10/10/2025 | Press release | Distributed by Public on 10/10/2025 09:35
CHS Inc. and Mid-Kansas Cooperative (MKC) have mutually agreed to start the process to end their grain marketing joint venture.
"For the past two years, CHS has worked closely with MKC to bring a joint grain marketing venture called Producer Ag to fruition," said John Griffith, executive vice president, CHS ag business and CHS Hedging. "While CHS will no longer continue forward with the grain purchasing venture, I want to thank MKC for the opportunity for our cooperatives to work together in this way. Our ongoing relationship with MKC is strong and reflects our commitment to strengthening the cooperative system."
CHS and MKC have a long history of collaborating in the region. The two cooperatives will continue joint ownership of three grain rail terminals in Kansas.
"We appreciate the dedication, cooperation and hard work that went into building our grain marketing relationship," said Brad Stedman, president and CEO, MKC. "We are confident in our continued work with CHS and look forward to serving our respective customers and owners in the Southern Plains."
Once the grain marketing joint venture has ended, both companies will continue to independently operate across the region, including owning and operating assets and grain marketing operations.
About CHS
CHS Inc. (https://www.chsinc.com) creates connections to empower agriculture. As a leading global agribusiness and the largest farmer-owned cooperative in the United States, CHS serves customers in 65 countries and employs approximately 10,000 people worldwide. We provide critical crop inputs, market access and risk management services that help farmers feed the world. Our diversified agronomy, grains, foods and energy businesses recorded revenues of approximately $39 billion in fiscal year 2024. CHS is committed to reducing our impact on the planet, finding and developing new solutions in agriculture and energy, and investing in ways to build a better future for our owners, customers, employees and communities.
About MKC
Founded in 1965, MKC is a member-owned farm service cooperative that serves over 19,000 members and customers in Colorado, Kansas, Missouri, and Oklahoma. It operates 57 locations and 3 rail terminals with over 500 employees living in 150 communities. MKC focuses on five business units: agronomy, animal nutrition, energy, grain, and risk management services. It is headquartered in Moundridge, KS.
This document and other CHS Inc. publicly available documents contain, and CHS officers, directors and representatives may from time to time make "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on CHS current beliefs, expectations and assumptions regarding the future of CHS businesses, financial condition and results of operations, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of CHS control. CHS actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are discussed or identified in CHS filings made with the U.S. Securities and Exchange Commission, including in the "Risk Factors" discussion in Item 1A of CHS Annual Report on Form 10-K for the fiscal year ended August 31, 2024. These factors may include changes in commodity prices; political, economic, legal and other risks of doing business globally; ongoing wars and global conflicts; global and regional factors impacting demand for CHS products; the impact of government policies, mandates, regulations and trade agreements; the impact of inflation; the impact of competitive business markets; any loss of members who choose to do business with other companies instead of CHS; the impact of market acceptance of alternatives to refined petroleum products; consolidation among CHS suppliers and customers; nonperformance or nonpayment by contractual counterparties; deterioration in credit quality of third parties who owe CHS money; the effectiveness of CHS risk management strategies; actual or perceived quality, safety or health risks associated with CHS products; business interruptions, casualty losses and supply chain issues; the impact of epidemics, pandemics, outbreaks of disease and other adverse public health developments; the impact of workforce factors; technological improvements and sustainability initiatives that decrease demand for CHS products; security breaches or other disruptions in CHS information technology systems or assets; increased scrutiny and changing expectations with respect to environmental, social and governance practices; failures or delays in achieving strategies or expectations related to climate change or other environmental matters; CHS ability to complete, integrate and benefit from acquisitions, strategic alliances, joint ventures, divestitures and other nonordinary course-of-business events; changes in federal income tax laws or CHS tax status; the impact and costs of compliance or noncompliance with applicable laws and regulations; the costs of compliance with environmental and energy laws and regulations; the impact of environmental liabilities and litigation; the impact of seasonality; the impairment of long-lived assets; CHS funding needs and financing sources; financial institutions' and other capital sources' policies concerning energy-related businesses; limits on CHS ability to access equity capital due to its cooperative structure; and other factors affecting CHS businesses generally. Any forward-looking statements made by CHS in this document are based only on information currently available to CHS and speak only as of the date on which the statement is made. CHS undertakes no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise except as required by applicable law.
Register now for the Dec. 4-5 meeting in Minneapolis, Minn.
CHS Board of Directors Chair Dan Schurr discusses the impact of cooperatives in rural communities.
Celebrate National Co-op Month by learning how cooperatives support owners, customers and rural communities.