CHS Inc. is a

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...

secondary cooperative A cooperative federation or secondary cooperative is a cooperative in which all members are, in turn, cooperatives. Historically, cooperative federations have predominantly come in the form of cooperative wholesale societies and cooperative unions ...

owned by United States agricultural cooperatives, farmers, ranchers, and thousands of

preferred stock Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt ins ...

holders. Based in Inver Grove Heights,

Minnesota Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...

, CHS owns and operates various

food processing Food processing is the transformation of agricultural products into food, or of one form of food into other forms. Food processing takes many forms, from grinding grain into raw flour, home cooking, and complex industrial methods used in the mak ...

and wholesale, farm supply, financial services and retail businesses. It also distributes Cenex brand fuel in 19 midwestern and western states as one of North America's largest c-store networks. It is a co-owner (with Mitsui & Co.) of Ventura Foods, a vegetable oil processor. CHS is ranked 1st on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives (ranked by 2012 revenue), and 96th (by 2017 revenue) in

's 2018 list of U.S. corporations.

History

CHS's history began in 1931 with the founding of the Farmers Union Central Exchange in

Saint Paul, Minnesota Saint Paul (often abbreviated St. Paul) is the List of capitals in the United States, capital city of the U.S. state of Minnesota and the county seat of Ramsey County, Minnesota, Ramsey County. As of the 2020 United States census, 2020 census, ...

. Later, the core cooperative company became Cenex, from the combination of the last two words in its previous name. In 1998, Cenex merged with Harvest States Cooperatives. Harvest States was the product of a 1983 merger between North Pacific Grain Growers (formed 1929) and the Farmers Union Grain Terminal Association (formed 1938). The merged cooperative took the name Cenex Harvest States, adopting "CHS" as its brand name. In 2003, it changed its legal name to CHS Inc.

Co-branding with Eagle Stop

Eagle Stop is a chain of

convenience store A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lotter ...

s headquartered in

Missouri Missouri (''see #Etymology and pronunciation, pronunciation'') is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Ranking List of U.S. states and territories by area, 21st in land area, it border ...

. , the chain has 49 locations, all in Missouri. All Eagle Stop locations are co-branded with Cenex gas stations.

References

External links

*
Historical records
of the Farmers Union Central Exchange are available for research use at the Minnesota Historical Society {{Authority control Agriculture companies established in 1998 Companies established in 1998 Agricultural cooperatives in the United States Grain companies of the United States Companies listed on the Nasdaq Convenience stores of the United States Cooperatives based in Minnesota

History

Co-branding with Eagle Stop

See also

References

External links