CHS Inc.

CHS Inc. is a Fortune 100 business owned by United States agricultural cooperatives, farmers, ranchers, and thousands of preferred stock holders. Based in Inver Grove Heights, Minnesota, it owns and operates various food processing and wholesale, farm supply, Cenex brand fuel, financial services and retail businesses, and is a co-owner of Ventura Foods, a vegetable oil processor.

For the UK government agency also named Cenex, see Centre of Excellence for Low Carbon and Fuel Cell Technologies
CHS Inc.
TypePrivate. Secondary agricultural cooperative
NASDAQ: CHSCP
IndustryWholesale agriculture products
Fuels
Founded1931 as Farmers Union Central Exchange
Headquarters
Inver Grove Heights, Minnesota
,
United States
Key people
Jay Debertin (CEO)
Revenue US$28.406 billion (2020)[1]
US$277.27 million (2020)[1]
US$422.4 million (2020)[1]
Total assets US$15.994 billion (2020)[1]
Total equity US$8.819 billion (2020)[1]
Number of employees
10,493 (August 2020)[1]
SubsidiariesCenex
Websitewww.chsinc.com

It is ranked 1st on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives (ranked by 2012 revenue), and 96th (by 2017 revenue) in the Fortune 500 2018 list of United States corporations.[2]

A Cenex gas station in Gillette, Wyoming

History

The history of CHS began in 1931 with the founding of the Farmers Union Central Exchange in Saint Paul, Minnesota. Later, the core cooperative company became Cenex, from the combination of the last two words in its previous name.

In 1998, Cenex merged with Harvest States Cooperatives to form Cenex Harvest States.

In 2003, the cooperative changed its legal name to CHS Inc.

References
  1. "CHS Inc. 2020 Annual Report (Form 10-K)". last10k.com. U.S. Securities and Exchange Commission. 31 August 2020.
  2. "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved 2018-11-10.
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