Articles tagged under: Jay Debertin
A Farm Bill Deal Needs to be Done
Published December 13, 2024
Another one-year farm bill extension is widely anticipated. CHS President and CEO Jay Debertin, who also chairs the National Council of Farmer Cooperatives, is concerned about the precedent. "We hope that doesn't become habitual where that just becomes the plan because…Top Shelf Speakers Scheduled for Prairie Grains Conference
Published December 5, 2024
Minnesota Association of Wheat Growers Executive Director Brian Sorenson is excited about the Prairie Grains Conference speaker lineup. "We have Jay Debertin from CHS, Frayne Olson from NDSU, and of course, Daryl Ritchison from NDAWN." The meeting is an opportunity…CHS Finishes Fiscal Year With $1.1 Billion in Net Income
Published November 6, 2024
CHS is reporting annual net income of $1.1 billion. That compares to $1.9 billion for fiscal year 2023. According to a company news release, the financial performance was solid across all segments, but down from the record earnings a year…A History of Collaboration
Published August 16, 2024
The Senate field hearing at Grand Farm focused on agricultural research and technology. CHS President/CEO Jay Debertin said the new Grand Farm Ag Innovation Campus is a prime example of that work. “It’s really exciting what some technological advances can…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, 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…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…