CHS expects to pay record $388 M patronage

St. Paul-Based on 2007 results, CHS Inc. expects to return a record $388 million to eligible owners in 2008, including patronage and equity redemptions, up from $253 million returned in 2007 based on fiscal 2006 earnings. This marks the fourth consecutive record cash return for the company. Earlier, CHS reported record fiscal 2007 results, with net income of $750.3 million on revenues of $17.2 billion – the fourth consecutive record year for both financial benchmarks (GM Dec. 3, p. 11).