the sweetener wars came to an end Friday as sugar processors and the makers of high fructose corn syrup announced a secret out-of-court settlement.

The deal midway through a trial in Los Angeles federal court was announced in a short statement that sugar-coated the hostility that emerged from dueling lawsuits over losses each side blamed on efforts by their rival to win over consumers.

By bringing the case to a close privately, the foes avoided the uncertainty of a jury verdict that could have had broader market implications for products that are ubiquitous on the ingredient labels of countless food items in U.S. stores.