- Business
- CHS Inc. (CHSCN) is a diversified global agribusiness cooperative owned by farmers, ranchers and member cooperatives across the United States, headquartered in Inver Grove Heights, Minnesota, and founded in 1931 as a merger of predecessor entities Cenex Inc. and Harvest States Cooperatives. The company provides a broad range of products and services including energy products such as Cenex-brand refined fuels, gasoline, diesel, propane, lubricants, asphalt and renewable fuels through owned refineries and pipelines; agronomy solutions encompassing crop nutrients, fertilizers, crop protection products, hybrid seeds, precision agriculture tools and wholesale crop inputs; grain marketing and processing for domestic and export markets in over 65 countries; animal nutrition and livestock feed; food ingredients and edible oil-based products via joint venture Ventura Foods with Mitsui & Co.; nitrogen fertilizers through its CF Nitrogen joint venture with CF Industries; and business solutions like financial services, risk management, insurance and digital platforms such as CHS Connect for wholesale ordering. CHS operates over 450 retail locations primarily in the Midwest and Western U.S., along with processing plants, grain terminals and energy infrastructure, serving approximately 75,000 producers, 750 member cooperatives and 20,000 preferred stockholders with around 10,000 employees worldwide. Recent developments include the fiscal year 2025 net income of $597.9 million on $35.5 billion in revenues, reflecting resilience in agronomy and nitrogen production amid energy segment challenges; closure of a $225 million acquisition of West Central Ag Services in Ulen, Minnesota, in January 2025 to bolster agronomy capabilities; investment in the Scoular grain facility in Holdrege, Nebraska, in August 2025 to optimize supply chain efficiency alongside divestitures to Cooperative Producers Inc.; mutual agreement in October 2025 with Mid-Kansas Cooperative to end their Producer Ag grain marketing joint venture while retaining shared rail terminal ownership; and planned $120 million return of cash patronage and equity redemptions to members in fiscal 2026.