For nearly 90 years, CHS has been synonymous with integrity and community stewardship, rooted in the solid rural values of trust, mutual respect, and doing the right things for the right reasons. Now, continuing in this tradition, CHS is proud to announce an impactful partnership with Nationwide®, aimed at enhancing safety and protection for farmers and ranchers across the nation.
Strong energy and oilseed processing operations contributed to $522.9 million in first quarter net income
Continued robust soybean meal and soy oil demand drove strong earnings in the CHS oilseed processing business in the company’s first quarter of fiscal year 2024.
CHS Inc., the nation’s leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2023. The company reported quarterly net income of $522.9 million compared to $782.6 million in the first quarter of fiscal year 2023.
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.
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
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.