High-Priced Wagyu Steak Makes Debut At Grocery Chain

Grocery store flyers are the place to find discounts and lower prices than the aisles of the supermarket. This week’s flyer from Loblaws, however, featured a cut of meat at much, much higher price than everything else on the flyer, and indeed in the entire grocery store.

A pound of steak was going for $59.99.

But it wasn't a typical steak — the meat on offer in Loblaws is Wagyu, which comes from several breeds of cattle originally from Japan. The same breed is used to produce a fatty meat sometimes called Kobe beef.

That means a single standard steak — generally 16 ounces before cooking — would cost $60 to grill at home.

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