USA — CHS Inc., the largest farmer-owned cooperative in the United States, has announced plans to return US$600 million to its owners through cash patronage and equity redemptions during the calendar year 2025.
CHS Inc. operates on a global scale, serving customers in 65 countries and employing nearly 10,000 people worldwide. The cooperative’s diverse operations, including agronomy, grains, foods, and energy, generated revenues of $45.6 billion in fiscal year 2023.
With 230 grain storage facilities and a total licensed grain storage capacity of 403 million bushels, CHS is recognized as the second-largest grain handler in North America, according to Sosland Publishing Co.’s 2024 Grain & Milling Annual.
This distribution reflects the cooperative’s commitment to its member-owners and underscores its role in bolstering rural America’s agricultural sector.
The CHS board of directors has determined that the total amount of cash to be returned to CHS owners for the fiscal year 2024, ending August 31, will be split evenly: US$300 million in cash patronage and US$300 million through equity redemptions.
This distribution marks the third-highest cash return in the cooperative’s history.
When these payments are completed, CHS will have returned over US$2.3 billion to its owners in the past three years and nearly US$3.5 billion over the past decade.
Dan Schurr, Chair of the CHS Board of Directors, emphasized the cooperative’s mission, detailing that as CHS continues to build capabilities and efficiencies to better serve our owners, customers, and communities, the cooperative is acting on its purpose of creating connections to empower agriculture.
“The cooperative model is based on the concept of building strength by working together. As a leading cooperative, CHS is committed to sharing that financial strength with our owners, the farmers, ranchers, and cooperatives who make up rural America.”
In addition to the upcoming cash returns, CHS will release final financial results for fiscal year 2024 in November, including details on patronage equity certificates issued to members. This will provide further insights into the cooperative’s financial health and its commitment to its stakeholders.
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