CHS finished fiscal year 2019 with a net income of $830 million, up from $776 million one year ago. The bottom line was helped by improved market conditions its refined fuels business. CHS also saw increased equity earnings from its investment in CF Nitrogen fertilizer. “It really played a key role in much of our trade area,” said Jay Debertin, president/CEO, CHS Inc. “River conditions really prevented barges from moving on the river the way you’d expect. We took extraordinary steps to get product off barges and into rail cars and trucks to get them into our trade territory.” Margins were pressured by ongoing weather and trade issues, particularly in the grain and agronomy business.
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