At a guess Id say its probably for a rodeo. Can see stands in the background.

since long before that.

No 'seems' about it. His entire purpose is to put all public on firesale to private interests. Its the same as when he was trying badly to sell New York real estate in the 80s to the Japanese specifically, even though there was a real fear about how much they were purchasing giving them too much control over our land and businesses.