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Message: <blockquote data-quote="NDbowman" data-source="post: 474861" data-attributes="member: 1525"><p>So a finished 1300lb steer is worth $2.30 per lb today to a packer. Add $1200 for processing. 1300x2.30 is 2990 plus 1200 is 4190. That 1300lb steer should have a hanging weight of 60% of its live weight that is 780lbs. I think that is a bit low, but we'll use that. $4190 divided by 780lbs is $5.37 per lb. So if you can buy it at $3.65, you better buy all you can.</p><p>The big Packers also have other ways to get every dollar out of that carcass. They have markets for the hides, tendons, and offal or organs.</p></blockquote><p></p>

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