CHS and MKC announce third rail terminal in Kansas
Feb 03, 2022
Full operations at this new grain shuttle loader are expected to begin by late 2023. MKC and CHS officials note that final construction decisions and timeline are contingent on negotiations with state and local officials. Located in Rice County, the facility will include a high-speed shuttle loader with access to rail on the K&O Railroad. Upon completion, on-site storage will be approximately 5.2 million bushels.
“We are excited to once again make a strategic local investment with our cooperative partners at CHS. Investments such as this rail terminal expand the cooperative system’s ability to deliver our farmer’s grain to various parts of the world, returning greater value to local farmers and local communities.” –Brad Stedman, MKC CEO
“In keeping with our purpose of creating connections to empower agriculture, CHS is pleased to continue to invest in strategic assets that increase producers’ access to international markets. MKC brings strong customer relationships and connections to this endeavor, helping us mutually build a robust and sustainable cooperative system.” –Mike Johnston, Senior Vice President, CHS Inc.
The terminal expansion has been carefully evaluated by both cooperatives, and we are confident this investment will generate solid returns for producers and member owners throughout central Kansas. The project is also expected to create new jobs during construction and operation.
The facility will operate as a limited liability company owned by CHS and MKC. The LLC operates two additional high-speed shuttle loading facilities in Canton and Milan, Kansas. To bring further success to member owners, Producer Ag, formerly known as TMA, will handle grain marketing services for the Rice County facility.
###
About MKC
MKC (Mid Kansas Cooperative) is a full-service farm cooperative offering a complete line of products, programs, and services for both farm and urban customers throughout Kansas. With a current membership of nearly 10,000 members, MKC specializes in grain, agronomy, energy, feed and risk management. More than 550 employees play a key role in the growth and success of the cooperative. Since its’ founding in 1965, MKC has expanded its footprint through mergers and acquisitions to meet the needs of the producer. MKC’s mission is to create customer, employee, and partner success to provide a safe and sustainable food supply. Learn more about MKC at mkcoop.com and follow the MKC story on Facebook, Twitter and Instagram.
About CHS
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.
About Producer Ag
Producer Ag, LLC. helps farmers protect their revenue and preserve equity by combining crop insurance, crop inputs, and grain marketing. Together our programs reduce risk, increase revenue and improve quality of life for producers. Producer Ag believes strongly in our farm-gate approach to help producers manage their risk by combining educated crop insurance decisions with customized grain marketing strategies.
For more information contact:
MKC: Shelby Berens, shelby.berens@mkcoop.com or 620-345-4149
CHS: Jennifer Chick, jennifer.chick@chsinc.com or 651-355-4594