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The family agricultural business, in the context of this history, exerts a type of gravitational pull on family members, intertwining them through asset ownership and emotional attachment to the vision and sacrifice of their ancestors.

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Succession planning in the family business often focuses on the operational leader—the person directing outside activities or making decisions about logistics, labor, planting or harvesting. 

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Cattle producers should establish certain protocols to protect livestock from heat stress. In addition, there are several tools available to monitor weather conditions to know if additional actions are needed.

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Controversy swirls around COVID-19 and China but on one point there’s general agreement: America’s experience with the coronavirus is likely to hasten its “decoupling” from China.

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The idea of profitability can be useful in thinking about the resources beyond the fiscal “bottom line” of a family-owned enterprise. A family business requires investments beyond dollars to operate successfully; the return on these investments provides the sustenance and incentive to continue the business.

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