chs inc. News

South Sioux City Council OKs Settlement Over Biogas Plant

The South Sioux City Council in Nebraska has approved payment of $500,000 to settle its part in 16 lawsuits filed against the city and a now-defunct biogas plant by homeowners who accused the plant of sending rancid fumes through the …

Fraud Forces Minnesota Agribusiness Giant CHS to Lower 5 Years of Profit

Inver Grove Heights, Minnesota-based CHS Inc. has lowered five years of profits by nearly $158 million as the global grain, energy and food company recovers after a freight trader falsified records. The farmer-owned cooperative, which also provides farm and ranch …

USI Insurance Closes Acquisition of Minnesota’s CHS Insurance

USI Insurance Services (USI), based in Valhalla, N.Y., has closed the acquisition of CHS Insurance, formerly part of Minnesota-based fuel, grain and food cooperative, CHS Inc. CHS Insurance is one of the nation’s largest agribusiness insurance brokers and a leading …

Ag Cooperatives’ Profits Rise in 2015 to a Record $7B

Agriculture cooperatives posted record profits last year highlighting the business model the U.S. Department of Agriculture says provides more than 2 million jobs. The USDA says in a report on Oct. 4 net income for the nation’s 29,000 cooperatives rose …

Olson Named Director of Marketing, Programs at CHS Insurance

Brent Olson has been named director of marketing and programs for St. Paul, Minn.-based CHS Insurance Services LLC, a national agribusiness insurance broker and full-service insurance subsidiary of CHS Inc. In this role, Olson will oversee the overall marketing of …

Lewis Named Sales Director at Minnesota’s CHS Insurance

Bryan Lewis has been named director of sales for St. Paul, Minn.-based CHS Insurance, an agribusiness insurance broker and full-service insurance subsidiary of CHS Inc. Lewis will have responsibility for the property/casualty and group benefits sales teams, as well as …