Yes, if they met the requirements. If Herefords would reduce frame score, reduce birth weights and focus on carcass quality they would get the premiums you desire. This came from an industry expert last night that had to fight to get Hereford bulls listed in one of their breeding formulations which this large research institute touts as having lots of "integrity." The board fought him and these were their points of push back.
Not sure who this industry expert is as this isn't what the commercial breeder, feeder or packer wants. The frame size and mature weight of many polled herefords is less than desired by the commercial breeder, feeder & packer. And low BW's is why many of us are looking for alternatives to the avg Angus. For mature I desire a BW 80 or above and so do most commercial breeders I talk too. Maybe you should ask a commercial breeder who buys the bulls rather than your so called industry expert.
That is why the Hereford breed lacks relevance today; those active in association listen to theorists rather than cattlemen risking millions of their own money feeding cattle in the real world. Tomorrow I will watch and interact with cattlemen buying and selling almost $3000000 worth of cattle. Those guys can't afford to be wrong very often on the cattle they are buying. What does a college professor or breed representative have at risk?