This was like me when I first got the game. I was stabbing this bear for a good 20 minutes early game. I only get a bear pelt after all the hard work.
I was hoping for the traditional "drop any kind of levelled loot" but all I got is realistic loot. What is up with that 
Edit: Also in my Elf bow guy playthrough, I was getting sweet daggers left and right. After getting so many great daggers, I finally re-specd to daggers.
Loot in this game is absolutely stupid. No matter how much you search you won't find that ONE perfect weapon/armor/armor set. IT'S ALL CRAFTING. I don't want to have to collect 30 whatever to create some junk I'll discard after a few hours.
WTF is the purpose of hacking your way through a boss monster, when all you're going to get is a piece of material that requires you to hunt for 50 different materials and a f*cking schematic.
No wonder this game will take you 90 hours.