BUZZ-Packaged food makers down after RFK Jr picked for top U.S. health agency role

Reuters11-16 00:27

** Shares of U.S. packaged food makers down after President-elect Donald Trump selected Kennedy to lead the U.S. Department of Health and Human Services

** Kennedy calls for banning hundreds of food additives and chemicals and for getting ultra-processed foods out of school lunches to reduce diet-related chronic diseases

** Shares of Kraft Heinz , Oatly , Conagra

down about 3.5% each

** General Mills , Hershey and Pepsico

shares down as much as 3%

** Coca-Cola shares also down about 1%, while Mondelez shares down by 1.6%

** YTD, KHC down ~17%, HSY and CAG down ~8%, while the S&P 500 Consumer Staples index is up 13.2%, including session moves

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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