Photo courtesy of FLICKR USER
When you think about propane, what comes to mind? Maybe it’s the tank outside a home. Or the grill in your backyard. Without a doubt, these are both popular uses for propane, but don’t be fooled — there’s a lot more this gas can fuel.
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.”
High school students across the United States are encouraged to share their views about agriculture’s role in a growing world through the 2018 National Ag Day Essay Contest.
The contest deadline is January 31. This year’s theme is “How Will Agriculture Feed the World?” The contest, organized through Agriculture Council of America (ACA), is divided into two categories: the written essay contest and the video essay contest. Both are national competitions and there will be one winner for each category. (more…)