nobody is getting rich off public land grazing? sounds like these 'nobodies' don't have the business sense to make money hand over fist. the ones that do are going to buy out the little guys.I said nobody is getting rich. $10 a head profit is not out of the ordinary at all in the cow calf and feeder segments. And many operate at a loss because agriculture is a write off if you have a business accountant that knows what they are doing. Meat prices are a bit different. Packers and retail hold the power.
I think some people assume ranchers are sitting back raking in millions of public land grazing. It’s called poverty ranching for a reason.
either that or lets argue over the semantics of 'rich' vs agreeing that public land welfare grazing causes too many externalities to provide value to the land owners vs a niche group.