I am not sure what it costs the rest of you to raise heifers, but those heifers selling for $1,200 would be close to what it costs me to raise them considering every cost I can think of. So at today's prices, it's a real wash to me.
We bought some bred heifers last year for $900 each and they all calved late, but none were open. One is a raging you know what that handles at about 100 yards, but other than that, they have worked out fine, would I do it again? Not sure, it would depend on what they were and how much they cost.
I needed to buy some cows to fill some pasture I get starting this spring, so I bought cows this fall through the ring and kind of hit a lull in the market in early November. I bought several head of 3 to 5 year old black/bwf cows for $850. I am glad I bought then because the last sale in December, those same type of cows were bringing $1100 to $1200.