And guys, remember that this is not his first Rodeo: $2.75 is a good market price for us here! He likely buys his feed in bulk, and his equipment is not expensed out in one batch (will last many years).
Estimated costs per dressed lb !!!
-feed $.60 per dressed bird lb (assuming they will eat 2x their feed intake, and $9-10 per 50lb bag in bulk)
-equipment (expensed out over 3-years of usage) $.15 per lb with multiple batches each year.
-chicks: $.20 per lb (assuming 5lb dressed weights or $1.00 total cost per bird)
THIS IS about $1.00 per lb fixed costs per dressed lb.
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Additional costs: electricity/mileage/vitamins if used/and his time!
I think that he should be happy with the remaining $1.75 per lb for incidentals, butchering costs, and his time compensation..