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Statement from CHS Farmer-Owners and the Global Grain Market

Statement from CHS: 

Relationships between the U.S. and our closest trading partners are changing rapidly, and it is critical to  follow developments closely. Tariffs on soybeans and other agricultural products disrupt trade flows and hurt the prices producers receive for their commodities.

At CHS, we know that, ultimately, our farmer-owners, customers and the rural communities where we operate may be impacted the most if trade disputes continue. CHS is focused on encouraging resolution of these disputes while working hard to find ways to minimize disruption at harvest if the current trade policy situation persists.

Each year, CHS originates 700 to 750 million bushels for export. The company also markets two billion bushels of grains and oil seeds domestically and to export customers each year.

“The level of uncertainty may impact a farmer’s ability to plan harvest logistics, identify space allocation, plan storage rates, or create shipping schedules,” said John Griffith, senior vice president of Global Grain Marketing and Renewable Fuels. “It also impacts our ability to work with CHS farmer-owners to plan for an orderly harvest period.”

In Washington, CHS has worked individually and in collaboration with others in our industry to urge
policy makers to reach a thoughtful and comprehensive resolution. 

“CHS believes the government must work to expand market access and pursue policies that ensure fair competition and a level playing field for U.S. farmers and ranchers,” said John Engelen, vice president for Government Affairs at CHS. “In the meantime, we will continue working to amplify the voices and concerns of our owners and customers to Congress and the Executive Branch.”

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