CHS finished the fiscal year with a record net income of $1.9 billion, up from $1.7 billion in the 2022 fiscal year. CHS President and CEO Jay Debertin says the co-op plans to return $730 million in cash patronage and equity redemptions to its farmer-owners. No two years are the same, but Debertin is optimistic. “Interest rates are at levels not seen before for those who are new to the business. At the same time, commodity prices are relatively strong, input prices have reset and there is still great demand for protein in the world.” Listen to the full interview.
