CHS 2014 Annual Report Download - page 24

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22 CHS 2014
CHS Capital nearly doubled producer financing
in 2014, thanks in part to enhanced, customizable
retailer convenience credit initiatives. Commercial
accounts used financing by CHS Capital to improve
and add infrastructure such as shuttle-loading
facilities, fertilizer plants and terminals, propane
expansion, feed plant upgrades, and grain and
agronomy service expansion. Cash management
services also gained traction among commercial
customers. Given fiscal 2014 results, CHS Capital will
distribute patronage based on business with eligible
producers.
As the full-service commodity brokerage subsidiary
of CHS and a clearing member of the Chicago
Mercantile Exchange and Minneapolis Grain
Exchange, CHS Hedging continued to serve
cooperatives and producers, managing risk on grain
sales, input purchases and more with industry-
leading hedging programs and advice. The group
provided educational programs for customers
and helped ensure customer compliance with
regulations governing trading operations.
CHS Insurance, which provides risk management
to co-ops and other businesses through insurance
products and services, achieved record revenues
in fiscal 2014. Several products were added for
member cooperatives and CHS Country Operations
locations, including an advance payment bond
CHS Business Solutions — CHS Capital, CHS Hedging, CHS Insurance
and CHS Aligned Solutions — continued to work together to deliver
enhanced oerings that help cooperatives, producers and other rural
businesses manage risk, develop eective teams and succeed.
CORPORATE
AND OTHER
Archie den Hoed, left, says having momentum means always looking
at the possibilities, for his vineyard and orchard near Grandview,
Wash, and for Bleyhl Farm Service, where he’s a director. “We need
to keep ourselves financially strong and keep investing.” General
Manager Greg Robertson agrees. “You have to enter new markets
as demands change. That really fuels momentum.”
program that protects producers from risk related
to prepaid inputs and a property insurance program
to protect co-op growth.
New opportunities were realized through
wholesale surety partnerships oered with ACE
Insurance in 2014. CHS concluded the Ag Agency
Workers Compensation Trust Program in late fiscal
2014, returning $5 million to cooperatives that
participated in the program.