ST. PAUL, MINN. (NOV. 21, 2013) –CHS Inc. (NASDAQ: CHSCP and CHSCO), the nation's leading farmer-owned cooperative and a global energy, grains and foods business, today announced it is introducing two new liquid starter fertilizers: CHS Aventine™ Complete, available through CHS Service Centers, and XLR-rate™, available nationwide through CHS cooperatives and crop input retailers.
“XLR-rate liquid starter fertilizer is a high orthophosphate formulation that delivers early green-up in colder, wet soils; promotes root development for a better stand and strengthens the crop during pre-productive growth stages to overcome disease and adverse growing conditions,” said Michael Johnson, crop nutrients marketing director for CHS.
Mark Biedenfeld, business development manager for CHS, said, “CHS Aventine Complete contains a broad range of nutrients and unique chelation technology that prevents micronutrients like iron, copper, zinc and manganese from binding in the soil, which improves seedling health for a good start that’s necessary for maximum yield.”
Both XLR-rate and CHS Aventine Complete can be used as a soil or foliar application. Their low-salt formulations make both products seed and plant safe, eliminating the risk of injury or yield loss.
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.
This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2013, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.