Montana couple make jaw-dropping move to give away $21.6 million ranch in a tale straight out of Yellowstone
A Montana cattleman and his wife have made a jaw-dropping decision to give away a $21.6 million ranch that has been in the family for generations, ensuring it remains a working ranch.
In a move that could have been plucked from the TV drama Yellowstone, Dale and Janet Veseth have donated their roughly 38,000-acre cattle ranch in southern Phillips County, Montana, to the Ranchers Stewardship Alliance (RSA).

The RSA is a rancher-founded nonprofit dedicated to keeping land in production agriculture.
The gift is believed to be the largest recorded donation of a working ranch in Montana history, according to the organization.
The Veseths will continue to manage the ranch during their lifetimes, but ownership will pass to RSA.
It means the land’s future is secured and will be devoted to cattle, grass, wildlife, and rural communities than being carved up, sold off, or converted to other uses.
For Dale, 63, the decision reflects both hard economic realities and a deeply personal reckoning with what ranching has become in the modern West.
At the heart of the ranch is a lineage that predates Dale himself.
His father ran cattle on the same land, as did his grandfather.
Over the decades, Veseth has refined a rotational grazing system he’s worked on for 35 years, even adopting remote-controlled collars that allow him to move cattle up to 170 times a year across more than 38,000 acres.
But while the tools have evolved, the pressures have intensified.
Competing interests now vie for ranchland across Montana’s high northern plains – a landscape once defined by family homesteads, now increasingly shaped by conservation groups, investors, and soaring land prices.
Veseth said those pressures have made it nearly impossible for younger generations to enter the business.
‘The capitalization to get in and maintain a ranching business was out of the reach of most Americans,’ Veseth told Cowboy State Daily. ‘Land is just one aspect. You have cattle. You have equipment, you have labor.
‘And (everything) to make all these things go,’ he added. ‘We thought it was pretty hard to recruit the next generation of people who produced our food.’
Veseth said at least 76 homesteads are now incorporated into his deeded acres.