>>And what ever happened to marbling and flavor?<<
BTW, I found the following from a website regarding beef grading changes. It explains a lot:
DECLINE IN BEEF QUALITY
Chefs should know a little about the history of the grading system in order to understand how a change in the grading system led to a decline in the quality of beef. Experts agree that the quality of beef today is much worse that it was twenty years ago. This will explain the reason.
Prior to 1987, the top three grades of beef in the U.S. were Prime, Choice and Good. The major difference was the degree of marbling: Prime is 15% more marbled than Choice, which is 15% more marbled than Good. About three-fourths of grain-fed beef was graded Prime or Choice.
The National Cattlemen's Association (NCA) started a nationwide consumer movement for lean beef. At the request of the NCA, Texas A&M University produced the "National Consumer Retail Beef Study", which began the "War on Fat". The study recommended that consumers be educated to purchase lean beef.
The problem was that beef graded Prime and Choice were fatter, and consumers had learned that beef graded Good was lean but tough.
The "solution" - so typically the resort of those with poor ideas but a "we know better than them" conviction - was to change the definition. That is, change the name of the grade from Good to Select, so that consumers could be "fooled" into thinking that a lean cut was better than one with fat. In other words, consumers would be "re-educated" (some would call the government's efforts nothing less than propaganda) to prefer lean, lower-quality beef.
As opposed to the fraudulent "solution", the fact is that the taste of beef results from marbling (intermuscular fat). Prime Grade beef tastes better than lowers graded beef because it has more marbling - more fat. Conversely, leaner beef has less marbling and less taste.
In the 1980s, some people argued that consumers deserved to be educated, not brain-washed. They urged the industry to educate consumers on the following facts: (1) marbled beef tastes better than leaner beef; (2) marbled beef is more expensive than leaner beef; but (3) eating too much marbled beef is not healthy. Those who urged this lost the argument to others who wanted to "fool the consumers" with a combination of a name-change coupled with the false and incomplete message that "lean beef tastes better and is healthier". Both statements are false: lean beef does not taste better, and lean beef if not healthier.
Skeptics may argue that the beef industry succeeded beyond their wildest expectations and hopes. After all, now 80% of Prime Grade U.S. beef is exported (mostly to Japan) at premium prices; U.S. consumers are now buying low-quality beef without objection; and the low-quality beef costs the industry much less to produce (yet it now produces the same revenue as previously received for high-quality beef).
For more information, see Robb Walsh's story, "A Matter of Fat".
In 1987, as a result of the study, the USDA Good Grade was renamed the Select Grade. Since then, consumers have been "educated" into believing that lean beef like Select Grade is a high quality grade, and beef of the highest quality has declined in availability (quantity) and, according to some, even in quality. According to Marilyn Spiera, President of the famous Brooklyn steakhouse, Peter Luger, "A lot of the meat they now sell as 'Prime' wouldn't even be graded 'Choice' 35 years ago." Quoted by John Mariani, Ready for Prime Time.
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http://www.steakperfection.com/grade/
Exactly.