Grew up in ranches and work with them every day right in the heart of the big cattle country!!
The prices SUCK but the issue is so complex I don't know if there is an excellent way out of it. You have the government involved in so many levels from price control to leasing to regulation and many other layers of CRAP, there was a trade there back in the day that kept family farm and ranches in business and smoothed out the volatility of being in an open market but with that they gave up the ability to really be in the market and innovating opening up new markets.
In my area the biggest thing they've really done is natural beef and marketing it that way does bring some premium, there is some push for LOCAL processers to come back since all this Covid stuff and that would be super awesome, instead of buying from a huge feeder/packer.
The costs are crazy, the tractor that cost $30,000 30 years ago now is $180,000 calf prices are lower, that math don't work and then your penalized for making and saving money.
I know quite a few that have made the deal with the devil and sold the land rights to Nature Conservancy and groups like that, all that really does is let them ranch as a family but loose the decision making on the ground which basically ruins it all but I wouldn't want to be in their position to deal with the devil and stay or sell out what your family has done since before MT was territory, I know families that traded with the local Indian tribes they've been here so long and now, well it is what it is!