CHS Profit Drops on Lower Grain Prices -- Market Talk

Dow Jones
01-09

1201 ET - Agricultural cooperative CHS' earnings fell in its first fiscal quarter due in large part to weaker pricing for agricultural commodities and products. "U.S. agriculture is seeing a weaker farm economy with a globally competitive marketplace for grains and oilseeds," CEO Jay Debertin says. CHS' profit dropped to $244.8 million for the quarter ended Nov. 30 from $522.9 million a year ago. CHS also reports that lower urea market prices hit its Nitrogen Production arm, reducing earnings there by 31% from the same quarter last year. (kirk.maltais@wsj.com)

 

(END) Dow Jones Newswires

January 08, 2025 12:01 ET (17:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10