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For the same reason they still do: loads of essentially free cattle feed.

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Q: Why did ranchers value Montana's grasslands?
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How are most of the original grasslands in the US being used?

Most of the original grasslands are protected by state or federal lands, and are also rented by cattle ranchers to graze their cattle on there for a predetermined period of time to help in the health and growth of these native grasslands. A lot of native grasslands are also on private land, land which are owned by ranchers and used to raise their cattle on. Such ranchers take care of this land so that it supports life not only for their livestock, but also for the wildlife that live on their land.


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