Yes there are halachic issues, and hashkafa issues as well. The commercialization of meat production can lead to real problems. If you look real close, or read too much, you can begin to distrust mass produced kashrus. The Bavli in Chullin makes the points that would rule out casual meat consumption in a derech eretz sense. You also might want to consider that an animal designed to eat grass gets poisoned and sick from grain based diets, and needs to be medicated and stuck with needles to make it to market.
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