It is a perfect loop Bill but what's up with the cows headgear
For these would take one check the histogram and lock it in manual. Changes in bg and main subject will affect the exposure, here it a bit over. I'm sure you can do a double conversion (linear and regular) and will bring back detail on the horse !! Would also give more room in frame, tight as presented.
Pretty normal for the headgear. Gives the ropers a good horn set to catch and protects the steer from getting too chewed up from the rope. Allows the steer to be used for a number of ropers especially in practice runs. In big rodeos for big money you wont see it, but almost always in smaller purse competitions and practice runs.