This article first appeared in the LIFT newsletter, a publication of CHS Agronomy. Read the entire article.
As growers finalize planting preparations and plan in-season fertilizer and sidedress applications, they may be looking for solutions for micronutrients deficiencies identified by soil or tissue sampling on their most productive acres. What are the most essential micronutrients and what …Continue Reading »
April 8, 2020
We are pleased to share our second quarter results for fiscal year 2020. We reported net income of $125.4 million for the second quarter of fiscal year 2020, which ended Feb. 29, 2020. This compares to net income of $248.8 million in the second quarter of fiscal year 2019.
The company reported revenues …Continue Reading »
With the impact of the global pandemic caused by COVID-19 evolving rapidly, we want to reassure you that CHS is taking steps to protect the health and safety of our employees, our owners and customers, and the communities we serve.
We are developing plans with the goal of continuing to provide the highest possible level of …Continue Reading »
Grain bins can be dangerous places. Purdue University researchers report that bin-related injuries such as entrapments, equipment entanglements and asphyxia are on the rise – more than 60 incidents occurred in the U.S. in 2018.
As part of our commitment to safety as a core value, CHS is partnering with other ag industry leaders to support Grain …Continue Reading »
Decrease the risk of cold-weather downtime with the right diesel.
When temperatures drop, a farmer’s work doesn’t stop. Keeping equipment running at its peak during colder weather requires a watchful eye on what’s in your fuel tank.
Here’s the main problem that comes when temperatures drop: Diesel fuel hits its cloud point — the temperature at which …Continue Reading »
Significant increase in fall propane demand helped balance difficult market conditions
CHS reported net income of $177.9 million for the first quarter of fiscal year 2020 that ended Nov. 30, 2019. This compares to net income of $347.5 million in the first quarter of fiscal year 2019.
The results for the first quarter of fiscal year 2020 …Continue Reading »
AgPro magazine has nominated Trivar™ fertilizer additive from CHS Agronomy as one of 10 finalists for its 2019 New Product of the Year award!
The AgPro New Product of the Year competition puts the best new inputs, equipment, technologies and other products head-to-head against each other in a people’s choice contest.
CHS owners elected five board members to three-year terms during the cooperative’s 2019 Annual Meeting held Dec. 5-6 in Minneapolis. Pictured (l. to r.) are: Kevin Throener, Hal Clemesen, Mark Farrell, Alan Holm and Steve Riegel.
Officers of board also elected by board peers following Annual Meeting
CHS owners elected five board members to three-year terms …Continue Reading »
CHS will return $180 million in cash patronage and equity redemptions to its owners based on fiscal 2019 earnings.
Of that $180 million, $90 million will be distributed in cash patronage and $90 million will be distributed through equity redemptions.
Of the $90 million in equity redemptions, $63 million will be returned to member cooperatives and $27 …Continue Reading »
Energy, Nitrogen production increases helped drive 7 percent growth in net income
CHS reported net income of $829.9 million for the fiscal year ended Aug. 31, 2019. The results reflect an increase of $54.0 million — or 7 percent — compared to fiscal year 2018.
Key financial drivers for fiscal year 2019 include:
Consolidated revenues of $31.9 billion …Continue Reading »