ST. PAUL, Minn., Oct. 24, 2013 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned cooperative and a global energy, grains and foods company, announced today the release of its new grain trading mobile app.
The free app allows easy access to CHS grain terminals, soybean processing plants and select service center bids. It enables producers to make, monitor and manage offers to sell corn, soybeans and wheat electronically. The app also provides market information with the ability to create and manage futures-only, basis-only and cash offers.
"We're excited to share our CHS grain trading mobile app, making it even easier for producers to manage aspects of their marketing when and where it's convenient for them," says Rick Dusek, CHS vice president, grain marketing-North America. "The app is perfect for those who want to actively check markets and trade grain from the field or anywhere."
Offers through the CHS grain trading mobile app are monitored during futures market hours from 8:30 a.m. to 1:15 p.m. and from 7 p.m. to 7:45 a.m. Utilizing the CME Group electronic markets, the app also facilitates an automatic connection between grower-approved offers and CHS hedge orders. With patented e-Pit® services provided by Farmstech, the app can place a hedge order, receive confirmation of the fill, execute the cash purchase, and notify both buyer and seller in seconds.
The CHS Grain Trading mobile app is compatible with both Android™ and iPhone® devices. Download the free mobile app at the App Store™ or Google Play store. Follow the registration process to link to your CHS account and create a grain trading mobile account. Enhanced login and security features ensure information privacy.
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, 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.