date:Jan 10, 2014
CHS Inc., the nation's leading farmer-owned cooperative and a global energy, grains and foods company, reported net income of $242.2 million for the first quarter of its 2014 fiscal year.
Earnings for the period Sept. 1 Nov. 30, 2013, declined 30 percent from $343.7 million recorded in the first quarter of fiscal 2013. The decrease was largely attributed to reduced refining margins in the company's energy business. Revenues for the quarter were $11.0 billion, down slightly from $11.7 billion f