Rock on Oscar! Rock ON! The best I am doing is about 95 cents a pound on base malt (in my case, 2 row, Western)...I would love to hear where you are getting for less..I was 2 inches shy of starting my own brewery, and then I found a paying job...in that time, I checked out pricing for grains wholesale....they run about 45 cents a pound for 2 row....of course, if you buy tons, it is less, but 45 cents for a pallet and 43 cents for in excess of 10,000 lbs....and that is if I pick it up myself.....which, living in Denver, (close to coors and a gazillion micros.....).
I calculated my costs at about $0.35-$0.50 a 12 ouncer....my 2010 batch average was 0.46 cents a 12 ounce bottle.
Even at that, I didn't include labor costs (hey, its a hobby, ain't it?) and figured that below 50 cents a bottle is pretty good if you are going to compare with over the bar prices.....my business model was 100% over the bar sales (with some discount for growler sales). My ultimate assessment was that small local brewery with only over the bar sales (and no restaurant) is the way to go. Launching into production brewery is suicide.