Farmers’ co-op CHS will pay $433 million to its members

  • Article
  • Updated: February 10, 2014 - 7:59 PM

CHS Inc. will distribute about $433 million in cash to its membership, the second-largest payout in the big cooperative’s history.

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formergopFeb. 10, 14 5:41 PM

Taxpayer money. More corporate welfare.

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gofurnuttFeb. 10, 14 6:01 PM

Nice Payout..Add this to the"Farm Welfare Bill" and you've got One Hell of a Bonus.....

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kivirl4Feb. 10, 14 6:18 PM

you better get that Farm Bill implemented so farmers dont starve.

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woodyagFeb. 10, 14 6:38 PM

taxpayer money? wow- cluelessness rises to new heights! It's actually much worse- why, it's SOCIALISM!! yep; I'm a member farmer- buy my farm diesel from the co-op - and gasp - the co-op SHARES its profits with me! Horrors!

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deepsixFeb. 10, 14 7:09 PM

And we as taxpayers pay your subsidy woodyag and we don't get our cut.

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Rob7304Feb. 10, 14 7:43 PM

Divided by 50,000 and it isn't that much. I'm sure those on welfare/section 8 and all that, get a lot more. And like the farmer said, it's his money, just a small rebate. The welfare recipient, it ISN'T their money. Farm economy is one of the few bright spots in this 5th year of Obama. A lot of it gets exported. We need more industries like ag. But pretty tough to get their when you have a government fighting you every step of the way.

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dsteinbe1977Feb. 10, 14 7:58 PM

So the 4 shares I brought back in 2007 now I will have to pay $$ in taxes again.

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montyjohnFeb. 10, 14 8:16 PM

What State or Federal taxes are paid by this co-op?

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jaytee1Feb. 10, 14 8:33 PM

No subsidies involved. Please get a clue. And by the way, the farm bill that just passed eliminated direct payments once and for all

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westroad18Feb. 10, 14 9:10 PM

It's a bummer that a handful of over subsidized wealthy farmers give the entire industry such a shameful image. 30 years ago this news would have been applauded by all readers as a sign that farmers are a hardworking community capable of generating profits. Today it's just generally brushed aside as another method by wealthy farmers to hide their already subsidized income from taxation. Today only farmers believe the mantra, God made a farmer. The rest of the world sees a ridiculously cheesy truck commercial.

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