The mild winter negatively affected the bottom line of the nation’s largest agricultural cooperative.
CHS CEO Jay Debertin says margins declined in the company’s energy segment.
“With a winter that just never came (and) with a company that sells propane and heating oil and things like that, we definitely felt it that warm conditions, dry conditions in many parts just continued all winter long.”
He tells Brownfield reduced usage of propane and other refined fuels could result in lower input prices for farmers.
