Power of cooperative ownership October 26, 2022 As America’s largest farmer-owned cooperative, the cooperative model and the strength it brings to local communities is the backbone of CHS. Every October, that model is celebrated as part of National Co-op Month, which aims to spread awareness about the benefits of being part of the cooperative system and the important role cooperatives play in their communities. As farmers reflect on the last two years, the uncertainty of the markets, supply chain disruptions and high fertilizer costs have presented challenges to their operations. This year’s National Co-op Month theme, “Co-ops Build Economic Power,” serves as a reminder that local cooperatives help weather these dynamic business conditions through quality services, products and cooperative membership benefits. Recently, Debbie Kulm, dryland wheat farmer and producer board member for CHS SunBasin Growers in eastern Washington, discussed how the farmer-first culture of the co-op benefits her family business. “The cooperative structure allows farmers to have an impactful influence on operations,” she explains. “That’s an opportunity that doesn’t exist with private industry companies. With common goals, cooperatives and producers can work together to realize production efficiencies.” Listen to her full interview at cooperativeownership.com.
CHS reports fiscal year 2020 net income of $422.4 million CHS reported net income of $422.4 million for the fiscal year that ended Aug. 31, 2020. This compares to fiscal year 2019 net income of $829.9 million. Key financial drivers… Read More
CHS Inc. owners elect seven board members during CHS Annual Meeting Officers of board also elected by board peers following annual meeting CHS Inc. owners elected seven board members to three-year terms during the cooperative’s 2020 annual meeting held virtually Dec…. Read More
CHS reports $69.7 million in first quarter fiscal 2021 net income On Jan., 6, 2021, CHS Inc., reported net income of $69.7 million for the first quarter of fiscal year 2021 that ended Nov. 30, 2020. This compares to net income… Read More