As good as they are, not every farmer can have a stock water reticulation system on their property, due to practical logistics or simply the cost of such a system.
With on-farm returns not always favourable and tending to be on the underside a majority of the time, farmers are scrutinising every cost closely and they need to be sure of the returns of such an outlay. Ideally a stock water system works best from a reliable spring where the water is cleaner.
If a farmer chooses to go with the traditional eight-wire fence, blocking off all stock from the water's edge, it raises problems with the control of weeds. Any pasture that has been consistently grazed is generally free of weeds but once it's returned to an uncontrolled state the pasture is overrun with a mass of weeds such as blackberry, gorse and Old Man's Beard.
So to think there are people out there that want every water body, large or small, fenced off - what a logistical nightmare!