CHS president Jay Debertin

The nation’s largest agricultural cooperative is coming off its strongest quarter in seven years.

CHS president and CEO Jay Debertin says for the fiscal third quarter ending May 31st, the company reported net income of $273.6 million compared to $96.7 million in the third quarter of fiscal 2020.

“It was a terrific quarter for the company, and I think it really reflects that CHS and the local cooperatives who own CHS were positioned very well to capitalize on the markets and the spring season that we went through in our third quarter, for the benefit of the farmers who own us.”

He tells Brownfield the more than 180 percent earnings growth can also be attributed to grain exports.

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