96 - CHS

- Courtesy of CHS
Courtesy of CHS

It’s been a tough year for America’s largest farmer- and rancher-owned cooperative. CHS — which provides fuel and farm supplies to farmers and then buys the harvests to sell — saw its net income drop from $424.2 million in fiscal year 2016 to $127.9 million in fiscal year 2017, while consolidated revenues jumped about 5% to $31.9 billion. The agribusiness attributes the plunge in part to “significant charges” related to the bankruptcy of a Brazilian trading partner. CHS President and CEO Jay Debertin said the company is focusing on three priorities for 2018: strengthening customer and owner relationships, focusing on operational excellence, and restoring financial flexibility.

More from FORTUNE

Key Metrics & Financials (Last Fiscal Year)

Previous Rank93
Revenues ($M)$31935
Revenue Percent Change5.2%
Profits ($M)$127.9
Profits Percent Change-69.9%
Assets ($M)$15974
Market Value — as of March 29, 2018 ($M)-

Company Facts

SectorFood, Beverages & Tobacco
IndustryFood Production
HQ LocationInver Grove Heights, Minn.
CEOJay D. Debertin
CEO Title-
Years on Fortune 500 List19

See Full List


More from FORTUNE