CHS Inc.

What CHS Inc. does

CHS Inc. is a U.S. farmer-owned cooperative and diversified agribusiness serving member cooperatives, agricultural producers, wholesale energy and crop-protection customers, and participants in food-industry joint ventures. It supplies crop nutrients, crop protection, precision-agriculture solutions, seed, animal nutrition, grains, and oilseeds, while also marketing grain and selling refined fuels, renewable fuels, lubricants, propane, and energy equipment under the Cenex brand. Its operations serve customers in 65 countries, while its disclosed ownership base includes 750+ member cooperatives, 75,000+ producers, and 20,000+ preferred stockholders.

CHS primarily generates economic value through the sale and distribution of agricultural and energy products, supplemented by hedging, transportation, payment, and financial services. Products move through member cooperatives, Cenex dealers, direct and wholesale accounts, and pipeline and terminal infrastructure. MyCHS and CHS Connect add self-service ordering, contract, invoice, pricing, payment, and supply-management workflows. Most pricing is quote-based, while Cenex dealer transactions are conducted on a pay-as-you-go basis, so the available data do not support an ARR-based characterization.

The physical and digital asset base includes grain elevators, pipelines, propane terminals, refineries, storage facilities, and the MyCHS and CHS Connect platforms. These systems support transaction management, commodity movement, fuel distribution, and quality control, but no proprietary AI capability is disclosed. CHS also participates in Ardent Mills, a joint venture formed with Conagra Brands and Cargill in May 2014 that mills approximately 300 million bushels of wheat annually, and Ventura Foods, a joint venture with Mitsui that uses CHS refined soy oil in foodservice products.

Name

CHS Inc.

Legal name

CHS Inc.

Website

https://chsinc.com

Company type

Private

Founded year

1931

Operating status

Operating

Short description

CHS is a farmer-owned U.S. cooperative that supplies agricultural inputs, grain marketing, risk management, fuels, propane, transportation, and financial services to member cooperatives, producers, energy customers, and food-industry joint ventures across 65 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Inver Grove Heights

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Agronomy Products: Sale of crop nutrients, crop protection products, precision agriculture solutions, and seeds through the cooperative system to farmer-owners.
2. Grains and Oilseeds: Purchase, processing and sale of grains including wheat, corn, soybeans, and oilseed products. Includes animal nutrition products.
3. Cenex Energy Products: Sale of refined fuels (gasoline, diesel), lubricants, propane, and energy equipment under the Cenex brand through retail and wholesale channels.
4. Refined Fuels and Renewable Fuels: Production and distribution of refined fuels including gasoline and diesel, as well as renewable fuels like ethanol (E15) through pipelines and terminals.
5. Transportation and Logistics: Transportation services supporting the movement of agricultural products and energy commodities through trucks, trains, and barges.
6. CHS Hedging: Risk management services including hedging solutions for customers to manage commodity price risk.
7. CHS Capital: Financial services and credit solutions for farmer-owners and customers.
8. CHS Payment Solutions: Payment processing and financial transaction services for customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

CHS Inc. is a diversified agribusiness and the largest farmer-owned cooperative in the United States. It provides agricultural inputs (crop nutrients, crop protection, seed, precision agriculture), procures and markets grains and oilseeds, sells refined fuels, propane, lubricants, and renewable fuels under the Cenex brand, and offers supporting services including hedging, payment processing, transportation, and capital financing to farmer-owners, member cooperatives, and wholesale customers in 65 countries.

Product overview

CHS Inc. is a diversified agribusiness and the largest farmer-owned cooperative in the United States, offering a comprehensive portfolio of agricultural inputs, energy products, and financial services. The product portfolio consists of: (1) Agriculture/Agronomy offerings including Crop Nutrients, Crop Protection, Precision Agriculture, Seed, Animal Nutrition, and Oilseed Products under brands like Allegiant and N-Edge; (2) Energy products under the Cenex brand including Refined Fuels, Propane, Lubricants, Renewable Fuels, Pipelines and Terminals, and Energy Equipment; (3) Services including CHS Hedging, CHS Payment Solutions, Transportation, and CHS Capital; (4) Digital platforms including MyCHS (customer portal/app) and CHS Connect (wholesale digital self-service for energy and crop protection); and (5) Joint ventures including Ventura Foods (food products with Mitsui) and Ardent Mills (wheat milling with Conagra and Cargill).

