The local grass fed thing is big down here and I did have some grass fed beef as a kid and it sucked. I did buy some grass fed beef about a year ago from a local producer. Ribeyes dry aged for 21 days at $19.99/lbs. Best beef I have had in years. Couldn't help but think of how good it would have been had it been grain finished. The local grass fed dude is part of a movement to get the USDA standards reduced so more grass fed beef can make USDA Choice and Prime. Or so he says. But I can say I'll take the dry aged grass fed over wet aged any day of the week. Any way we don't eat beef but about once every week or two any more. It is chicken, fish, seafood, or wild game most days of the week with pork thrown in sometimes. Steaks or lamb on Saturdays at those one/two week intervals and sometimes a chuck roast on Sundays.
CWT, boy you hit the nail on the head. First off we had a local so called cattleman go out of business when his grandfather didn't have anymore money,
so he went to dental school and opened up a dentistry, then a grass fed beef store beside it. Well we all laughed because we figured he was trying to drum up business for him when everybody broke their teeth on grass fed beef, but as you pointed out even a piece of garbage beef can be good if it hangs(ages) long enough. Problem is getting meat inspectors to allow them to hang that long. I know this sounds terrible but if I go to town and even though I have my own beef(which steaks don't last long, why they cost $) I will look at the meat counter and if I see some 30-50% off stuff I always take a look. No red, flipped in package, or just look like [bleep], I take them home and cook em up. Worst I ever saw was some ribeye's that were almost green looking(no [bleep]) and they smelled musty. Cooked them well past my usual rare to me safe and they might have been the best steaks I've ever ate. There are a few high end steak houses in this country and some price the meat to how many days of age. The more they age the more they shrink so the higher per pound but if you get those old nasty things you always pay the most.
I might add that the poorer cuts of meat are worse cooked more, so people that like rare steaks can eat the same meat as those that like well done and be happier than the guy with well done. Flat iron steaks are a perfect example, cook em in lots of butter to no more than medium rare there good, cook them to medium well, might as well feed the dog.