RE: NY steak shortage
What's corn trading at, 340 or so? It was recently almost 400. Live cattle futures are near $1.00. Still quite reasonable.
Let me be blunt; most people don't care about Prime. My guess is the majority of Americans could not distinguish between Choice and Select. This is not meant to be trite; how many millions of Americans dined at the following places today?
That's just the short list.
I think anyone would concede it is a big number every day. Easily more than the number of Americans that bought Prime Beef today.