Looking for some edge-a-mucation gents.
So I'm tracking Live Cattle at $122.50 on 1400lb steers with average dressed steer weights at 935.
935/1400 is roughly 67%
$122.50/.67 = $182.83. Boxed Beef is 182.00-189.00.
Where is the profit and what am I missing? Hides.....offal?
Thanks
So I'm tracking Live Cattle at $122.50 on 1400lb steers with average dressed steer weights at 935.
935/1400 is roughly 67%
$122.50/.67 = $182.83. Boxed Beef is 182.00-189.00.
Where is the profit and what am I missing? Hides.....offal?
Thanks