Yes, my mistake for not having enough coffee yet. But... Was just looking at the Feeder prices and they are currently running around $140 in a string purchase of 100 or more depending on location. So that is what? $1.40 a pound on the hoof from the ranch before fattening?
I’m not for sure where you are getting $1.40 per pound, fat cattle today are bringing about $2.30 per lb on the hoof.