As a neighbor of Colorado who visited there off and on for 50+ years it's pretty sad to watch what has transpired there. The wolf introduction is another example of the continued degradation of a once wonderful state. People with absolutely no skin in the game voted for the release of MORE wolves. They certainly weren't voted in by ranchers, farmers and businesses who depend on hunters for part or all of their income. Nope, they were voted in by the millions of people who live in subdivisions along the front range.
The idea that a rancher or farmer can be "reimbursed" for their loses is nothing more than BULLSHIT. People, including the OP, who have never raised livestock or dealt with cattle in vast areas simply have no comprehension how that works. When you put the cattle out to pasture in the spring you will find out about any losses in the fall, when you gather them up and take the calves off the cows. Then when you notice you're 15 head short there will be no way to prove what caused the loss and the producer eats a 17 to 22k loss. And unless you actually catch them killing your stock you risk prosecution if you kill them.
Here in Nebraska cattle producers are very wary of what will happen with our neighbor's wolf population in the future. Wolves obviously don't respect borders.