CHS Members Receiving $1B Payout

Thu 9-15-2022

(Inver Grove Heights, MN)- Minnesota-based CHS, the nation’s highest-grossing ag cooperative, is paying out $1 billion to its members, our times last year’s number and by far the largest annual payout in its history. CHS says it reflects a windfall the cooperative received as farmers in much of the U-S saw a large jump in their income, fueled by the war in Ukraine and surging global demand for food and fuel, another area where CHS has significant operations. CHS member-owners will receive $500 million in cash over the coming year, with a like amount to be distributed in equity redemptions.