This is hands-down the most popular beef in Brazil. Picanha (pronounced pee-KAHN-yah) is known states-side as Top Sirloin Cap, Fat On... and the fat is what makes all the difference.
This cut packs a lot of flavor and offers one of the best price-value proposition. While Picanha is best cooked in open flames (charcoal or wood), it can also be cooked with gas or in the oven.
Source: US MidWest
Best for: Grilling
Best Cooked: Medium, Medium-Well
Suggested Reads on cooking Picanha:
How to Grill Picanha – Easy Step by Step Guide (Via Honest Cooking)
Grade: USDA Choice | Black Angus Beef - Top 5% of Choice