
CHS Inc. reported fiscal 2026 net income of $1.1 billion, up from $597.9 million a year earlier, on consolidated revenue of $39.2 billion. Strong refining, oilseed crush and ethanol margins offset weaker agronomy volumes, and the cooperative plans to return $300 million to owners in 2027.
Strong oilseed crush margins signal robust meal and oil output, which supports soybean meal supply for feed buyers. Weak US farm economy reducing agronomy demand is a bearish signal for input demand.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.