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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 30, 2024
The nation's largest agribusiness cooperative posted a $38.2 million loss for its second quarter, citing low refining margins and higher costs for renewable energy credits within its energy segment that couldn't overcome significant growth in its agriculture and fertilizer business.
President Joe Biden has nominated Doug Parker to be the assistant secretary for occupational safety and health at the Department of Labor and plans to nominate Republican Cindy McCain as the U.S. ambassador to the U.N. World Food Programme.
Recent years of financial stress and trade disruption in agriculture, coupled with the COVID-19 pandemic, produced new challenges for farmer-owned agricultural coops and have prompted many to rethink their business models.
Dan Mauer joins CHS based in the Washington, D.C. office, the U.S. Wheat Associates brings three on to its team, and the National Grain and Feed Association promotes six staff members.
Agricultural giant CHS Inc. is the largest cooperative in the nation and had more than twice the revenue of any other co-op in 2018, the National Cooperative Bank reports.
WASHINGTON, Oct. 9, 2017 – CHS Inc., a farmer-owned cooperative that supplies energy, crop nutrients, animal feed, insurance and other services to U.S. agricultural producers, is once again the country’s top revenue producing cooperative.