SH, let's get to the factual basis...

What does Andy's $3.38/head and the $16/head profit include?

Is it just turning live cattle into hanging carcasses or boxed beef?

Does it include fabrication to a case ready product?

Does it include transportation, cold storage, and distribution?

How about packer owned fed calves...their increase in value while on the feedlot?

Profits from packer owned feedlots?

Does it include the profit from when a packer buyer buys calves off a ranch all the way until the product is unloaded on the Wal-Mart dock?

That last question is where I'm talking about $200 to $500 profit. 

How can you make any meaningful statements about "packer profits" if you don't already know the answer to these questions? Or are you just blowing smoke?

In case you missed it, the bold is my position on profits...of course I have my accountant minimize taxable profits!