St. Paul, Minn.—CHS Inc. said Feb. 24 that it will share in an estimated $519 million cash distribution to members in 2016 based on $781 million in earnings reported for the year ending Aug. 31, 2015 (GM Nov. 30, 2015). FY2015 earnings were down 28 percent from FY2014‘s $1.1 billion, reflecting singular events as well as lower margins in CHS Energy and Agriculture segments. FY2015 patronage payments were $533.8 million based on FY2014 earnings. However, CHS noted that between FY2012-2016 (based on FY2011-2015 earnings), CHS has distributed a total of $2.7 billion in cash, a $544 million annual average.
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