Phosphate industry expects minor impact from Irma


There was a small uptick in phosphate sales ahead of Hurricane Irma’s arrival in Florida, where the bulk of North American phosphate production is located. Phosphate facilities there shut down as part of their hurricane preparedness plans.

Early reports from manufacturers are that damage at the facilities appears to be limited, but full assessment will take time. Some finished product has sustained water damage but no exact estimates have been released yet.

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Local students receive CHS Foundation scholarships to pursue careers in agriculture

CHS Interns for 2017

 

The CHS Foundation, funded by charitable gifts from CHS Inc., is committed to developing the next generation of leaders in agriculture. As part of the foundation’s work centered on advancing agriculture education, it has awarded scholarships to six Colorado high school graduates. The Colorado students are among 100 students representing 23 states and Canada. Each will receive a $1,000 scholarship to cover expenses associated with their freshman year of college.

“The success of our hometown communities and rural America depends on students with a strong interest in agriculture to pursue ag-focused degrees and be the innovators to feed the world into the future,” says Nanci Lilja, president, CHS Foundation. “We’re pleased to recognize these students with scholarships and join their communities in looking forward to the important contributions they’ll make to the ag industry.”

These Minnesota high school students are among the 2017 CHS scholarship winners:

  • Erica Earley, Wykoff, Minn.; Northeast Iowa Community College; Agriculture Business and Beef Science
  • Jacey Edlin, Jackson, Minn.; South Dakota State University; Agricultural Education
  • Mikayla Erf, Oakdale, Minn.; University of Minnesota, Twin Cities; Animal Science
  • Dillon Gratz, Atwater, Minn.; South Dakota State University; Dairy Science
  • Kylee Kohls, Litchfield, Minn.; South Dakota State University; Agriculture Education, Communications & Leadership
  • Adam Kroll, Royalton, Minn.; North Dakota State University; Ag Economics
  • Holly Larson; Medford, Minn.; South Dakota State University; Agricultural Education
  • Madeline Patterson, Kenyon, Minn.; North Dakota State University; Agricultural Communication
  • Kourtney Pederson, Farmington, Minn.; Iowa State University; Agribusiness
  • Joshua Schlumpberger, Bowlus, Minn.; University of Minnesota, Twin Cities; Computer Science
  • John Toelle, Brown’s Valley, Minn.; North Dakota State College of Science; Farm Management
  • Jared Troendle, Lanesboro, Minn.; South Dakota State University; Agricultural Business
  • Madeline Weninger, Buffalo, Minn.; South Dakota State University; Agricultural Education
  • Sierra Williamson, Sherburn, Minn.; University of Minnesota, Twin Cities; Agricultural and Food Business Management

An independent, external committee selected recipients based on their career goals, essays, extracurricular involvement, transcripts and reference letters.  In addition to high school scholarships, the CHS Foundation funds an additional 200 scholarships for students enrolled in an agricultural-related program at colleges across the country. These scholarships range from $1,000 to $2,000 and are directly administered by more than 30 CHS partner schools. Click here for more information. 

About the CHS Foundation
The CHS Foundation is funded by charitable gifts from CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company. As a part of the CHS stewardship focus, the CHS Foundation supports organizations that develop future leaders for agriculture through education and leadership programs, improve agricultural safety and enhance community vitality in rural America. Learn more at chsinc.com/stewardship.

Partnering with ASA for Agronomy Training Development

agronomy training 

CHS has partnered with The American Society of Agronomy (ASA) to collaborate in creating a dynamic, online-learning program focused on improving sustainability practices and standards in production agriculture. The curriculum will be designed for agronomists and agribusiness professionals and will establish a recognized, industry-wide standard of education to help agronomists and other agriculture professionals truly implement sustainable practices in the field.  (more…)

Door prize winners from our CHS Customer Appreciation Day

Another customer appreciation is in the books and we would like to thank everyone for coming and for your continued patronage. A special thank you to the Tyler Golf Club, Lincoln County Pork Producers, Kronborg Inn, Dow, Monsanto and our CHS employees for all you do to make this a successful event!

Congratulations to our winners:

  • MN TWINS tickets: Cheryl Maranell
  • YETI cooler: Steve Bush
  • Surestart coolers: Joel Koster, Conrad Schardin, Dale Johnson
  • DEKALB YETI cup and golf balls: Randy Nielsen
  • ALLEGIANT tee shirts: Brad Johnson, Ron Demuth, Jim Vandendriessche, Roger Longhenry

Thank you to everyone who came out and joined us!

CHS reports fiscal 2017 third-quarter results

Underlying business performance stable, one-time events cause quarterly loss

PAUL, MINN. (July 14, 2017) – CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, announced a net loss of $45.2 million for the third quarter of its 2017 fiscal year (three-month period ended May 31, 2017), compared to net income of $190.3 million for the same period one year ago. Consolidated revenues for the third quarter were $8.6 billion, compared to $7.8 billion for the third quarter of 2016, representing a 10 percent increase.

“Despite the economic challenges in agriculture and energy, several of our underlying businesses are having a solid year,” said CHS President and Chief Executive Officer Jay Debertin. “Unfortunately, we’ve experienced three negative one-time events this fiscal year that have resulted in charges leading to a loss in the third quarter and a significant earnings decline for the year to date. In response to these events, we are implementing measures to better identify risk management gaps in some of our processes and when necessary enhance our ability to effectively manage our risks.”

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Local CHS businesses vote to unify for greater patron benefit

As locally governed CHS ag retailers, the two producer boards of CHS Eastern Farmers and the CHS business based out of Marshall, Minn., recently voted unanimously to unify their operations and create one, new business unit within CHS Inc.. The two boards came to this decision after much thoughtful discussion about how best to serve the farmers, ranchers and other customers in southeastern South Dakota and southwestern Minnesota. (more…)

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