Nasdaq warns investors in light of “Death of Meat” threat from proposed USDA dietary guidelines
This article from Nasdaq describes what they call a “shocking” reduction in meat consumption and how this may impact the meat industry and other sectors. The potential catalyst they argue is the release of preliminary recommendations from the committee of medical and nutrition experts involved in developing USDA dietary guidelines.
The preliminary recommendations will be out later this month, and they will be used to finalize the next set of USDA guidelines due out by the end of the year. If the USDA adopts these positions, then it'll be the first time ever that the agency actively discourages meat consumption (current guidelines encourage consumption by suggesting lean meats).
The Nasdaq article goes on to recommend investors to reduce stocks in meat producer companies in light of this threat.
Read the full article here.
North America is the northern subcontinent of the Americas covering about 16.5% of the Earth's land area. This large continent has a range of climates spanning Greenland’s permanent ice sheet and the dry deserts of Arizona. Both Canada and the USA are major food producers and some of the largest food exporters in the world. Industrial farms are the norm in North America, with high yields relative to other regions and only 2% of the population involved in agriculture.
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