Growing the CHS grain supply chain April 16, 2024 By adding key grain facilities to its enterprise supply chain, CHS connects its farmer-owners to the global marketplace. CHS signed an intent to purchase agreement for eight grain assets in five states from Cargill. With this purchase, CHS aims to continue optimizing its enterprise supply chain while providing market access and end-to-end value to owners. This purchase adds key grain facilities to the CHS enterprise supply chain, connecting CHS farmer-owners to the global marketplace. Assets included in the sale are in Pipestone and Maynard, Minn.; Morris and Seneca, Ill.; Holdrege, Neb.; Cheyenne Wells and Byers, Colo.; and Parker, SD. “Our farmer-owners look to CHS to provide them with local assets that have the speed and space to serve their needs today and into the future,” says Rick Dusek, executive vice president of ag retail, distribution and transportation for CHS. “Purchasing these grain assets is part of a larger strategy to invest in our enterprise supply chain, efficiently connecting our owners to the global marketplace.” In its media statement, Cargill said: “Cargill and CHS have a strong partnership today based on shared values, strategic alignment and an effective and efficient business model, making CHS the right partner for this sale.” On June 20, we welcomed a new elevator in Byers to the CHS grain supply chain in order to provide market access and end-to-end value for our owners.
Keep your rural road safe June is National Safety Month. CHS and Nationwide are proud to share a partnership focused on safety. The following information is provided by Nationwide, the #1 farm and ranch writer… Read More
CHS reports third quarter earnings Strong global demand generated $547.5 million in net income for third quarter of fiscal year 2023 Improved soybean and canola crush margins due to strong meal and oil demand resulted… Read More
CHS reports fiscal year 2021 net income of $554.0 million 31% increase in net income over prior fiscal year; Strong global demand for grains and oilseeds drive results CHS Inc. reported net income of $554.0 million for the fiscal year… Read More