Monthly Archives:: January 2019

CHS to build 24,000-ton fertilizer hub

planting season

CHS has announced plans to build a new 24,000-ton fertilizer facility at its Langdon, North Dakota, location, part of its Country Operations retail division. This expansion is meant to broaden both supply and services to growers in Cavalier County, providing much-needed speed and space to meet growing demand. The new dry fertilizer facility will include two 16-ton blenders, five big bins and four micro-bins. When finished, the state-of-the-art hub plant will provide 1,200 per ton per hour unloading. Access to the BNSF via the existing CHS loop track at Langdon takes full advantage of the CHS integrated supply chain and position as a leading crop nutrients wholesale distributor in North America ensuring area producers have the product they need when they need it.

“This investment on behalf of our farmer-owners helps ensure we continue to drive value for them and their farms,” said Mark Greicar, CHS general manager. “We’re proud to be able to grow our operations to meet our patrons’ growing needs.” CHS expects to break ground as soon as weather permits this spring.

CHS reports $347 million first quarter fiscal 2019 net income

Winter scene

CHS Inc. has reported a net income of $347.1 million for the first quarter of fiscal 2019. “Our strong first quarter results position us well as we start our 2019 fiscal year,” said Jay Debertin, CHS president and chief executive officer. “We are focused on making CHS our customers’ first choice by advancing our technology solutions and equipping employees to meet the changing needs of our customers around the world. We will do this while maintaining financial discipline and rigor.”

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