CHS Inc (CHSCP.PFD) Reports Decline in Q2 Earnings Amid Market Shifts
Ag Segment Shows Strength While Energy Margins Fall in Second Quarter Fiscal 2024
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Ag Segment Shows Strength While Energy Margins Fall in Second Quarter Fiscal 2024
CHS Inc., the nation's 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