CHS Inc.,(NASDAQ: CHSCP) the nation's leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2021. The company reported record quarterly net income of $452.0 million compared to $69.7 million in the first quarter of fiscal year 2021. The significant improvement in earnings was largely driven by strong global demand across key businesses compared with lower demand during the same period a year ago as a result of the COVID-19 pandemic.
CHS Inc. (NASDAQ: CHSCP) owners elected five board members to three-year terms during the cooperative's 2021 annual meeting held Dec. 2 and 3 in Minneapolis, Minnesota. CHS Inc. is the nation's largest cooperative and a leading global agribusiness company owned by farmers, ranchers and cooperatives across the United States.
CHS Inc. (NASDAQ: CHSCP), the nation's leading agribusiness cooperative, today announced the appointment of Kirstie Foster as senior vice president, marketing communications. She is responsible for advancing and growing the CHS image and reputation across all global brands and services and leading internal and external communications, executive support, advertising, and all CHS digital platforms.