CHS reports $596.3 million of net income for first six months of fiscal 2019

CHS Income

CHS Inc. reported net income of $248.8 million for the second quarter of fiscal 2019 and $596.3 million for the first six months of fiscal 2019.

“Our strong performance in the second quarter reflects our hard work at serving our owners and other customers better. We’ve refocused on serving our customers and improving our operations, and that has shown positive results in our financials for the first half of fiscal 2019,” said Jay Debertin, CHS president and chief executive officer. “Our performance also reflects the benefit of a diverse platform across business units that serves our cooperative and farmer-owners.”

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Recognize, respect risks associated with grain handling

Grain powers American agriculture. During Stand-Up for Grain Safety Week, March 25 through 29, we want to remind everyone working on farms and in grain-handling facilities to respect and understand the risks associated with working with grain.

“It’s important to continue to work with the industry, our employees and our farmer-owners on the hazards in the grain industry, while stressing safe practices and controls to ensure their safety,” says Matt Surdick, manager, Country Operations Environment, Health and Safety, CHS.

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It Takes Talent to Feed the World

By Nanci Lilja, President, CHS Foundation

When most people think of agriculture, they wonder how we are going to feed the growing population of 9.6 billion by 2050. And while that’s an important question to consider, I find myself thinking more often about the individuals needed to fill the talent pipeline to feed that growing population.

With nearly 4 in 10 agriculture jobs going unfilled each year and the average-age of farmers ever increasing, it’s going to take a pragmatic, creative approach to encourage young people to pursue careers in agriculture.

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CHS adds crop protection distribution with acquisition of West Central

West Central Distribution

CHS has completed the acquisition of West Central Distribution, LLC, a full-service wholesale distributor of agronomy products headquartered in Willmar, Minnesota.

“Completing the acquisition of West Central demonstrates our commitment to provide more of the products, services and technologies cooperatives, retailers and our farmer-owners need to compete,” said Gary Halvorson, senior vice president, CHS Agronomy. “Ownership of West Central expands our agronomy platform, positions CHS as a leading supply partner to cooperatives and retailers serving growers throughout the United States and adds value for CHS owners.”

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Will 2019 be a disease year?

It may be impossible to tell with complete certainty where a disease will be an issue, but most people can agree on the conditions that can lead to disease. These conditions, otherwise known as the Disease Triangle, include a susceptible host, a conducive environment and a pathogen. When those three things collide, there will be a disease issue.

disease triangle

Though we can see the triangle forming, we can’t always predict how strong the pathogen will spread or how strong it will be. Because we are unable to make this prediction, prevention and planning are key to stopping the spread of diseases.

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© 2019 CHS Inc.