The economics of finishing cattle
So right now I have two steers, they're about a year old and idk between 800-1000 pounds. Realistically in my area they'd go at the auction for $2500 a piece. If I grass finished them over the next 2 years I'd likely spend about $1000 each getting them to slaughter. If I grain finished them over the next 150 days, I'd likely spend about $1000 each getting them to slaughter. They'd finish out close to 1400 pounds and sell for $3500-$4000 each. Basically whatever I would spend on finishing would not generate any additional profit. With people buying steers at this price, how the hell is anyone making any money? Are my numbers wrong/am I missing something? I'm also asking because it seems like I would be better off selling as a cow/calf operation as opposed to finishing my calves. What do y'all think?