Scott A. Cordes

CHS, Inc. is an integrated agricultural company, which engages in the provision of grains, food, and energy resources to businesses and consumers on a global basis. It operates through the following business segments: Energy, Ag, Nitrogen Production and Corporate and Other. The Energy segment produces and provides primarily for the wholesale distribution of petroleum products and transportation of products. The Ag segment purchases and further processes or resells grains and oilseeds originated by the country operations business. The Nitrogen Production segment consists solely of equity method investment in CF Nitrogen. The Corporate and Other represents financing and hedging businesses, which primarily consists of commodities hedging, financial services related to crop production, and insurance. The company was founded in 1929 and is headquartered in Inver Grove Heights, MN.

National Futures Association is a self-regulatory organization for the derivatives industry. The non-profit company is based in Chicago, IL. The company's focus is on providing innovative and effective regulatory programs. The company was founded by Leonid Adolfovich Melamed.

Minneapolis Grain Exchange, Inc. operates as a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO). It offers hard red spring wheat futures and options, agricultural index futures and options, and spikes futures. The company was founded in 1881 and is headquartered in Minneapolis, MN.

Central Farm Service engages in the wholesale of farm supplies. The private company is based in Clarks Grove, MN.

Part of CHS, Inc., CHS Hedging LLC is a company that provides commodity brokerage services. The company is based in Inver Grove Heights, MN.

AG Partners Coop is an agricultural firm that specializes in the sale of feed and provides marketing, energy, and risk management services. The private company is based in Goodhue, MN.