It's depressing being at the auction today. I remember telling people that we're raising more 5wt calves on the same acres we used to raise 650wt calves on, and feeling good about it. Not much to feel good about today. Glad we weren't selling anything.
450wt calves of all kinds = $0.90-$1.10
550wt calves of all kinds = $0.96-$1.10
7wt calves of all kinds = $0.83-$0.92
Not sure how you make money in that. Don't matter how far you cut your expenses, even if you can run a cow for $400/year, and make $100/calf at these prices, you gotta run a lot of 'em to make a go of it.