Area producers share in local CHS patronage distribution
Eligible farmer-owners of CHS retail businesses based in Colorado shared in the recent distribution of cash patronage and equity based on business done with the co-op.
Between the three retail businesses, eligible farmer-owners in Colorado and western Nebraska shared in a total of $4,644,776.68 in patronage dividends based on business done Sept. 1, 2017-Aug. 31, 2018. Of that, $820,732.05 was paid out in cash.
“We’re extremely proud to share this important cooperative membership benefit with our customers,” said John Ptacnik, general manager of the CHS retail business based in Yuma.
This locally based retail division of CHS Inc. allocated a total of $2,361,329.60 in patronage dividends from fiscal 2018, of which $417,247.03 is being paid out in cash.
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