FFA to receive largest gift in CHS Foundation history

A smiling young man holding up a hanger with a navy blue jacket with a FFA patch on it

The CHS Foundation is making a $4.3 million commitment to National FFA over the next three years, the largest gift in the foundation’s 75-year history. The grant will help fund FFA programs in 17 states, provide scholarships for attending conferences and contests, introduce students from all backgrounds to ag careers through the workforce development program, and support the National Association of Ag Educators in attracting ag teachers and building strong teaching programs.

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CHS reports strong fiscal year 2023 earnings

Net income of $1.9 billion exceeds previous high
Strong operational performance, favorable market conditions deliver increased earnings
Company intends to return $730 million cash to owners in fiscal year 2024

Aerial view of CHS McPherson Refinery

In fiscal year 2023, CHS energy businesses delivered strong earnings, reflecting continued favorable market conditions for refined fuels.

CHS Inc., the nation’s leading agribusiness cooperative, today reported net income of $1.9 billion for the fiscal year ended Aug. 31, 2023, compared to $1.7 billion for fiscal year 2022.

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CHS intends to return $730 million to owners

Grain bins in the background and harvested field in the foreground, under partly cloudy sky
CHS announced its cash patronage and equity redemptions for 2023. The co-op is committed to sharing profits with owners and strengthening rural communities.

CHS has announced it intends to return $730 million in cash patronage and equity redemptions to its owners in calendar year 2024. The decision demonstrates the cooperative’s ongoing commitment to sharing profits with its owners and strengthening rural communities.

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CHS reports third quarter earnings

Improved soybean and canola crush margins due to strong meal and oil demand resulted in higher earnings in the CHS oilseed processing business for the third quarter of fiscal year 2023.

Strong global demand generated $547.5 million in net income for third quarter of fiscal year 2023

CHS Inc., the nation’s leading agribusiness cooperative, today released results for its third quarter ended May 31, 2023. The company reported quarterly net income of $547.5 million compared to a record third quarter net income of $576.6 million in fiscal year 2022. For the first nine months of fiscal year 2023, the company reported net income of $1.6 billion and revenues of $36.1 billion, compared to net income of $1.2 billion and revenues of $34.4 billion recorded during the same period of fiscal year 2022.

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CHS reports second quarter earnings

Second quarter net income of $292.3 million in fiscal year 2023 reflects strong energy market conditions

CHS tanker truck at fuel storage terminal

CHS Inc., the nation’s leading agribusiness cooperative, today released results for its second quarter ended Feb. 28, 2023. The company reported quarterly net income of $292.3 million compared to $219.0 million in the second quarter of fiscal year 2022. For the first six months of fiscal year 2023, the company reported net income of $1.1 billion and revenues of $24.1 billion compared to net income of $671.0 million and revenues of $21.2 billion recorded in the first half of fiscal year 2022.

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CHS Reports First Quarter Earnings

Strong Global Demand for Ag and Energy Generated $782.6 Million in Fiscal 2023 First Quarter Net Income

machinery harvesting soybeans

CHS Inc., the nation’s leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2022. The company reported quarterly net income of $782.6 million compared to $452.0 million in the first quarter of fiscal year 2022.

Fiscal 2023 first quarter highlights include:

  • Revenues of $12.8 billion compared to $10.9 billion in the first quarter of fiscal year 2022, a year-over-year increase of 17%.
  • Continued robust global demand for commodities, coupled with market volatility, resulted in strong earnings across all business segments.
  • Significantly improved earnings in our Energy segment resulted primarily from higher refining margins driven by strong demand in rural America and global market conditions.
  • Our soybean and canola processing businesses in our Ag segment benefited from strong demand for meal and oil.
  • Our CF Nitrogen investment delivered strong earnings due to robust urea and UAN demand.
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Wisconsin ag teacher wins top CHS Foundation grant

People in business attire standing on a stage holding oversized checks, the sign behind them reads 75 years
At the CHS Annual Meeting, attendees voted to award a $10,000 teacher grant from the CHS Foundation to Sioux Falls Career and Technical Education Academy in Sioux Falls, S.D.; $15,000 to Wyndmere High School in Wyndmere, N.D.; and $20,000 to Osseo-Fairchild School District in Osseo, Wis.

At the CHS Annual Meeting tonight, attendees voted to award a $20,000 first-place teacher grant from the CHS Foundation to Amelia Hayden, a first-year ag educator at Osseo-Fairchild High School. In honor of its 75-year anniversary, the foundation is awarding a total of $75,000 in grants for K-12 teachers to implement projects that will engage students in experiential agricultural education. 

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CHS owners elect five board members and pass bylaw amendments

CHS owners elected five of their peers to the CHS Board of Directors on Dec. 2, 2022. From left: Al Holm, Sleepy Eye, Minn.; Mark Farrell, Cross Plains, Wis.; Jerrad Stroh, Juniata, Neb.; Kevin Throener, Cogswell, N.D.; and Hal Clemensen, Aberdeen, S.D.

CHS owners elected five board members to three-year terms during the cooperative’s 2022 annual meeting held Dec. 1 and 2 in Minneapolis, Minn.

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