CHS Reports Record First Quarter Earnings

ST. PAUL, Minn., Jan. 5, 2022 /PRNewswire/ -- CHS Inc.,(NASDAQ: CHSCP) the nation's leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2021. The company reported record quarterly net income of $452.0 million compared to $69.7 million in the first quarter of fiscal year 2021. The significant improvement in earnings was largely driven by strong global demand across key businesses compared with lower demand during the same period a year ago as a result of the COVID-19 pandemic.