About CHS
CHS is a global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, agronomy, grains and foods, we’re committed to creating connections to empower agriculture, helping our owners and customers grow their businesses.
Our businesses
CHS offers a breadth of products and services to support our owners and customers every step of the way. Our practical solutions, local expertise and global connections give our farmer-owners and local cooperatives competitive advantages to reach their goals.
AGRONOMY
GLOBAL GRAIN & PROCESSING
Stewardship
CHS is committed to making a meaningful impact in agriculture and rural America. Through our stewardship initiatives, we invest in programs that develop new generations of ag leaders, promote ag safety and strengthen hometown communities.
ABOUT STEWARDSHIP
Cooperative value
Cooperatives are owned and governed by members who use its products, supplies, or services and operate in many sectors of the economy. In a cooperative system, people come together to scale buying power, gain access to goods and services and create economic opportunity.
Careers
At CHS, our teams work together to provide the products, services and expertise farmers and cooperatives need to feed a growing population. As a CHS employee, you help empower agriculture by creating connections that bring shared success.
CHS Board announces patronage and equity distribution
Patronage and equity are key benefits for owners of CHS and the cooperative system. CHS is committed to distributing patronage and redeeming equity for its owners while maintaining a strong balance sheet so it can continue to provide owners with the goods, services and supply chain capabilities required for long-term success.
Following the close of fiscal 2018, the CHS Board of Directors has announced the following patronage and equity distribution decisions:
- As in previous years, 10 percent of fiscal 2018 patronage-based earnings will be designated to the unallocated reserve to continue building balance sheet strength.
- CHS will return $150 million to its owners in cash patronage and equity redemptions.
- Individual member equity redemptions will include all requests made in fiscal 2018 by estates and members age 70 and older, plus requests that are made during fiscal 2019. Requests made in fiscal 2018 will be paid in the first quarter of fiscal 2019, which ends Nov. 30.
- Cooperative association equity redemptions in fiscal 2019 will include historic qualified equity certificates and a portion of non-qualified equity certificates issued in fiscal 2018 related to fiscal 2017 patronage.
- Both cash patronage and non-qualified equity redemption are targeted for payment in February 2019.
- Additional fiscal 2018 patronage will be distributed as qualified cash patronage and non-qualified equity certificates. Those amounts will be set when year-end financial reports are filed in November.
- CHS will pass $150 million in DPAD (domestic production activities deduction) benefits to eligible owners before Dec. 31, 2018.