Source: joint organization news release
Moundridge, KAN. – CHS Inc. and Mid-Kansas Cooperative (MKC) have mutually agreed to start the process to end their grain marketing joint venture.
“For the past two years, CHS has worked closely with MKC to bring a joint grain marketing venture called Producer Ag to fruition,” said John Griffith, executive vice president, CHS ag business and CHS Hedging. “While CHS will no longer continue forward with the grain purchasing venture, I want to thank MKC for the opportunity for our cooperatives to work together in this way. Our ongoing relationship with MKC is strong and reflects our commitment to strengthening the cooperative system.”
CHS and MKC have a long history of collaborating in the region. The two cooperatives will continue joint ownership of three grain rail terminals in Kansas.
“We appreciate the dedication, cooperation and hard work that went into building our grain marketing relationship,” said Brad Stedman, president and CEO, MKC. “We are confident in our continued work with CHS and look forward to serving our respective customers and owners in the Southern Plains.”
Once the grain marketing joint venture has ended, both companies will continue to independently operate across the region, including owning and operating assets and grain marketing operations.
About CHS
CHS Inc. (www.chsinc.com) creates connections to empower agriculture. As a leading global agribusiness and the largest farmer-owned cooperative in the United States, CHS serves customers in 65 countries and employs approximately 10,000 people worldwide. We provide critical crop inputs, market access and risk management services that help farmers feed the world. Our diversified agronomy, grains, foods and energy businesses recorded revenues of approximately $39 billion in fiscal year 2024. CHS is committed to reducing our impact on the planet, finding and developing new solutions in agriculture and energy, and investing in ways to build a better future for our owners, customers, employees and communities.
About MKC
Founded in 1965, MKC (www.mkcoop.com) is a member-owned farm service cooperative that serves over 19,000 members and customers in Colorado, Kansas, Missouri, and Oklahoma. It operates 57 locations and 3 rail terminals with over 500 employees living in 150 communities. MKC focuses on five business units: agronomy, animal nutrition, energy, grain, and risk management services. It is headquartered in Moundridge, KS.
