CHS, MKC to Expand Grain Marketing Joint Venture
Long-term partners CHS Inc. and Mid-Kansas Cooperative announced the intended expansion of their grain marketing joint venture beginning this summer, with the goal of maximizing the end-to-end cooperative supply chain present in the U.S. Southern Plains region.
In business together for more than 10 years, the partners will expand their collaborative presence to create a supply chain that will connect cooperative and farmer-owners in the Southern Plains with global customers by leveraging the TEMCO terminal located in Houston, Texas.
The plan will involve reinvestment to grow marketing opportunities and to fund the modernization of rail infrastructure throughout this critical growing region. Action on this point is already taking place in Sterling, Kansas, where the two companies are building a rail-served grain terminal expected to be completed and operational in 2024.
Both companies will continue to independently own and operate assets throughout the region while also expanding their joint endeavor in order to move grain more efficiently through what they call a seamless distribution channel.