CHS Inc. Reports Q2 FY2026 Results
CHS Inc. reported a net loss of $147.1 million and revenues of $8.4 billion for the second quarter of fiscal year 2026, ending February 28, 2026. This compares to a net loss of $75.8 million and revenues of $7.8 billion in the same period last year. The company experienced higher expenses in its energy segment due to renewable energy credits and hedging losses, while strong operational execution and improved crack spreads provided some offset. The grains segment faced market headwinds with weaker soy and canola crush margins, though increased corn export volumes and stronger retail corn margins helped. Agronomy sales volumes decreased due to a weaker U.S. farm economy, but the CF Nitrogen joint venture performed well. The company is undergoing a change in its financial reporting segments to align with a new operating model. Despite challenges, CHS Inc. remains focused on cost discipline and operational excellence.