CHS holds grain engulfment safety training

Safety is a core value at CHS, and we appreciate the opportunity to build working relationships with local first responders and fire departments. In an effort to strengthen these relationships, the CHS location in Frederick, Okla., held a grain engulfment training in conjunction with the Oklahoma State University Fire Service Training team.

Funding for the training, meeting supplies and rescue equipment came from a variety of sources including a grant from Oklahoma State University, CHS based in Frederick, and the CHS Seeds for Stewardship grant program, which supports organizations and projects that are focused on safety, ag education, and strengthening and uplifting hometown communities. CHS employees, local first responders from four fire departments, OSU Extension and local EMS attended the classroom and hands-on training.

CHS is proud to support rural communities, fire departments and first responders. “CHS has provided financial support to purchase much-needed equipment,” says Justin Green, Frederick Fire Department. “We have a mutually supportive relationship, which is valued and appreciated.”

The CHS Seeds for Stewardship grant program has recently provided funds for a new grain rescue tube and a thermal imaging camera, which are both being used by the Frederick Fire Department.

“CHS is committed to the safety of our employees, patrons and first responders,” says Brandon Winters, location manager, CHS. “It is important for everyone involved to understand what to do if a grain engulfment incident occurs.”

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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