CHS 2014 Annual Report Download - page 27

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Please find page 27 of the 2014 CHS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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25CHS 2014
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10 0
DDGS
REVIEW OF OPERATIONS
1. Farmer buys energy products, fertilizer, crop
protection products and agronomic expertise
from co-op
2. Cooperative supplies propane to dry corn
3. Farmer sells corn to the co-op
4. CHS Capital, CHS Hedging and CHS Insurance
provide financing and risk management
services to farmers and cooperatives
5. Co-op sells corn to the ethanol plant
6. Ethanol plant produces ethanol, DDGS and
corn oil
Adding value with the
CHS enterprise
7. CHS markets ethanol to fuels blenders
8. Co-op sells ethanol to the farmer for vehicles
9. Ethanol plant markets DDGS and corn oil
through CHS
10. Farmer buys DDGS to feed livestock
11. Livestock produce nutrients used on corn fields
12. The cycle continues adding value to corn and,
in similar ways, to soybeans and wheat