ST. PAUL, Minn., Sept. 18, 2014 /PRNewswire/ — CHS Inc. (NASDAQ: CHSCP, CHSCO, CHSCN, CHSCM), the United States’ leading farmer-owned cooperative and a global agriculture and energy business, announced today it has acquired a 50 percent share of Broadbent Grain, an agricultural supply chain management company located at Queensland and Victoria, Australia.

“Investing in Broadbent Grain will further expand CHS grain origination capabilities in Australia by adding grain storage, handling and logistical expertise, especially as it relates to delivering wheat via shipping containers to customers across the Asia-Pacific region,” said Jon Bucknall, CHS Australia, general manager.

Broadbent Grain is owned by Stephen and Michael Broadbent.

“Broadbent Grain is a third-generation business that prides itself on its traditions, culture, and values. We have found a unique and common alignment with CHS, a company with similar priorities and vision,” said Stephen Broadbent, owner and director. “This partnership, which brings global connections to our business, will allow us to further invest in related supply chain assets in Australia.”

The partnership is effective Oct. 1, 2014. The company name and brand will remain Broadbent Grain.

Broadbent Grain (www.broadbentgrain.com.au) operates grain facilities at Lakaput in the Western District of Victoria and in Toowoomba, Southern Queensland. Established in the 1950s, Broadbent Grain is widely recognized as market leaders in providing reliable, dependable, customer-focused service.

CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex brand refined fuels, lubricants, propane and renewable energy products.

This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management’s current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management’s estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2013, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.

SOURCE CHS Inc.