Many, in the interest of their health, have chosen not to eat red meat. However, the truth is that it’s not the meat itself that is the issue. The health hazard seems to be the rBGH (recombinant bovine growth hormone) and carcinogenic preservatives such as sodium nitrate.
On top of that the diets that these farm animals are fed and the filthy conditions in which they are reared make red meat uniquely suspect. Humanely raised red meat is a different animal altogether.