Well, let's see: the rancher pays one dollar a month (or is it two, now?) to place one cow and one calf on your land. He sells the cow and calf for x dollars. Does he earn much more than $12.00 or $24.00 (assuming the lease runs one year)?
Which do you think is a closer approximation of the value of the land, the $12.00 or $24.00, or something approaching x?
Don't forget, x is just the number for one cow/calf unit. In order to get an idea of the revenue generated by your land you need to multiply x by the number of cow/calf units he keeps on your land.
rudedude you need to check in with your Dr., your meds are needing recalibration.