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Nov. 10, 2025 Source: CHS news release Inver Grove Heights, MN -- CHS Inc., a global agribusiness and the nation's leading cooperative, today reported net income of $597.9 million for the fiscal year ended Aug. 31, 2025, compared to $1.1 billion for fiscal year 2024. Key highlights for fiscal year 2025 financial results include: *Consolidated revenues of $35.5 billion for fiscal year 2025 compared to $39.3 billion for fiscal year 2024 with the decrease due largely to lower commodity prices. *Despite strong volumes, Energy segment performance declined from the prior year due to reduced crude oil discounts, tighter refining margins and planned maintenance at our petroleum refinery in McPherson, Kan. *The Ag segment performed well overall with strong volumes in crop protection and crop nutrients, but a decline from prior year is due to less favorable oilseed crush margins and global factors affecting U.S. grain export volumes and competitiveness. *Equity method investments reported strong results, including strong performance from our investments in CF Nitrogen and Ventura Foods. "In a year shaped by unfavorable market conditions, including international trade and tariffs, CHS delivered strong volumes across our businesses demonstrating the resilience of our operations and the cooperative system. We had a solid year and it allows us to return $120 million in cash patronage and equity redemptions to our farmer-owners and member cooperatives in fiscal year 2026, reflecting our dedication to sharing profits and empowering agriculture," said Jay Debertin, president and CEO. "CHS has a strategic path forward and is committed to advocating on behalf of U.S. agriculture while building even stronger supply chains in grain, agronomy and energy to serve our owners," said Debertin. "In a challenging market environment, we're focused on delivering value through operational excellence and cost management to support our growth initiatives on behalf of our owners." Fiscal Year 2025 Business Segment Results Energy Pretax loss of $7.0 million in fiscal year 2025 represents a $436.1 million decrease versus the prior year and reflects: *Significantly lower discounts on heavy Canadian crude oil due to additional export opportunities for this crude, as well as decreased refining margins due to high U.S. supply and global production of refined fuels *Planned major maintenance at the CHS refinery in McPherson, Kan., which temporarily reduced the volume of higher-margin refined fuels products produced by CHS Ag Pretax earnings of $245.7 million represent a $97.0 million decrease versus the prior year and reflect: *Decreased margins for both grain and oilseed products due to unfavorable global market dynamics *Higher global supply of soybean and canola meal and oil, resulting in lower crush margins *Increased volumes of crop protection and crop nutrients products as a result of favorable growing conditions *Strong performance in our ag retail business due to strategic investments and solid operational execution Nitrogen Production Pretax earnings of $159.5 million represent an $8.3 million increase versus the prior year due to another strong performance by CF Nitrogen, our joint venture with CF Industries, as a result of favorable market conditions for urea. Corporate and Other Pretax earnings of $216.6 million represent a $41.8 million increase versus the prior year, which includes strong financial performance by our Ventura Foods joint venture. To read the entire report click here. Tweet |
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