Articles tagged under: CHS
Advocating for Minnesota’s Food and Farm Sector
Published February 1, 2025
The Minnesota AgriGrowth Council has elected its executive committee. AMPI President and CEO Sheryl Meshke was reelected as the AgriGrowth chair. The vice-chair is CHS director of state government affairs Jake Hamlin. The treasurer is Beth Sparboe Schnell, CEO, Sparboe…CHS to Double Capacity at Warren, MN Grain Facility
Published January 22, 2025
CHS is expanding and upgrading its grain facility in Warren, Minnesota. When completed, the facility will double its capacity. The project will increase the wet grain and receiving capacity from 10,000 bushels per hour to 50,000 bushels per hour. The…Energy and Ag Sector Influence CHS Q1 Performance
Published January 9, 2025
CHS finished the first quarter with net income of $244.8 million. That compares to $523 million in the same quarter last year. The earnings for the agriculture division declined, hurt by soft oilseed crush margins. Lower natural gas costs offset…CHS Finalizes WCAS Purchase
Published January 3, 2025
CHS has closed its acquisition of West Central Ag Services. This deal is valued at $225 million and follows a shareholder vote in late November. The new ag retail business unit is being called CHS West Central. Former West Central…Sherven Elected to CHS Board
Published December 10, 2024
Steve Fritel of Barton, North Dakota retired from the CHS Board of Directors. Trent Sherven of Ryder, North Dakota was elected to represent Region 7 on the board. In addition, David Kayser of Alexandria, South Dakota was among the board…CHS-WCAS Deal to Close Soon
Published December 6, 2024
The CHS-West Central Ag Services merger will close on January 2. At the CHS Annual Meeting in Minneapolis, CHS Executive Vice President Rick Dusek said this is a good fit. "We'll close the deal and integrate the company, getting the employees…Trade Skirmish Would Impact Ag Inputs
Published December 6, 2024
Tariffs and a potential trade war with China are a concern for the grain trade. CHS Executive Vice President of Enterprise Customer Development Gary Halvorson is also looking at the impact on crop protection products. "In Trump's first term, we saw…Seeking Certainty for the Canola Market
Published December 6, 2024
The canola market has been depressed, hurt by policy and politics. "We're waiting on biofuels policy for 2025," said CHS Commercial Manager Andy Smith. "I think we're really looking for clarity in that direction as well as clarity from the…Pinched by a High-Interest Environment
Published December 5, 2024
A surplus grain supply is delivering another problem for farmers. "Things like interest rates and inflation just make all of that even more difficult," said John Griffith, executive vice president, CHS. "When you're in a market of oversupply, grain needs…