As we just heard, many Wyoming ranches are being purchased by out-of-state residents. Many of these ranches are up for sale in the first place because older ranchers don’t have heirs who want -- or know how to -- run a ranch full-time. Or the kids can’t agree on what to do with the family ranch after their parents pass away.
The number of cattle nationwide is at its lowest since the 1950s. Wyoming’s population is just under 1.3 million, down 5% from last year and the lowest since the early 1990s. Drought has caused many ranchers in the state to sell off cattle.
Executive Vice President of the Wyoming Stock Growers Association, Jim Magagna, says some older ranchers with smaller operations liquidated their herds altogether and he predicts those cattle will not be replaced for close to a decade.
The Wyoming Senate defeated a bill dealing with seismic exploration, reconsidered it, and then passed it.
Supporters say that the goal of the legislation is to set tiered bonding for seismic exploration.
Wyoming Stockgrowers Association Executive Vice President Jim Magagna says the bonding will be based on the size of the acreage being accessed. He says that the bill was amended to say that when seismic