Articles tagged under: CHS

MN Farmer Penalized for Fraud

Published June 4, 2021

A Traverse County, Minnesota farmer has been sentenced to four years of probation, local community confinement and more than $400,000 in restitution for his role in a case of fraud. According to court documents, Bryan Crandall conspired with two employees…

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Ag Shippers Relieved as Mississippi River Reopens

Published May 14, 2021

On Friday, the Mississippi River reopened for barge traffic after being closed 48 hours. There were 62 vessels and more than 1,000 barges in the que to move near Memphis. "We've averted disaster," said CHS Barge Freight Merchandiser Ben Doane.…

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Renewable Energy Credits and COVID Influence CHS Financials

Published April 9, 2021

CHS President and CEO Jay Debertin says the entire energy segment is feeling the impacts of the pandemic. "This negatively impacted energy returns. In addition, we had high costs associated with complying with the Renewable Fuel Standard. Renewable fuels credits…

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CHS: Ag Earnings Not Enough to Offset Losses in Energy Segment

Published April 7, 2021

CHS is reporting a second quarter net loss of $38 million. That compares to a $125 million gain in the same quarter last year. The agriculture and nitrogen production segments had a significant increase in earnings year-over-year. That was offset…

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CHS Expands E15 Fuel Access

Published March 29, 2021

CHS is expanding access to higher ethanol blended fuels at ten fuel terminals come early April. This includes locations in Iowa, Kansas, Nebraska and South Dakota. "Expanding options for ethanol blended fuel is important for our Cenex brand retailers and…

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Final Section 199A Rule Pending at Federal Register

Published January 18, 2021

It’s not uncommon for an outgoing administration to push forward with rules during their final days in office. However, National Council of Farmer Cooperatives President and CEO Chuck Conner says there’s a tremendous backlog of regulations and rules pending at…

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1Q Income Reported by CHS

Published January 7, 2021

CHS is reporting net income of nearly $70 million for the first quarter of the fiscal year. That’s down from $178 million in the same quarter last year. The cooperative got a boost from good harvest weather, increasing volumes and…

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Canola Acreage Steady for ND in 2020

Published January 6, 2021

CHS Lake Region Agriculture Specialist Ron Beneda reviewed the 2020 canola crop for the virtual Lake Region Extension Roundup. Canola acreage remained fairly steady in 2020. "Canola acres in the northwest increased this year and we leveled off acres throughout…

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CHS Board Elected

Published December 9, 2020

Iowa farmer Dan Schurr has been reelected as president of CHS. Jon Erickson of Minot is the second vice chair.

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CHS Promotes Ag Careers to the FFA

Published October 29, 2020

The career expo is always a highlight at the National FFA Convention. With the virtual format, CHS Communications Specialist Tera Stoddard is still reaching out to members of the blue and gold. "We're not getting that face-to-face connection which is…

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