Many ranchers are sitting on $6-700 or more profits per cow depending on your operating costs. Backgrounding will likely add $50-100 more profit for another $2-300 more costs. When you look at it in terms of Return on Investment (ROI), to make a $700 profit now on a calf costing $700 to raise is a 100% ROI! Show me a better return out there. To background that same animal, you will have an animal costing likely $1000 4-5 months from now with an $800 profit or an 80% ROI. So you are actually earning a lower return for taking on a longer risk of ownership and added costs. Sometimes best to sell the calves and buy breeding cattle that will grow the factory. Just sayin’…