Denise Montgomery is retiring January 12. Denise started with Ostrander Farmers Cooperative in 2010 and has been in Wykoff for her entire career with CHS. Denise, thank you for all that you have done for CHS and the Wykoff area. Over the years she has developed strong friendships with our farmer customers, which has supported our business. Developing relationships is as necessary as having a good bid, and she will be missed. Enjoy retirement, Denise!
CHS reported net income of $180.1 million for the first quarter of its 2018 fiscal year (three-month period ended Nov. 30, 2017), compared to net income of $209.2 million for the same period a year ago.
Consolidated revenues for the first quarter of fiscal 2018 were $8.0 billion, the same as fiscal 2017. Pretax income was $199.6 million and $225.6 million for the first quarter of fiscal 2018 and 2017, respectively.
“Despite challenging market conditions, CHS experienced a solid first quarter thanks to our continued focus on three key priorities: strengthening relationships, sharpening operational excellence and restoring financial flexibility,” said CHS President and Chief Executive Officer Jay Debertin. “In the first quarter, we recorded solid earnings from our businesses and reduced long-term debt. These actions are helping to strengthen and grow CHS.”
MARKETING 101: BACK TO THE BASICS
TUESDAY, DECEMBER 12
23142 HWY 74
ST. CHARLES, MN 55972
Join us for as we go back to the basics of grain marketing. There will be a review of the basic terminology and key components of a successful risk management plan. We will also dive into different ...Continue Reading »
Announcing CHS PRO ADVANTAGE for the 2018 and 2019 crop years
Take the emotion out of selling some of your grain. Take advantage of professional pricing of a portion of your crop. Enrollment is open now for the 2018 and 2019 crop years. Contracts options include: One-year corn and soybeans; Two-year corn and soybeans; as well ...Continue Reading »