Articles tagged under: CHS

Thankful for the Opportunities

Published February 25, 2019

CHS Senior Vice-President of Refined Fuels Jason Schwantz serves on the Minnesota FFA Foundation. "One of the things I see is the diversity of people in FFA," says Schwantz. "When I was a younger man, that's exactly what it was, a…

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CHS to Purchase Assets of Country Pride Co-op

Published January 25, 2019

CHS is purchasing a regional agricultural cooperative that serves a dozen communities in South Dakota and Nebraska. Country Pride Cooperative is based at Winner, South Dakota. The deal is expected to be finalized on March 1.

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CHS Fertilizer Hub to be Built at Langdon

Published January 24, 2019

A new 24,000 ton fertilizer facility will be built at the Langdon, North Dakota CHS location. The facility will include two 16-ton blenders, five big bins and four micro-bins to house dry fertilizer. When finished, the hub will have a 1,200…

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CHS Issues 1Q Report

Published January 10, 2019

CHS is reporting first quarter net earnings of more than $347 million. That’s an increase of $160 million from the same quarter last year. Higher margins in the crop nutrients business and improved market conditions in the energy segment were…

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Opportunity to Lock in Fuel Prices

Published January 9, 2019

Farm fuel prices are coming off 18-month lows that have supported the current price increase. Based on a balanced market, CHS Director of Refined Fuel Sales Neil Hoff expects a steady trend of increasing fuel prices. "With the spring planting…

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Mack Moves to Northern Plains Rail Companies

Published December 20, 2018

Dan Mack has been hired as the executive vice president of finance, marketing and sales for Northern Plains Rail Companies. Dan Mack recently resigned as the vice president of rail transportation and terminal operations for CHS. Mack is originally from…

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A Profitable Year for CHS

Published December 10, 2018

CHS is reporting net income of $776 million for the 2018 fiscal year. That’s an increase of $704 million from last year. The biggest increase came from its energy business, due to stronger refinery margins. In an interview with the…

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Crush Margins Vary by Crop

Published December 7, 2018

The processing and food ingredients portion of the CHS portfolio saw mixed results this past year. According to CHS Executive Vice President Darin Hunhoff, it has been a good year for the soybean processing business. "The soy crush margins have…

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Weather Modifies the Fertilizer Strategy

Published December 7, 2018

The 2018 growing season in the Upper Midwest has been bookended by difficult weather. CHS Senior Vice President of Agronomy Gary Halvorson says the fall fertilizer season was less-than-ideal, complicating the spring application season. "Farmers are going to have to…

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Poor Margins in the Ethanol Business

Published December 7, 2018

CHS Senior Vice President John Griffith, who oversees renewable fuels, says the trade war is impacting ethanol. "There are significant tariffs on ethanol going to China with a roughly 70 percent tariff rate. We have significant excess capacity in ethanol…

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