$4.99 a pound for some ungraded beef tenderloin? Sure, why not

I was at the local butcher a few days back and they had some whole beef tenderloins for $4.99 a pound. I figured something weird was going on and asked them about it. They said they it was inspected but ungraded and they bought 100 cases of it as a "distressed" product. Not sure exactly what distressed means but I

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