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Stock impact report

CHS Obtains Exclusive Rights to Corteva Agriscience Confectionary Sunflower Breeding Program in North America

CHS Inc - 8% Cumulative Redeemable Preferred Stock (CHSCP) 
Company Research Source: PR Newswire
ST. PAUL, Minn., Dec. 11, 2019 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP), an industry leader in hybrid sunflower seed development, today announced that it has obtained exclusive breeding and distribution rights to the Corteva Agriscience confectionary sunflower and conoil sunflower programs in North America. This will expand the number of sunflower hybrids available to CHS contract growers and farmer-owners and provide more high-value market opportunities.  "By expanding our sunflower breeding program, we are working to ensure our owners have the highest quality seeds to grow their businesses and meet the ever-changing tastes of sunflower seed consumers," said Joel Schaefer, CHS Sunflower research director. Corteva sunflower variety nomenclature will remain constant, but will be rebranded under the CHS Royal Hybrid® brand. "CHS intends to maintain and grow relationships with processors, retailers and growers who have relied on Corteva's confectionary sunflower breeding program for year Show less Read more
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