firstlyThe beef bonanza of the 1870s meant that the open range became overstocked. This put an end to open range ranching
There were too many animals on the Plains. All the grass was eaten up and the soil eroded. less grass and eventually weaker animals
as a result Because so much beef was available, there was a fall in demand. Beef prices fell.By 1882, profits were actually going down but ranchers still kept the cattle just in case the prices went back up again.