Reading Time: < 1 minute Reuters – Agricultural seeds and chemicals supplier Bayer AG is expanding its carbon farming program to members of U.S. farm cooperative CHS Inc, boosting incentives for members to participate in the program, the companies said on Wednesday. The agreement will make it easier for CHS’s 75,000 farmer-members to enrol in Bayer’s Carbon Program, an early […] Read more
U.S. farm co-op CHS to pay members to enrol in Bayer carbon farming program
U.S. grains: Corn, soy, wheat sag as Ida damage spurs export concerns
Traders adjust positions on last day of month
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures touched their lowest prices in weeks on Tuesday as power outages and damage to export facilities from Hurricane Ida stoked concerns about the potential for extended disruptions to shipments, analysts said. Uncertainty over the length of facility closures at the Gulf Coast, which accounts for about […] Read more
Grain flow shifts from China trade war may last years, CHS says
Reading Time: 2 minutes Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with a so-called ‘Phase One’ trade […] Read more
U.S. propane bottlenecks not affecting Canada
Reading Time: 2 minutes MarketsFarm — Despite ongoing shortfalls of propane in some areas of the U.S. Midwest, the situation doesn’t appear to be adversely affecting Canada, according to the Canadian Propane Association. The late harvest in the Midwest has been further hampered by wet conditions, forcing farmers to dry their grain before putting it in the bin. As […] Read more
Ardent Mills to close four U.S. flour mills
Reading Time: < 1 minute Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand and to enhance the efficiency […] Read more
Rush on to reverse U.S. tax boon for ag co-ops
Reading Time: 3 minutes Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of the tax bill that passed […] Read more
Major U.S. grain firms fear harm from new tax law
Reading Time: 3 minutes Chicago | Reuters — The new U.S. tax law is poised to drive more control over the nation’s grain supply to farmer-owned co-operatives, provoking concern among ethanol producers and privately run grain handlers that they could be squeezed out of the competition to buy crops. Until now, the co-operatives, private companies and publicly traded firms […] Read more
CHS sells stake in Bridgeland input venture to UFA
Reading Time: 2 minutes On the heels of its move to sell its wholly-owned crop input stores in Alberta and Saskatchewan, U.S. ag co-operative CHS is selling its remaining Alberta ag retail asset. Alberta farmer co-op UFA (United Farmers of Alberta) announced Tuesday it’s buying CHS’s interest in the two firms’ joint ag retail venture, Bridgeland Limited Partnership, for […] Read more
CHS to shed Prairie crop input retail sites
Reading Time: 2 minutes U.S. farm co-operative CHS is stepping back from Canada’s Prairie crop input retail sector with a deal to sell its 10 retail locations to Richardson International. Winnipeg-based Richardson on Tuesday announced it would buy CHS’s Alberta retail sites at Alix, Beiseker, Bow Island, Carseland, Craddock, Lacombe, Rolling Hills, Standard and Vauxhall, and the co-op’s lone […] Read more
CHS replaces CEO after earnings decline, Brazil exposure
Reading Time: 2 minutes Chicago | Reuters — CHS Inc., the biggest U.S. agricultural co-operative, named a new chief executive on Monday, after suffering a sharp decline in income and confirming it was a creditor of a failing Brazilian commodities trader. Minnesota-based CHS picked Jay Debertin to take over immediately for Carl Casale, who had been CEO for six […] Read more
A message from April Stewart, Country Guide's Associate Editor
