Monday nights auction here in PA had a hereford calf bring $3.50/lb and a black baldie that brought over $4/lb... So I agree that the $500 for a calf is high, especially when you can buy a 500 lb feeder for the same $500 and not have the cost of feed into it.
500lb feeder calf brings about $1.70 a pound here right now. Some bring more.
