More on the Royal Teton Ranch bison grazing deal
My earlier article about the Church Universal and Triumphant’s $3.3 million deal with the government and some conservation groups for bison grazing has spurred the AnimalTourism blog to do some more investigation into the value of the Royal Teton Ranch itself. What they conclude is pretty interesting. They estimate the value of the ranch to be about $3.9 million.
They ask one question though that I think can be easily answered. Why didn’t the government just buy the RTR rather than pay the exorbitant fee for 30 years of bison grazing? Well, I think that would have been a more reasonable approach too but the CUT didn’t want to sell and the government isn’t buying much anymore these days. The CUT appears to be struggling financially without these payments so they sought the best deal they could and found gullible government agencies and conservationists. It’s a shameful situation.
Why are the feds paying $3.3 million to graze for 30 years on land worth only about $4 million?
AnimalTourism News.