CHS signs letter of intent with west-central Minnesota cooperative

CHS, the nation’s largest agricultural cooperative, has signed a letter of intent to acquire a west-central Minnesota co-op.

CHS executive vice president of ag retail, distribution, and transportation Rick Dusek says there are several reasons to move forward with Ulen-based West Central Ag Services.

“But mainly to align our supply chains, connect the local growers to the global marketplace, to create more efficiencies, and we just feel we are better together than we are apart.”

He tells Brownfield the cooperatives have worked together on a joint venture called Central Plains Ag Services in eastern North Dakota.

“Just a lot of mutual respect, trust, and we just work very well together. And they are a very well-placed, well-run member cooperative.”

Dusek says CHS and West Central Ag Services will now begin due diligence on the proposed transaction, which is subject to necessary approvals.

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