January 14, 2009

CHS Inc., a leading energy and grain-based foods company, has reported earnings of US$137.3 million for the first quarter of its 2009 fiscal year.

The result is a decline from the US$300.9 million earned in the same period of fiscal 2008.

Operating earnings for the quarter were US$232.8 million compared with US$248.2 million for the same period a year ago.

Revenues for the quarter were US$7.7 billion, up from US$6.5 billion for the first quarter of fiscal 2008.

The increased revenues were attributed to higher values in the first quarter of fiscal 2009 for grain and crop nutrient products the company handled compared with first quarter 2008.