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What does 2/3 interest and full possession mean?

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Rafter S

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If I understand it correctly, the new buyer will have all the expense of feeding and keeping the bull, but will be required to share in the income he generates.
 

ga.prime

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The seller retained 1/3 interest in semen sales in the event there are any. An easy way of making the bull seem worth more than he is.
 
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Bar E

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ga.prime":2doxfwf7 said:
The seller retained 1/3 interest in semen sales in the event there are any. An easy way of making the bull seem worth more than he is.

So the new buyer, in the event he sells semen give the old seller 33%. But isn't forced into selling the semen?
 

js1234

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ga.prime":1rwndr2c said:
It means they suckered somebody into buying 1/3 interest in semen sales.
It's very common now at purebred bulls sales for the producer to retain between 25%-50% of the semen rights on all bulls in the sale. I've talked to our primary Angus supplier and they average less than a bull a year that they circle back and collect, on quite a few bulls. The vast majority of commercial bulls sold that way will never be collected and the majority of ones that are aren't going to lead to semen sales gold. It just protects the producer if they realize that as EPD's change and siblings grow up etc. that they sold a commercial bull that deserves a closer look as a stud for whatever reason that they can revisit the situation.
 

Ebenezer

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It means that EPDs are averages of the calf crop and that the seller has no idea which calf might be the best. So they keeps semen rights on all of them in case one turns out to be an outlier on the right side of the bell curve. It is a problem when main source herds of foundation stock do not always use proven sires, know the transmitted function from their cows and this is generally combined with a very low and insignificant % inbreeding coefficient so that the genetics have no relative stability.

I do not understand the mentality: is it "new is better, always", "the grass is greener on the other side of the semen catalog" or do they just flat out know that their own cattle are lacking? It is easier to breed your own and stick to outside sires that are proven. But the issue is not livestock breeding but purely the fickleness of human nature.
 

ga.prime

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Bar E":357g4s0u said:
ga.prime":357g4s0u said:
The seller retained 1/3 interest in semen sales in the event there are any. An easy way of making the bull seem worth more than he is.

So the new buyer, in the event he sells semen give the old seller 33%. But isn't forced into selling the semen?
That's right.
 

Cross-7

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js1234":1laul25k said:
ga.prime":1laul25k said:
It means they suckered somebody into buying 1/3 interest in semen sales.
It's very common now at purebred bulls sales for the producer to retain between 25%-50% of the semen rights on all bulls in the sale. I've talked to our primary Angus supplier and they average less than a bull a year that they circle back and collect, on quite a few bulls. The vast majority of commercial bulls sold that way will never be collected and the majority of ones that are aren't going to lead to semen sales gold. It just protects the producer if they realize that as EPD's change and siblings grow up etc. that they sold a commercial bull that deserves a closer look as a stud for whatever reason that they can revisit the situation.

Straight up answer w/o bs
Appreciate it
 
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