CHS is reporting record quarterly net income of $452 million. That compares to $69.7 million in the first quarter of 2021. The improvement in earnings was driven by gains in the cooperative’s agriculture, energy and nitrogen production business segments. The strong global demand is in contrast to weak demand with the pandemic one year ago.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.