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CHS earnings soar on higher refining margins, strong demand

Nov 04, 2022 at 10:06 AM CST

CHS Inc. reported net income soared to $1.7 billion for the fiscal year ended Aug. 31, due to higher refining margins as well as strong demand within the global grain and processing and wholesale agronomy businesses. In fiscal year 2021, CHS reported net income of $554 million.