Stay-At-Home Consumers Bite Into Pricey Steaks

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.

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