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CHS To Evaluate Operations and Assets

Posted By Doane Advisory Services | April 21, 2017 1:12 AM CDT

Source bBloomberg, Shruti Singh April 20, 2017 | 12:00 pm EDT

Times are still tough for U.S. agriculture, and with little immediate prospect of a recovery in crop prices, the country’s largest farming cooperative has become the latest company in the sector to scrutinize its operations.

CHS Inc. is reviewing its business, Chief Financial Officer Tim Skidmore said in an interview Wednesday. The company will look at quantitative metrics such as returns over the cost of capital, but also at the roles played by its various units.

“We are looking strategically across the company around the fit of assets,” he said. “There are going to be some assets that potentially don’t fit.”

Read more here on Bloomberg’s website.