I just received a press release from the Beef Checkoff, the organization behind the Beef It’s What’s for Dinner marketing campaign, that listed the fall in retail beef prices; a fall I didn’t know had happened. As a result of the economic downturn, there’s been a drop in restaurant demand for the premium steakhouse cuts and they’re making their way into grocery stores. The steakhouse cuts are your T-bone, porterhouse and ribeyes, the tender bits you find in the short loin.
Not bad!
| Cut | Avg. Jan ‘09 | Avg. Jan ‘08 | Percent Diff. |
| Tenderloin | $13.63 | $14.12 | 3.47% |
| Ribeye | $8.41 | $8.86 | 5.08% |
| Top Loin (boneless) | $7.26 | $7.87 | 7.75% |
| Top Loin (bone-in) | $5.21 | $5.47 | 4.75% |
| Sirloin (boneless) | $4.64 | $5.21 | 10.94% |
| Porterhouse | $6.83 | $7.77 | 12.10% |
| T-bone | $6.20 | $6.83 | 9.22% |
Source: FreshLook Data, comparing the most up-to-date data available for retail beef prices.
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