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Colorado State Board of Land Commissioners AgendaPacket June 18, 2026

Lowry Ranch Grazing Lease with Trainor Cattle Company

$236,300.00 annual rent; $25.00/AUMState Board of Land Commissioners (State Land Board)TRAINOR CATTLE COMPANYJune 18, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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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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