I'll probably get some "HE HAWS" and ROFLOL on this reply. However... as ya'll probably well know, there are "production cattle people" (breed, raise to sell as beef animals by the pound), and the "seedstock people" that sell animals for breeding stock to other breeders and cattle ranchers.
As I am sure most of you already know, we are "seedstock" breeders of registered Longhorns. Only on a rare occasion have we sold something by the pound or put in freezer--not suitable for further breeding.
Our breeding stock (1st calf heifers and producing cows) start at about $2,500 (most are considerably more). Bulls in service are even more. (None of these are offered for sale). Some of our calves' full brothers and sisters (owned by other breeders) have sold for upwards of $5,000 at weaning.
Please understand that I am NOT bragging or complaining...lol. And, the commercial cattle people on this board that also are into registered stock also pay high prices for their high end breeding stock, regardless of breed.
Two of our bulls' dams (owned by other breeders) are valued in excess of $20,000 (not to even think about what their "not for sale" bulls might be valued at).
The way I figure it...it costs about the same to raise a $10,000 animal as it does a $500 animal, and with the same amount of pasture.
Just my senile comments and livestock raising biases, I guess.