Differentiator

Problem solved

Functional benefit

Brands

• Cenex: Fuel brand offering Cenex fuels, lubricants and propane for agriculture and communities
• Allegiant
• Payback
• N-Edge

Products and services

• CHS Connect for Energy Digital self-service portal for wholesale propane and refined fuels customers to place orders, view invoices, manage contracts, submit supply nominations, and receive daily pricing notifications.
• CHS Connect for Crop Protection Digital self-service portal for wholesale crop protection customers to view and submit orders, check order status, view and manage invoices, and download invoice and order information.
• MyCHS Customer App Mobile app and web portal that lets farmer-owners check grain tickets, download monthly bills, make payments, view and manage grain offers, monitor cash bids and futures, and create reports online.
• Cenex Fuels, Lubricants and Propane Cenex is CHS's primary energy brand offering refined fuels (gasoline and diesel), lubricants, and propane for agricultural, residential, and commercial use, distributed through Cenex retail dealers across the United States.
• Crop Nutrients Fertilizer and nutrient products sold to farmer-owners through the cooperative system to support crop growth and agricultural productivity.
• Crop Protection Products and solutions for protecting crops from pests, diseases, and weeds, sold to farmer-owners through the cooperative system.
• Allegiant Seed Seed brand offering high-performance seed products for agricultural customers, distributed through the cooperative network.
• Payback Animal Nutrition Animal nutrition brand offering supplemental nutrition products for livestock, distributed through the cooperative system.
• Precision Agriculture Technology-driven agricultural solutions for optimized farming practices, including precision agronomy offerings under the N-Edge brand.
• Grains and Oilseed Products Purchase, processing, and sale of grains including wheat, corn, soybeans, and processed oilseed products such as refined soy oil.
• Refined Fuels Production and distribution of refined petroleum products, including gasoline and diesel, sold under the Cenex brand through retail and wholesale channels.
• Propane Liquefied petroleum gas for agricultural, residential, and commercial use, distributed through the Cenex dealer network and CHS-owned propane terminals.
• Lubricants Industrial and automotive lubricants sold under the Cenex brand.
• Renewable Fuels Ethanol and biodiesel products including E15 and renewable diesel feedstocks, produced and distributed through CHS's energy infrastructure.
• Pipelines and Terminals Energy infrastructure including CHS pipelines, propane terminals, and storage facilities that transport and store refined fuels and propane.
• Energy Equipment Equipment solutions including bulk oil and fluid management systems for energy operations, sourced and supplied to cooperatives such as Federated Co-ops.
• CHS Hedging Risk management and hedging services for agricultural commodities, helping customers manage commodity price risk. Operates through subsidiary CHS Hedging, LLC.
• CHS Payment Solutions Payment processing and financial transaction services for customers, operating under PCI DSS data security standards.
• Transportation Logistics and transportation services supporting the movement of agricultural products and energy commodities through trucks, trains, and barges.
• CHS Capital Financial services and credit solutions offered to cooperative members and customers.
• Ardent Mills (Joint Venture) Joint venture wheat milling company with Conagra Brands and Cargill, the largest wheat miller in North America, supplying flour and specialty ingredients to bakeries, food processors, consumer packaged goods companies, and restaurants serving approximately 100 million people daily.
• Ventura Foods (Joint Venture) Joint venture between CHS and Mitsui & Co., Ltd. producing dressings, sauces, mayonnaises, and condiments for foodservice operators across the U.S. using refined soy oil from CHS.

