Articles tagged under: CHS
No New Collaboration for CHS-Growmark
Published April 8, 2024
In January, the board and management of CHS and Growmark announced they were exploring a possible merger. "Both companies went in with our eyes wide open seeing if there's something more in addition to the ventures we have together already,"…CHS Releases 2Q Results
Published April 5, 2024
CHS is reporting second-quarter net income of $170.3 million. That's down from $292.3 million in the same quarter last year which was a record. In the ag segment, earnings rose with stronger agronomy markets and stable grain and oilseed margins.…Premium Built Into Fuel Markets
Published February 15, 2024
The 2024 planting season may be on the way sooner than we think. CHS Senior Vice President of Refined Fuels Jason Schwantz says there may be an opportunity to contract fuel prices ahead of time this year. “Those forward contract…New Fertilizer Hub Coming to Hallock, MN
Published January 23, 2024
CHS is building a 25,000-ton fertilizer hub in Hallock, Minnesota. This plant is expected to be open in the spring of 2025 and will be located on the same property as the CHS canola plant. CHS Executive Director Vice President…CHS, GROWMARK Explore Further Collaboration
Published January 14, 2024
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…CHS and GROWMARK to Consider Further Collaboration
Published January 12, 2024
Two of the largest farm cooperatives are looking for ways to work together. The board of directors for CHS and GROWMARK have agreed to explore opportunities for the two cooperatives to collaborate further. The two co-ops created a venture capital…CHS Releases 1Q Financials
Published January 10, 2024
CHS is reporting first quarter net income of $523 million. That’s down from record first quarter earnings of nearly $793 million one year ago. Continued strong soybean meal and soybean oil demand drove strong gains in the ag business. The…A Different Mindset from Farm Input Purchases
Published December 22, 2023
Farm input costs have come down slightly. CHS Regional Product Specialist Tim Swanson says it is still important to talk to the local retailer to lock in seed and crop protection products. The supply chain problems in the recent past…Clock Ticking on Appropriations Process
Published December 11, 2023
Congress is facing a January 19th timeline to address four major appropriations bills, including agriculture. The remaining eight spending bills expire February 2. There’s just nine days on the legislative calendar before the first deadline. Will Stafford, who is in…