With all due respect, Mr. Bundy is a squatter. He is a former tenant who decided to break his lease back in 1993 and just stay on the landlord's property rent-free.
I am going to disagree. The ranch has been there, father to son, for over 100 years. I know it's not that long - our family farm has been in the same place since 1602, but it's certainly long enough to establish tenancy. Certainly long enough to produce a unique and valuable set of blood lines in the herd. Cows and sheep are not interchangable, they are unique creatures, very carefully bred for specific characteristics.