re: How many pounds of shrimp does 10 pounds of head on shrimp yield?

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I always work on the premise of 60/40. 60% head and 40% meat and shell. Is that wrong?

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Yes that is wrong. You get more meat than 40%. Shrimp peeling machines will average 55-65% meat but they are a little more efficient than peeling by hand. Peeling machines tend to get the throat meat while doing it by hand the throat meat usually gets broke off when you break the head off.