Lowry Ranch Grazing Lease with Trainor Cattle Company
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Description
The State Land Board continues its long-term agricultural grazing lease with Trainor Cattle Company on more than 25,000 acres at Lowry Ranch, generating $236,300 in annual rent at $25 per AUM. The company, selected via RFP in 2014 and re-awarded a second 10-year term in 2024, manages the property under a holistic, regenerative grazing plan.
Contract Details
Contract Amount
$236,300.00 annual rent; $25.00/AUM
Vendor
TRAINOR CATTLE COMPANY
Agency
State Board of Land Commissioners (State Land Board), CO
Contract Type
FACILITIES
Document Date
June 18, 2026
Contract Term
Agricultural lease on 25,382.36 acres; current 10-year lease through January 2034 (second 10-year lease awarded in 2024)
Renewal Date
2034-01-31
Renewal Info
Initial 10-year lease awarded in 2014 through an RFP; a second 10-year lease was awarded in 2024 due to successful management and alignment with Board objectives, extending the term to January 2034.
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