Over the past year, I’ve shared with you the continued decline of America’s most popular fast food giant. We’ve talked about the mass closing of McDonald’s locations, the attempts by the company to trick customers into thinking that it was ‘going natural,’ and we’ve even talked about how some economists predict an ultimate demise.
“Worldwide spending on cancer medicines reached $100 billion in 2014, an increase of 10.3 percent from 2013 and up from $75 billion five years earlier, according to IMS Health’s Global Oncology Trend Report released on Tuesday.” [1]
Amid falling sales and continued financial worries, McDonald’s will be closing a record 700 stores by the end of the year. The news comes just as states like Vermont push forward with major GMO labeling initiatives that would likely brand many of McDonald’s’ ‘balanced’ meal options as full of genetically modified ingredients.
If you’re a farmer who wants to grow any crops that aren’t owned by the biotech industry, you had better be ready to burn some money. At least this is what organic farmers are saying, who are trying to grow organic crops but can’t due to pollen drift and cross-pollination. That’s right: GMO crops are contaminating the organic crops we’re fighting so hard to keep.
Monsanto is continuing to lose profits into the second quarter of 2015, shedding an exceptional 15% profit amid falling GMO seed sales — even more than most experts projected.
The public doesn’t trust manufacturers like Kellogg’s and Kraft anymore. Earnings are falling, and dozens of Big Food companies’ stocks are down. One of the biggest food companies in the world, ConAgra, is even slashing its 2015 earnings projections. Is Big Food really over?
