CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, reported net income on July 11, 2018, of $229.3 million for the third quarter of its 2018 fiscal year (three-month period ended May 31, 2018), compared to a net loss of $45.2 million for the same time period a year ago.
Consolidated revenues for the third quarter of fiscal 2018 were $9.0 billion, up from $8.6 billion for the third quarter of fiscal 2017. Pretax income was $289.4 million for the third quarter of fiscal 2018, compared to a loss of $209.2 million for the same period the prior fiscal year.
“Thanks to the hard work of many throughout CHS, we’ve made great strides this year in strengthening relationships, optimizing operations and improving results from our core businesses,” said CHS President and CEO Jay Debertin. “The steps we’ve taken will better position us to navigate the inevitable cycles in agriculture and energy. I am proud of our team and their dedication and commitment to operating with excellence.” (more…)
Getting the most out of an herbicide application not only includes maximizing efficacy, but also minimizing damage caused by herbicides. Being aware of what can go wrong and how to avoid it can lead to effective, on-target herbicide applications and help growers have a successful growing season – without the distress and loss caused by applications gone awry.
Two threats to herbicide applications are drift and volatilization. While they may seem similar, they are quite unique and require different attention to ensure that neither occur. (more…)
Join us as we take the next step in our grain marketing journey. We will review the basics of grain marketing as well as take a more in-depth look at options and compass contracts. Click here for more details.
WHEN: Tuesday, February 20
23142 Hwy 74
St. Charles, MN 55972
TIME: 9:00 ...Continue Reading »
Announcing CHS Average Price Contract for 2018
Diversify your marketing strategy with CHS average pricing. Daily pricing for old crop futures will begin March 1 and end June 15. Daily pricing for new crop futures will begin March 1 and end August 31. Click Here for more details. Sign up is open now through February 23.
Contact your local CHS merchandiser ...Continue Reading »