CHS and Growmark are working together on a separate entity called Cooperative Ventures. Each company has committed $25 million over ten years to invest in breakthrough technologies for agriculture. CHS Senior Vice President of Enterprise Transformation David Black says this is a massive undertaking. “For so many of these innovators, they may have a great idea but it has to be tested. Will that work in the field? Will that work at scale? Will that work as well in North Dakota as it does in southern Illinois? We can ground-truth or test those technologies in real-life conditions. It can be a real win.” Cooperative Ventures has identified three areas for investment: crop production, the supply chain and sustainability.
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