Quantifiable outcome

• Serving customers in 65 countries with diversified agribusiness and energy operations
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Ardent MillscoreStrategic or Co-development Partner · 1 May 2014Joint venture between Conagra Brands, Cargill, and CHS. The largest wheat miller in North America with nearly three dozen plants processing traditional and organic grains from Washington to Massachusetts and Saskatchewan to Puerto Rico. Mills approximately 300 million bushels of wheat annually. Supplies flour, grains, and specialty ingredients to bakeries, food processors, consumer packaged goods companies, and restaurants. Serves approximately 100 million people daily.
• Ventura Foods, LLCcoreStrategic or Co-development PartnerJoint venture between CHS and Mitsui & Co., Ltd. Produces dressings, sauces, and mayonnaises for foodservice customers. CHS supplies refined soy oil to Ventura Foods. Products include dressings, sauces, mayonnaises, and condiments sold to foodservice operators across the U.S.
• Federated Co-opsminorStrategic or Co-development PartnerFederated Co-ops partnered with CHS energy equipment team to build a state-of-the-art bulk oil and fluid management system at their service center. CHS assessed the co-op's needs and sourced custom solutions to maximize workspace, improve workflow, and boost shop efficiency.
• Allegiant SeedminorChannel Partner/ Reseller/ DistributorBrand under CHS offering seed products to farmers through the cooperative distribution network.
• PaybackminorChannel Partner/ Reseller/ DistributorBrand under CHS offering animal nutrition products through the cooperative system.
• N-EdgeminorChannel Partner/ Reseller/ DistributorBrand under CHS offering agronomy products through the cooperative system.

Scale indicators18 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Cargill: Cargill is the largest privately held agribusiness globally and a direct competitor in grain origination, oilseed processing, animal nutrition, and risk management services. Notably, Cargill is also a JV partner with CHS in Ardent Mills, making it both a competitor and strategic partner — a peer relationship that closely mirrors CHS's competitive position.
• Growmark: Growmark is a regional U.S. agricultural cooperative providing crop nutrients, crop protection, grain marketing, and energy products through member cooperatives in the Midwest and Northeast. It shares CHS's cooperative distribution model and competes head-to-head in agronomy inputs and energy (FS brand fuels/lubricants/propane) — the most direct structural analog to CHS at a smaller scale.
• Bunge Global: Bunge is a leading global agribusiness and food company with major operations in grain origination, oilseed processing, and food ingredients. It competes directly with CHS in soybean and grain origination/processing and operates similar origination infrastructure in North America, including processing facilities that overlap with CHS oilseed product lines.
• Archer Daniels Midland (ADM): ADM is one of the world's largest agricultural merchandisers and processors, with global origination, oilseed processing, grain trading, and nutrition businesses that directly overlap CHS's grains and oilseeds segment. Both companies operate major North American grain handling and processing infrastructure and compete for farmer origination volumes.
• Nutrien Ltd. Nutrien is the world's largest provider of crop nutrients (nitrogen, phosphate, potash) and a major producer of crop protection products, directly competing with CHS's crop nutrients (Allegiant) and crop protection product lines. Nutrien's retail Loveland Products and direct-to-grower model overlaps with CHS's agronomy distribution through member cooperatives.
• CF Industries Holdings: CF Industries is the largest North American producer of nitrogen fertilizers (ammonia, urea, ammonium nitrate), a key upstream input to CHS's crop nutrients business. CHS both competes with CF in crop nutrient distribution and historically sourced nitrogen from CF — making CF a vertically adjacent peer in the same nitrogen/fertilizer value chain.
• Louis Dreyfus Company: Louis Dreyfus is a major global merchandiser of agricultural commodities (grains, oilseeds, coffee, cotton, rice, sugar) with substantial North American origination. It competes with CHS for farmer origination volumes and global grain flows, sharing similar value-chain positioning in commodity merchandising and processing.
• Land O'Lakes: Land O'Lakes is a U.S. farmer-owned cooperative operating across dairy foods, animal nutrition, and crop inputs. It is structurally the closest peer to CHS: same cooperative ownership model, similar member-cooperative distribution approach, comparable scale of farmer-owners, and overlapping agronomy/animal nutrition categories where CHS operates Payback and Allegiant brands.

Broad incumbents

• Marathon Petroleum: Marathon Petroleum is one of the largest U.S. refiners and a major midstream operator. It overlaps with CHS's refined fuels production and pipeline/terminal operations but operates at significantly larger scale and with broader downstream retail (MPLX midstream, Speedway/MPC retail) — making it a broad incumbent in the same refined fuels/energy infrastructure space.
• Valero Energy: Valero is one of the largest U.S. refiners and a major renewable diesel producer. It is a broad incumbent in the refined fuels and renewable fuels space where CHS operates refineries and renewable fuel distribution, though Valero's scale and retail fuel presence (over 7,000 outlets) makes it a much larger established player operating broadly rather than in CHS's niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xinstagram.com/chs_inc
• YouTubeyoutube.com/user/chsincorporated
• Facebookfacebook.com/CHSInc
• LinkedInlinkedin.com/company/chs

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CHS Inc.