One problem with cattle is that they are being held in one place, can’t escape which makes them easy and reliable prey . So once a predator has figured that out they will come back more often. I have read about people having good success with dogs that are trained to confront predators like mountain lions and bears so they won’t come back.
Edit-but definitely start by paying them for whatever wolves eat.
Let's pump the brakes on torture box meat before we start trying to solve something many people don't even consider a problem (I believe ranching and free range meat are an almost unmitigated good. )
It's an appropriate use of tax money.
Reading https://www.minnpost.com/environment/2020/02/heres-how-much-..., that gets around 100 claims per year, for a payout of about $100,000.
The EU has a similar program (https://www.bbc.com/news/science-environment-46153727)
In Washington State, the newspaper articles on it always present it as one of:
1. the state sends out the helicopters and gunmen
2. the rancher eats the cost of the dead cows
I wouldn’t know whether that compensation is fair or how bureaucratic the procedure is.