USA- Agribusiness cooperative CHS, headquartered in Minnesota, is looking to build a food-grade soybean oil and soybean meal production site near Evansville, Wisconsin to expand its soybean processing capabilities. According to a statement by Patrick Mullooly, president of the Wisconsin Soybean Marketing Board, to Brownfield Ag News, the grain processor is early in the process of fulfilling this milestone and…
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Global demand for energy and oilseeds products drives CHS Q3 earnings
USA- Leading cooperative CHS Inc recently released their third quarter financial results, revealing that strong demand for energy and oilseed products translated into solid earnings for the company. The company’s Q3 results highlighted two main drivers of the company’s earnings although the company reported an overall net income of US$547.5 million compared to a record third-quarter net income of US$576.6…
Read MoreCHS names Sarah Bovim Vice President of Government Affairs
USA- CHS Inc., a US-based agribusiness cooperative, announced the appointment of Sarah Bovim as vice president of government affairs on March 20. Bovim brings more than 17 years of experience to CHS, leading government affairs and public policy for Whirlpool Corp. and Albertsons Companies (ACI), one of the largest US food and drug retailers. Before working in the private sector,…
Read MoreCargill expands joint venture with CHS as Uralchem eyes takeover of its assets in Russia
USA – Agribusiness giants CHS and Cargill have announced the intent to expand the scope of their joint venture, TEMCO, by adding the Cargill-owned export grain terminal in Houston, Texas. The Houston terminal has a capacity of six million bushels of storage and is located approximately 40 miles inland from the Gulf of Mexico via Galveston Bay. It can simultaneously hold 350 rail cars…
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