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   Stay-At-Home Consumers Bite Into Pricey Steaks
by Staff Reporter, Reuters
Posted: Tuesday, November 3, 2009 at 3:01PM EST

CHICAGO (Reuters) - Meat-loving consumers in the United States are eating out less, but they are not forgoing taste and quality as researchers have found that more restaurant-quality prime- and choice-grade steaks are being served on family dinner tables.  

Beginning in 2008, cash-strapped consumers shifted to at-home dining. As a result, with restaurant business on the decline, meat companies are now shipping more of their restaurant fare to grocery stores and consumers are buying it, according to data presented on Thursday at the Worldwide Food Expo.  

"Before, if you wanted a great steak you had to go to a restaurant. Now you can get it in the grocery store," Merrill Shugoll, president of Shugoll Research, told Reuters on the Expo sidelines.  

To read the rest of this story please go to: Reuters


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