It seems when you have baked Venison (and this may apply to all meat.) in your inventory and later move it to anywhere else in your inventory, drop it on the ground, or put it in your hand it changes to the raw looking uncooked texture. Yet when reading the description it still shows 'Baked'. I tested possible desync, by relogging. Relogging did in fact restore the texture back to it's baked texture. However when moving it to one of the 3 respective places stated above it seems to again re-texture itself to uncooked, while still stating it's 'baked'. This does seem like a desync issue, however I figure it should be reported.
Note: I have not tested other meats nor have I tested it's texture change from Boiled, Rotten, and so forth. This is just from Baked. Also have not tested after an official server reboot.
Final Note: I did not move it to my inventory manually after taking it off the fire barrel from cooking. I dragged it from the fire barrel inventory view onto my character which threw it in my inventory with it's baked normal texture.
Thanks and have a great morning/day/night to whomever may read this.
Edit: Seems taking said steak to hand and starting to eat it returns it back to it's baked texture. Once it has been returned to it's baked texture via beginning to eat it seems to fix that specific steak from visually bugging again to it's raw texture. Posting second gif of eating, fixing it's texture.