Bidders paid an average of $31.36 per AUM on six grazing units between Alamogordo, NM and El Paso, TX, according to a BLM news release, compared to $1.35 per AUM on public lands covered by term grazing permits.
If the ranchers are paying 4.3 cents on the dollar for the privilege, the American people are not receiving a fair return for their use of the public lands.
This also explains why they want wild horses off the range.
The auction was announced on September 6.
Western Horse Watchers Association 