JTM said:A person syndicates a bull to make money, more than he would selling semen on it probably. 30,40, $60,000 for a syndication. How many units would you have to convince the public to buy at $15 a unit in order to make that off of the bull? A lot of people like the chance to potentially have some really good show calves for an investment of a couple thousand. A lot of times you can make your money back fairly easily if you have good enough cows. As far as the show ring goes, it's all about the look, and the limited edition cross isn't giving the right look, but I'm sure they are very good cattle, probably perform better than the ones winning...
JTM I totally understand what you are saying it is the SAFE way to sell semen it will guarantee that you get your money back but it also puts a cap on the amount of money you can make. I don't know how much Sonny semen Cory sold but I'm sure it was more then 30 thousand so think of how much money he would have lost syndicating him. The same goes with Double Stuff and countless others. You might say well those are once in a life time breed changing bulls, well I never bought a main herd sire thinking he couldn't be on that level. I never got there but it wasn't from a lack of confidence in my selections. Why would you buy a bull thinking he's OK and could probally help out a few guys so I will just sell semen to them.