CHS commits $3 million to make agriculture safer

MINNEAPOLIS, Sept. 25. 2013 /PRNewswire/ -- CHS Inc., (NASDAQ: CHSCP) the nation's leading farmer-owned cooperative and a global energy, grains and foods company, announced today it has committed $3 million to a national agriculture safety initiative intended to keep next generations safe as they strive to feed a growing world.

"As U.S. agriculture ramps up to feed the nine billion people projected to inhabit this planet by 2050, we have new technologies and safety risks to address plus a growing workforce to train," CHS President and CEO Carl Casale said in announcing the initiative during his address to the 2013 North American Agricultural Safety Summit. "That's why CHS is investing in this multi-million-dollar initiative – focused on college students and adults – to help keep our next generation of agricultural leaders safe."

The investment includes $1 million for a competitive grants program supporting rural safety projects and $2 million to support safety programs with five partner organizations:

  • Agricultural Health and Safety Council (ASHCA), addressing emerging occupational safety and health issues affecting U.S. agriculture;
  • AgriSafe Network, helping train a national workforce of rural health providers and developing a new college health program for agricultural students;
  • GEAPS Foundation, in support of Grain Elevator and Processing Society (GEAPS) working in conjunction with Kansas State University on distance learning, credentialing and other safe grain handling educational efforts;
  • National AgrAbility, working in conjunction with Purdue University on agricultural education and enhancing quality of life for farmers, ranchers and other ag workers affected by disabling conditions, and
  • Propane and Education Research Council (PERC), advancing the safe use of propane on the farm through training and research.

Details of the competitive grants program will be announced in early 2014. Funding for the initiative comes from both the CHS corporate giving program and the independent CHS Foundation.

"We chose to partner with these five forward-thinking organizations because of their strong safety visions and accomplishments," Casale said. "Working together, we are also hoping to secure matching funds to further leverage our investment and efforts."

During his remarks at the 2013 North American Agricultural Safety Summit in Minneapolis, Casale addressed the topic of "safety first as a corporate social responsibility."

"In agriculture, we're independent spirits. We have a get 'er done attitude. We work in an industry with inherent risks. And when we get busy, it can be easy to take a chance 'just this once.' What we do must be done safely – every time," he said. "We in agriculture are being called on to produce more and do it faster. And that means even more risk for more people. In doubling the food supply, we must not reduce our commitment to safety. In fact, we must increase it."

Casale shared with Summit attendees some examples of the CHS commitment to put safety first, above business performance – including conducting a safety culture survey, establishing safety plans for all businesses, opening all meetings with a safety message, sending safety reminders to employees at their homes, and incorporating safety goals into incentive pay for its leaders.

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, livestock 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, 2012, 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.



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