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1
Preheat the oven to 325F.
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2
Place the meat, fat side up, in a shallow open pan and allow it to come to room temperature.
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3
Roast for approximately 20 minutes to the pound.
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4
Insert a meat thermometer toward the end of the estimated cooking time: the meat is rare at 130F, medium at 140F, and well done at 160F.
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5
Remove from the oven when the thermometer registers 5 degrees lower than the desired temperature, and let the roast sit on a carving board while the Yorkshire pudding bakes, if you are making it, and while you make a simple gravy: the roast will continue to cook and become easier to carve.
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6
Drain off most of the fat and place the roasting pan over a burner.
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7
Add the broth or simply 1/4 cup water, and stir and scrape with a large kitchen spoon, loosening the brown glaze on the bottom of the pan.
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8
Add more liquid if you wish and salt and pepper to taste, and cook over low heat until well blended, about 2 minutes.
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9
Spoon over slices of carved beef.
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10
Rolled Rib Roast.
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11
Place meat in a V-shaped rack and increase cooking time to approximately 30 minutes to the pound.
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12
Allow 1/3 pound per serving.