Articles tagged under: Jay Debertin
Two Consecutive Record Years for CHS
Published December 7, 2023
CHS has enjoyed back-to-back record years. The nation’s largest cooperative has returned more than $1.7 billion to its member-owners over two years and more than $3.2 billion over the past ten years. During the annual meeting, CHS President and CEO…CHS to Return $730 Million in Cash Patronage and Equity Redemptions
Published November 14, 2023
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…Strong Crush Margins
Published July 14, 2023
CHS President and CEO Jay Debertin partially credits the company's latest financial success to an improvement in the soybean and canola crush margins. "For a number of reasons, one is in the food industry, which is just very robust, and…CHS Responds to Market Changes
Published March 3, 2023
At the domestic level, renewable diesel and the expansion of the soybean crush are changing the game. "We are investing in that industry," said Jay Debertin, president and CEO, CHS. "We're expanding plants that we own and we are looking…Invest in Growth
Published December 2, 2022
The nation’s largest farm cooperative finished the year with record income and is returning $1 billion in equity and patronage to its members. CHS President and CEO Jay Debertin says agriculture is in a good place and this is a…Fewer Product Shortages Expected
Published November 4, 2022
Supply chain headaches and product shortages were a reality this past year, but CHS President and CEO Jay Debertin does not anticipate similar problems for the 2023 growing season. "It is unpredictable, but we feel good today and given our…Helping Farmers Navigate a Volatile Market Environment
Published July 8, 2022
Strong global demand and high commodity prices are credited for the improvement in CHS earnings. While there has been a downturn in the grain and oilseed markets, CHS President and CEO Jay Debertin says the cooperative is here to help…Good Growing Season Needed
Published April 8, 2022
The grain balance sheet was tight before Russia's invasion of Ukraine due to strong global demand and lower South American crop production. As a result, the U.S. needs a good growing season. Supply chain shortages are a complicating factor. CHS…CHS President/CEO Remains Bullish on Agriculture
Published January 7, 2022
CHS President and CEO Jay Debertin is enthusiastic about the current state of agriculture. Strong global demand for U.S. farm commodities is credited for that optimism. "Trade flows are occurring more normally and our exports out of the Pacific Northwest…