Item 7.01 Regulation FD Disclosure.
Representatives of CHS Inc. ("CHS") will be participating in upcoming meetings
with CHS's member-owners and others. Among other topics, CHS representatives
will discuss the 2021 fiscal year patronage and equity redemption determinations
that were recently made by the CHS Board of Directors. A summary of those
determinations are as follows: (1) 10.0% of the earnings from patronage business
for the fiscal year ended August 31, 2021 ("Fiscal 2021") will be added to CHS's
capital reserves, (2) $50.0 million of CHS's Fiscal 2021 patronage-sourced
earnings will be paid in cash to its member-owners during the fiscal year ending
August 31, 2022 ("Fiscal 2022") and (3) $100.0 million in cash is intended to be
distributed in Fiscal 2022 in the form of equity redemptions, $70.0 million of
which is intended to be distributed to association members and $30.0 million of
which is intended to be distributed to individual producer members or their
estates. Additional details will be available after fiscal 2021 year-end results
are filed on CHS's Form 10-K, including the amount of nonqualified Fiscal 2021
patronage equity certificates that will be distributed.
Pursuant to General Instruction B.2. to Form 8-K, the information set forth in
this Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section. The information in this Form 8-K shall not be
incorporated by reference into any filing under the Securities Act of 1933, as
amended, except as shall otherwise be expressly set forth by specific reference
in such filing.
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