CHS Inc., St. Paul, Minnesota, the nation’s leading agribusiness cooperative, has announced it intends to return $600 million in cash patronage and equity redemptions to its owners in calendar year 2025.
The planned distribution is a tangible demonstration of the cooperative’s commitment to sharing profits with its owners and strengthening rural communities.
The CHS board of directors determines the total amount of cash to be returned to CHS owners at the close of each fiscal year in the form of cash patronage and redeemed equity. Based on business done with CHS in fiscal year 2024, which ended on Aug. 31, 2024, the CHS board has elected to return $300 million in cash patronage and $300 million through equity redemptions to CHS owners. This is the third highest amount of cash returns to owners in CHS history.
CHS owners are member cooperatives and farmer-owners in communities across rural America. When the cash returns earmarked for distribution in 2025 are complete, CHS will have returned more than $2.3 billion to owners over the past three years and nearly $3.5 billion to owners over the past 10 years.
“The cooperative model is based on the concept of building strength by working together. As a leading cooperative, CHS is committed to sharing that financial strength with our owners, the farmers, ranchers and cooperatives who make up rural America,” said Dan Schurr, chair of the CHS board of directors. “As CHS continues to build capabilities and efficiencies to better serve our owners, customers and communities, we are acting on our purpose of creating connections to empower agriculture.”
Final financial results for fiscal year 2024 are expected to be announced in November 2024. Additional patronage-related details will be available at that time, including the amount of fiscal year 2024 patronage equity certificates that will be issued to CHS members. For more information visit www.chsinc.com.
