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Articles tagged under: CHS

CHS Invests in Santos Grain Terminal

Published August 9, 2024

CHS is partnering with a Brazilian rail company to build a major grain terminal in Brazil’s Port of Santos. The project will cost the U.S. equivalent of $440 million and take nearly two-and-a-half years to build. This is South America’s…
Latest NewsMarketsAg Business

CHS-WCAS Talks Continue

Published July 16, 2024

For the first nine months of the fiscal year, CHS reports net income of more than $990 million. That’s down from a record $1.6 billion in the same period last year. Through the third quarter, net income is at its…
Latest NewsAg Business

CHS Releases Q3 Financials

Published July 10, 2024

CHS finished the third quarter with net income of $297 million. That compares to $547.5 million in the same quarter last year. For the first nine months of the year, the nation’s largest farm cooperative has net income of more…
Latest NewsAg Business

CHS to Test Autonomous Trucking Program in ND

Published June 10, 2024

CHS has announced an autonomous vehicle pilot program for North Dakota. CHS Executive Vice President and Chief Information Officer David Black made the announcement at the Grand Farm event. CHS uses a follow-me model with its current pilot project in Minnesota.…
Latest NewsAg Business

A Deal Under Consideration for CHS and West Central Ag Services

Published May 16, 2024

CHS and West Central Ag Services have signed a nonbinding letter of intent. If realized, West Central Ag Services, based in Ulen, Minnesota, will become part of CHS. CHS Executive Vice President of Ag Retail, Distribution and Transportation Rick Dusek…
Top StoriesLatest NewsAg Business

CHS to Acquire Eight Grain Assets from Cargill

Published April 17, 2024

CHS has signed an intent-to-purchase agreement with Cargill to acquire eight grain elevators in five states. The assets included in the sale include facilities in Pipestone and Maynard, Minnesota; Parker, South Dakota and locations in Illinois, Nebraska and Colorado. CHS…
Top StoriesLatest NewsAg Business

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,"…
Top StoriesLatest NewsAg Business

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.…
Latest NewsAg Business

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…
MarketsAg Business

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…
Top StoriesLatest NewsAg Business
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