CHS expands South American presence

Framer-owned US cooperative, CHS Inc. has extended its South American presence by buying a 25 percent stake in Brazilian logistics company TCN.

The move is to capitalise on the growing demand for soybeans and corn in developing economies.

English: Fountain in São Luís, Brazil (Photo credit: Wikipedia)

In addition to the ownership investment, CHS also signed a long-term agreement with TCN, securing export terminal access at the Port of Itaqui, Sao Luis, Brazil.

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