![CHS Reports First-Quarter Earnings](http://townsquare.media/site/1144/files/2022/06/attachment-Money-Cash-2022-1.jpg?w=980&q=75)
CHS Reports First-Quarter Earnings
CHS released results for its first quarter which ended on November 30th. The company reported a quarterly income of $782.6 million compared to $452 million in the first quarter of fiscal year 2022. First-quarter highlights from this year include revenues of $12.8 billion compared to $10.9 billion in the first quarter of fiscal year 2022, a year-over-year increase of 17%.
Continued robust demand for commodities, coupled with market volatility, resulted in strong earnings across all of the company’s business segments. The company’s soybean and canola processing businesses in the Ag segment benefited from strong demand for meal and oil.
“The U.S. agricultural industry has benefitted from ongoing strong global demand for grain and oilseed commodities,” said Jay Debertin, president and CEO of CHS. “Our continued strong earnings are attributable to market dynamics and supported by our investments on behalf of our owners that will drive efficiency and operational improvements.”
If you have a story idea for the PNW Ag Network, call (509) 547-9791, or e-mail glenn.vaagen@townsquaremedia.com
More From PNW Ag Network
![Educating Lawmakers About the Farm Bill](http://townsquare.media/site/1144/files/2020/03/Farm-Stock-2020-1.jpg?w=980&q=75)
![CHS Releases 2022 Sustainability Report](http://townsquare.media/site/1144/files/2022/08/attachment-Field-Spring-2022-1.jpg?w=980&q=75)
![CHS Foundation to award Grants to Teachers for Agriculture Projects](http://townsquare.media/site/1144/files/2020/03/Ag-Classroom-5.jpg?w=980&q=75)
![CHS Reports Second Quarter Earnings](http://townsquare.media/site/1144/files/2020/11/CHS-logo.png?w=980&q=75)
![Ag Community Looking At Technology To Address Supply Chain Issues](http://townsquare.media/site/1144/files/2021/01/Fence-Post-Field-2021-1-e1611167196461.jpg?w=980&q=75)
![CHS Reports $69.7 Million in First Quarter Fiscal 2021 Net Income](http://townsquare.media/site/1144/files/2020/11/CHS-logo.png?w=980&q=75)
![CHS Fiscal Year 2020 Income Drops Significantly](http://townsquare.media/site/1144/files/2020/11/CHS-logo.png?w=980&q=75)
![Seed Treatment Options As Growers Look Ahead To Another Winter Wheat Season](http://townsquare.media/site/1144/files/2020/02/Wheat-Golden-July-2.jpg?w=980&q=75)
![CHS Looks To Help Neighbors Through Harvest For Hunger Campaign](http://townsquare.media/site/1144/files/2020/04/2nd-Harvest-Storage-1.jpg?w=980&q=75)