GFM Network News


Grain flow shifts from China trade war may last years, CHS says

Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with a so-called ‘Phase One’ trade […] Read more



Ardent Mills to close four U.S. flour mills

Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand and to enhance the efficiency […] Read more

Rush on to reverse U.S. tax boon for ag co-ops

Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of the tax bill that passed […] Read more



CHS sells stake in Bridgeland input venture to UFA

On the heels of its move to sell its wholly-owned crop input stores in Alberta and Saskatchewan, U.S. ag co-operative CHS is selling its remaining Alberta ag retail asset. Alberta farmer co-op UFA (United Farmers of Alberta) announced Tuesday it’s buying CHS’s interest in the two firms’ joint ag retail venture, Bridgeland Limited Partnership, for […] Read more


CHS to shed Prairie crop input retail sites

U.S. farm co-operative CHS is stepping back from Canada’s Prairie crop input retail sector with a deal to sell its 10 retail locations to Richardson International. Winnipeg-based Richardson on Tuesday announced it would buy CHS’s Alberta retail sites at Alix, Beiseker, Bow Island, Carseland, Craddock, Lacombe, Rolling Hills, Standard and Vauxhall, and the co-op’s lone […] Read more

CHS replaces CEO after earnings decline, Brazil exposure

Chicago | Reuters — CHS Inc., the biggest U.S. agricultural co-operative, named a new chief executive on Monday, after suffering a sharp decline in income and confirming it was a creditor of a failing Brazilian commodities trader. Minnesota-based CHS picked Jay Debertin to take over immediately for Carl Casale, who had been CEO for six […] Read more



Japanese co-op, Canada Malting owner make Prairie grain play

A major Japanese farm co-operative and the Australian owner of Canada Malting are staking a new joint claim in Canada’s Prairie grain handling sector. Tokyo-based Zen-Noh Grain Corp. (ZGC) and Sydney-based GrainCorp on Monday announced plans to build new grain origination sites in Alberta and Saskatchewan, through a 50/50 Canadian-incorporated joint venture to be based […] Read more