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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
What gross profit are packers REALLY making?
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<blockquote data-quote="farmerjan" data-source="post: 1622988" data-attributes="member: 25884"><p>Corbitt Wall had a friend that is in the "beef" business, do some quick calculations on paper to show how much the packers are making on each head of beef. Back about 3-16 or 3-18 on his feeder flash. The guy who did the figuring does this for a living, think he is involved with the negotiated cash price. He seems to think that the packers are making in the neighborhood of over 400/head with all costs covered... I will have to see if I can find the feeder flash he talked about it on.</p></blockquote><p></p>
[QUOTE="farmerjan, post: 1622988, member: 25884"] Corbitt Wall had a friend that is in the "beef" business, do some quick calculations on paper to show how much the packers are making on each head of beef. Back about 3-16 or 3-18 on his feeder flash. The guy who did the figuring does this for a living, think he is involved with the negotiated cash price. He seems to think that the packers are making in the neighborhood of over 400/head with all costs covered... I will have to see if I can find the feeder flash he talked about it on. [/QUOTE]
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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
What gross profit are packers REALLY making?
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