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Colorado Family Buys Muleshoe Ranch Amid Beef Industry Challenges

8/3/2025

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Summary

Story summary

A Colorado ranching family purchased Muleshoe Ranch in Wyoming for $6.7 million, highlighting challenges in the beef industry.
The seller, impacted by labor shortages and soaring beef prices, decided to leave ranching.
Aging ranchers are selling herds, creating a competitive ranch real estate market.
Many ranchers are selling cattle while keeping their ranches, leasing grazing rights to cope with rising expenses.

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Story summary

A Colorado ranching family purchased Muleshoe Ranch in Wyoming for $6.7 million, highlighting challenges in the beef industry.
The seller, impacted by labor shortages and soaring beef prices, decided to leave ranching.
Aging ranchers are selling herds, creating a competitive ranch real estate market.
Many ranchers are selling cattle while keeping their ranches, leasing grazing rights to cope with rising expenses.