We have been and are living threw an Evolution of the Cattle Industry.  

Whats Pasture was replied to me recently?     Really..... Confinement cattle has always worked during high cattle times and that was before TMR abilities. 

With cover crops and ability to produce and harvest forage, blended with by products.  Confinement Cattle appears to be the future. 

If a producer is willing to devote the time and investment into livestock it can still be an enterprise to diversify an operation.  Looks like the days of it being a small sideline and or a part time hobby to a non farm job could be limited in the future.  Its going to require substantial operating capital. 

It was once said to me.  You have to be rich to have Cattle today.  That appears to be only getting worse.