CHS opens grain marketing office in Switzerland
July 09, 2007
by Eric Schroeder
ST. PAUL, MINN. — CHS, the third largest U.S. grain company handling 1.2 billion bushels a year, has opened a grain marketing office in Geneva, Switzerland. According to CHS, the location will source and market a variety of grains and oilseeds, including wheat, barley, canola, sunflower seeds and corn through the rapidly expanding production and consumption regions of the Black Sea and Mediterranean Basin.
"This European location compliments our existing grain business and enables us to enhance both service and execution to our global customers," said Mark Palmquist, chief operating officer and executive vice-president for ag business at CHS.
Rick Browne, senior vice-president of grain marketing at CHS, said the office in Geneva will provide CHS "significant opportunity for growth, valuable competitive advantages and increased market access."
CHS has named Claudio Scarrozza senior vice-president for CHS Europe S.A., the subsidiary of CHS that will operate the Geneva office.
In addition to Geneva, CHS operates grain marketing offices in Inver Grove Heights and Winona, Minn.; Davenport, Iowa; Lincoln, Neb.; and Sao Paulo, Brazil.
CHS is owned by farmers, ranchers and cooperatives from the Great Lakes to the Pacific Northwest and from the Canadian border to Texas, along with thousands of preferred stockholders.