Jay Debertin News Today

Ag Segment Shows Strength While Energy Margins Fall in Second Quarter Fiscal 2024

CHS Inc., the nations leading agribusiness cooperative, today released results for its second quarter ended Feb. 29, 2024. The company reported quarterly net income of $170.3 million and revenues of...

Warm winter weather hurt demand for propane and other fuels, which Minnesota-based CHS sells in abundance. As a result, the cooperative saw quarterly profits fall 41% compared to a record-setting quarter last year, while revenue was down 19%. CHS, which makes and markets propane, gasoline and diesel, saw energy profits decline 76%, to $51 million, for the fiscal quarter that ended in February. ...

To meet the rising demand for renewable diesel fuel, the U.S. soybean market is rapidly changing. A group of Iowa State University students recently spent a wee

To meet the rising demand for renewable diesel fuel, the U.S. soybean market is rapidly changing. A group of Iowa State University students recently spent a wee

Two of the country’s largest agricultural cooperatives say they are exploring ways to “further collaborate to better serve owners, customers and the cooperative system into the future.”

Strong energy and oilseed processing operations contributed to $522.9 million in first quarter net income at CHS.

Cooperatives see opportunity to better serve their owners, customers

Cooperatives anticipate emerging with even stronger relationship focused on improving customer outcomes.

ST. PAUL, Minn - CHS Inc., the nations leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2023. The company reported quarterly net income of $522.9 million...