John Deere Settles Foreign Bribery Case with $9.9 Million Agreement

Sep 19, 2024

Deere & Company has agreed to pay $9.9 million to settle charges from the Security and Exchange Commission alleging that the company violated the Foreign Corrupt Practices Act, which prohibits U.S. companies from paying foreign government officials to aid in acquiring business.

The SEC concluded that Deere was in violation of the FCPA's record keeping policies and Deere & Company agreed to the SEC's order to cease and desist from further violations of the FCPA. The $9.9 million is a result of 2 separate payments — $5.4 million which the company is alleged to have profited from the scandal as well as $4.5 million in additional civil penalties.

Despite calls from various organizations for top Deere officials to resign, the terms of the $9.9 million settlement do not include any acknowledgement of fault or denial of guilt from Deere.

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Video: Nutrition and Sow Livability - Dr. Mark Knauer

In this episode of The Swine it Podcast Show, Dr. Mark Knauer, Swine Extension Specialist at North Carolina State University, discusses nutritional strategies to improve sow livability and piglet outcomes. He shares research insights on vitamin programs, antioxidant support, and nutrition-based approaches in commercial production systems. Dr. Knauer highlights opportunities to reduce mortality, enhance sow longevity, and improve overall performance. Listen now on all major platforms!

“Disease challenges create oxidative stress, and replenishing antioxidants can help to support sow and piglet livability.”

Meet the guest: Dr. Mark Knauer / mark-knauer-0475b921 is a Swine Extension Specialist at North Carolina State University, where he conducts applied research to improve sow productivity, longevity, and herd performance. He earned his Ph.D. from North Carolina State University and previously served as Director of Animal Science at the National Pork Board. Learn more from Dr. Mark Knauer on The Swine it Podcast Show, available on all major platforms.