CHS announced it’s investing $ 2.8 billion in fertilizer maker CF industries while dropping plans to build its own fertilizer plant in North Dakota. CHS Communications and Marketing Manager Annette Degnan says after looking at the North Dakota project for three years, they decided it was too expensive and risky to proceed.
Degnan says there are several advantages to partnering with CF Industries.
Degnan says by working with CF Industries, CHS can now serve more farmers.
CF Industries is the world’s largest publicly traded maker of nitrogen fertilizer while CHS is the nation’s biggest farm cooperative and largest wholesaler of fertilizer.