Two of the largest farm cooperatives are considering ways to work together. CHS and GROWMARK now collaborate on projects. CHS President and CEO Jay Debertin says the plan is to consider new opportunities to join forces. In an interview, the Red River Farm Network asked Debertin if this process could result in a merger. “Could it result in a merger someday? I think the answer is it could if that’s where this goes, but I also wouldn’t say that is the only way it could go. It may be that we just have more opportunities to work together or on the other hand we feel what we have in place right now is the right mix.” Teams from CHS and GROWMARK will meet over the next couple of months to explore all options. CHS is the nation’s largest farm cooperative with 2022 revenues of nearly $46 billion. GROWMARK is the fourth largest farm co-op with annual revenues of $14.5 billion. CHS is based in the Twin Cities while GROWMARK is headquartered in Bloomington, Illinois.
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