The CEO of the nation’s largest ag cooperative suggests a drop in quarterly earnings could reflect a weaker farm economy.
Jay Debertin with CHS tells Brownfield the company reported 2024 first quarter net income of nearly $523 million, compared to $782 million during the first quarter of 2023.
“At the same time, a year ago it was a record quarter for the history of the company. This year, it’s our second-best quarter in the history of the company, so we’re really happy with the results.