CHS Inc., CEO to speak in Chicago

DTN and The Progressive Farmer invite you to join us/them

December 10-12 in Chicago for the 2012 Ag Summit. 

http://www.elabs10.com/functions/message_view.html?mid=1681357&mlid=210588&siteid=2010003114&uid=10c22dd0dc

Refine your market and economic intelligence for a new era of risk and reward. Our experts will help you assess North America’s competitive advantages and market challenges as the world powers up for unprecedented — and potentially volatile — growth in ag trade.

December 10-12, 2012

Downtown Chicago Marriott Magnificent Mile

Registration opens June 1, 2012

Highlights for this year include:

Keynote Speaker Mr. Carl Casale, president and chief executive officer, CHS

          • Casale’s vision on technology impressed attendees at our first Ag Summit.
          • Now at the helm of a Fortune 100 company and the nation’s largest cooperative, he will add his bird’s-eye view of global grain markets, fertilizers and refined fuels.
          • Shifts already underway in North America will influence your export competitiveness and input costs.

New Super Break-out Session!

DTN Ag Summit Pre-event | Pass It On!

Sunday, December 9, 2012

We’ll limit group size to allow plenty of time for questions!

Windfalls from land appreciation and a bountiful farm economy have doubled many farmers’ net worth’s since 2007.

That suddenly exposes more families to six-figure federal tax bills at death, on top of possible state taxes and severe liquidity issues for on-farm heirs.

The course will develop estate and income tax case studies with broad application to farm families whose assets could approach $10 million per couple or $5 million for a single owner.

Who is DTN?

http://about.dtnpf.com/ag/products/

DTN is farm management company used by Progressive Farmer Magazine

What is CHS?

CHS Inc.

From Wikipedia, the free encyclopedia
For the UK government agency also named Cenex, see Centre of Excellence.
CHS Inc.
CHS Inc logo.jpg
Type Secondary agricultural cooperative(NASDAQCHSCP)
Industry Wholesale agriculture products
Fuels
Founded 1931 as Farmers Union Central Exchange
Headquarters Inver Grove Heights,MinnesotaUnited States
Key people Carl Casale, CEO
Revenue $36.915 billion increase (2011)
Operating income $964.35 million increase (2011)
Net income $961.36 million increase (2011)
Total assets $8.7 billion (2011)
Website www.chsinc.com

CHS Inc. (NASDAQCHSCP) is a Fortune 500 business owned by United States agricultural cooperatives, farmers, ranchers and thousands of preferred stock holders; based in suburban St. PaulMinnesota. It owns and operates various food processing and wholesale, farm supply, Cenex brand fuel, financial services and retail businesses, and is a co-owner of Ventura Foods, a vegetable oil processor.

It is ranked 1st on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives (ranked by 2009 revenue), and 103rd (by 2010 revenue) in the Fortune 500 2010 list of United States corporations.[1][2] CHS is the 25th largest convenience store chain in the United States.[3]

Contents of the Wikipedia Page:

History

CHS today is the result of many mergers of farmer-owned cooperatives. Significant events include the following.

In 1931 Farmers Union Central Exchange was founded in Saint Paul, Minnesota. That core cooperative company later became Cenex, a combination from the last two words in its former name.[4]

In 1998, Cenex merged with Harvest States Cooperatives to form Cenex Harvest States.[4]

In 2003, the cooperative changed its legal name to CHS Inc., with Cenex becoming the name of the energy brand.[4]

John Johnson was the President and CEO. Johnson began his career with former Harvest States in 1976 as a feed consultant in the GTA Feeds Division, later becoming regional sales manager, director of sales and marketing and general manager of GTA Feeds. He retired from CHS Inc on December 31, 2010.[5]

Carl Casale is the current President and CEO. Carl Casale became president and chief executive officer of CHS Inc., Jan. 1, 2011, after a 26-year career in agribusiness.

In November 2011, CHS Acquired IsraeliTASE listed, soy protein company Solbar Industries for $133 Million.[6]

Products and services

CHS Inc. activities include grain merchandising and transportation, sunflower and soybean processing, wholesale fertilizer, animal feed production and sale, and various farm supply.

It is also the manufacturer of Cenex brand gasoline and diesel products from refineries in Laurel, Montana and McPherson, Kansas. Through wholly owned subsidiaries, it sells property/casualty insurance, group health benefits, agricultural financing and commodity brokerage services. CHS also has a joint venture with Mitsui & Co. called Ventura Food, LLC, that manufactures and distributes vegetable-oil based products such as margarine and cooking oil. Ventura Foods owns and distributes the consumer brands Homade Chili Sauce,Dean’s Dips and Marie’s Dressings.

References

  1. ^ “2010 NCB Co-op 100″ (pdf). National Cooperative Bank.
  2. ^ Fortune 500: 103 CHS”. Fortune (Time Inc.). 2011-05-23. Retrieved 2011-10-05.
  3. ^ “2011 Convenience Store News Top 100 Convenience Stores”Convenience Store News (Stagnito Media). May 23, 2011.
  4. a b c History of CHS Inc.
  5. ^ CHS. “Press release:CHS CEO Johnson to Retire at Year End”. Wall Street Journal. Retrieved 2010-07-01.[dead link]
  6. ^ “CHS To Acquire Israeli Soy Protein Company Solbar Industries For $133M”Wall Street Journal. November 23, 2011.

External links

http://en.wikipedia.org/wiki/CHS_Inc.

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