Latest Cenex Stories

ST. PAUL, Minn., Sept. 23 /PRNewswire-FirstCall/ -- CHS Inc., a leading energy, grains and foods company, and Agrico Group, headquartered in Moscow, Federal Republic of Russia, have formed a joint venture company named ACG to manage origination, logistics, export and worldwide marketing of Russian wheat, feed grains and potentially oilseeds. The ACG joint venture does not include other Agrico businesses or operations. Employees working in Agrico grain origination, logistics and grain...

ST. PAUL, Minn., Sept. 14 /PRNewswire-FirstCall/ -- CHS Inc., (Nasdaq: CHSCP) a leading energy, grains and foods company, has opened an office in Buenos Aires, Argentina. "This South American location is an important step in the fulfillment of our CHS global strategy," said Rick Browne, senior vice president, CHS Grain Marketing. "It will also be particularly important in strengthening our soybean supply chain to global customers." This is the company's seventh foreign office, joining...

ST. PAUL, Minn., Sept. 2 /PRNewswire-FirstCall/ -- CHS Inc., (Nasdaq: CHSCP) a leading energy, grains and foods company today announced it has invested in a project that will result in partial ownership of a grain export terminal with GN Terminals, Odessa. The two companies will operate an export terminal there with expected annual grains shipping capacity of two million tons. Under the agreement and upon closing, CHS (www.chsinc.com) will manage part of the terminal's capacity,...

ST. PAUL, Minn., July 9 /PRNewswire-FirstCall/ -- CHS Inc., a leading energy, grains and foods company, today reported earnings of $284.1 million through the third quarter of fiscal 2009. Net income for the nine-month period (Sept. 1, 2008 - May 31, 2009) compares with earnings of $657.6 million through the third quarter of fiscal 2008. Revenues through May 21, 2009, were $19.1 billion, down 16 percent from $22.8 billion for the previous year. The revenue decline was attributed to lower...

ST. PAUL, Minn., April 9 /PRNewswire/ -- CHS Inc. (Nasdaq: CHSCP), a leading energy, grains and foods company, today reported earnings of $219.5 million for the first half of its 2009 fiscal year. Net income for the first half of fiscal 2009 (Sept. 1, 2008 - Feb. 28, 2009) compares with $468.9 million for first six months of fiscal 2008. Total revenues for the first two quarters of fiscal 2009 were $12.9 billion and compared with $13.4 billion for the same period of 2008. Revenues for...

ST. PAUL, Minn., Feb. 13 /PRNewswire-FirstCall/ -- CHS Inc. owners in 48 states are sharing in an unprecedented up to $343 million disbursement as a result of the leading energy and grain-based foods company's record fiscal 2008 earnings. It marks the fifth consecutive record return to owners by CHS and is the largest ever made by a U.S. cooperative. A $231 million distribution currently underway consists of cash patronage, equity redemption and CHS preferred stock issued as equity...

ST. PAUL, Minn., Jan. 27 /PRNewswire-FirstCall/ -- CHS Inc., a leading energy and grain-based foods company, has completed its acquisition of Winona River & Rail, Inc., a subsidiary of Rosen's Diversified, Inc., Fairmont, Minn. The acquisition will strengthen the company's Midwest and upper Mississippi River crop nutrients position through improved storage capacity and rail access. The Winona River & Rail assets include roughly 90,000 tons of dry fertilizer storage...

ST. PAUL, Minn., Jan. 13 /PRNewswire-FirstCall/ -- CHS Inc. (Nasdaq: CHSCP), a leading energy and grain-based foods company, today reported earnings of $137.3 million for the first quarter of its 2009 fiscal year. Net income for the quarter (Sept. 1 - Nov. 30, 2008) compared with $300.9 million for the same period of fiscal 2008. Operating earnings for the quarter were $232.8 million compared with $248.2 million for the same period a year ago. Revenues for the quarter were $7.7...

ST. PAUL, Minn., Dec. 10 /PRNewswire-FirstCall/ - Members of CHS Inc., a leading energy, grains and foods company, have selected six producers to serve three-year terms on the farmer-owned cooperative's board of directors. (Photo: http://www.newscom.com/cgi-bin/prnh/20081210/AQW511) Delegates elected Eleva, Wis., producer Greg Kruger as one of two directors representing producers in a region which includes 19 Great Lakes and eastern U.S. states. Kruger succeeds Robert...

MINNEAPOLIS, Dec. 4 /PRNewswire-FirstCall/ -- Leaders of CHS Inc. (Nasdaq: CHSCP), one of the nation's leading energy, grains and foods companies, today attributed strong 2008 performance to maintaining financial stability and disciplined-growth during a period of unprecedented market volatility. "After five consecutive years of record results -- the combination of our own hard work, growth and what the market has handed us -- we must be realistic and ready to respond," said John...