Livestock Farm, Ranch
noun
A pasture place is a livestock farm. It's also a ranch. The place where things pasture is this place.
ぼくじょう, まきば
This is a jukugo word that uses the on'yomi readings of the kanji. You should be able to read this on your own.
この牧場には、絞り立ての牛乳を使った自慢のアイスクリーム屋さんがあるんだ。
This farm boasts a good ice cream shop that uses fresh milk.