Waste is a big fucker, as is the over supply of meat.
However where I diverge is that I still think livestock have a strong role to play in established and subsistence agriculture. I mean this in the way that fish can be put in the loop for hydroponic, chickens to reduce pests, or pigs/sheep used to rotivate fields. Not in the way that we devote vast amounts of land to pasture. (although there are questions to answer about how to manage rich grasslands that are carbon sinks.)
So mountainous people are able to obtain calories from animals in places otherwise unsuitable for more conventional farming methods.
Letting cattle and sheep and goats forage in terrain unsuited for agriculture is fine.
I still think we should stop feeding that 1/3rd of our grain to cattle.