St. Paul — CHS Inc. reports that farmers, ranchers, and member cooperatives in the U.S. will share a record $421 million in disbursements, marking the largest cash return ever by a U.S. cooperative. The cash return is based on record CHS net income of $961.4 million for the fiscal year ending Aug. 31, 2011. The amount includes cash patronage paid on fiscal 2011 business done with CHS. CHS is also distributing cash to member cooperatives as redemption of equity in the company they earned in prior years. In addition, CHS will redeem equities of eligible individual members throughout 2012, and will also pay quarterly dividends to owners of CHS preferred stock. The top five states receiving their share of the $421 million include Minnesota, $93.3 million; North Dakota, $72.3 million; Wisconsin, $36.2 million; South Dakota, $32.4 million; and Iowa, $29.5 million. Since its inception in 1998, CHS has returned more than $2.5 billion in cash to its agricultural producer and member owners.
Transparency Across the Fertilizer Value-Chain