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(JBSs.infoinvest.com.br)
Livestock, Markets

JBS parent pleads guilty to U.S. foreign bribery charges

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New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian
(Country Guide file photo)
Markets

Ag sector equity rises in 2016

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CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm
(Keith Weller photo courtesy ARS/USDA)
Dairy cattle, Livestock

Farm kids: Don’t worry about wages

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A new study by Cornell University agricultural economists says family members who work on the family dairy farm make $22,000 less annually than comparable hired managers, but are handsomely compensated with “socioemotional” wealth. “While $22,000 seems like a large penalty, there are non-financial rewards they experience working for the family business,” Loren Tauer, professor at
Shannon VanRaes
Crops

Kids shouldn’t be left to cover Mom and Pop’s tax bill

Succession planning is complicated, but with professionalism and respect, 
equity can be transferred before anyone needs to actually buy the farm

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Young agriculturists looking to return to the family farm will face challenges — high input costs, soaring land prices, labour shortages and transportation concerns, just to name a few. But the biggest challenge for many fresh-faced farmers is how to work with their parents to establish a succession plan, said Cedric MacLeod, of the New

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