Edible oils and fats Global Market Outlook (2017-2026)

  • edible oil evolution-chs inc of chile
  • edible oil evolution-chs inc of chile
  • edible oil evolution-chs inc of chile
  • edible oil evolution-chs inc of chile

Edible Oil and Fats Market Progress & Manufacturer

Research Edible Oils Manufacturing Companies

Chs Inc., 220 CLEMENT AVE GRANDIN, ND 58038 Buyer

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  • Why is CHS co-owning Ventura Foods?
  • Co-owning Ventura Foods directly connects CHS farmer-owners to the food supply chain, says Todd Biedenfeld, director of vegetable oil and sunflower sales with CHS. “CHS has had incredible returns from our soy and canola processing businesses over the last few years and Ventura Foods is a large contributor to that success,” he says.
  • Where does CHS oil come from?
  • Ventura Foods is the largest oil customer for CHS, Biedenfeld says. CHS oils are shipped via rail and truck from refineries in Mankato, Minn., and Hallock, Minn., to 11 Ventura Foods plants nationwide. Formed in 1996 as a joint venture between CHS and Mitsui & Co. following the merger of Wilsey Foods and Holsum Foods.
  • How does Ventura Foods benefit CHS farmer-owners?
  • That growth benefits CHS farmer-owners in multiple ways. Ventura Foods is a strong, consistent buyer of soybean oil and canola oil. The company annually purchases about 25% of the refined, bleached and deodorized soy oil, 15% to 20% of the high-oleic soy oil and 15% of the canola oil produced by CHS facilities.
  • Does Ventura Foods buy soy oil?
  • The company annually purchases about 25% of the refined, bleached and deodorized soy oil, 15% to 20% of the high-oleic soy oil and 15% of the canola oil produced by CHS facilities. Co-owning Ventura Foods directly connects CHS farmer-owners to the food supply chain, says Todd Biedenfeld, director of vegetable oil and sunflower sales with CHS.
  • How has Ventura Foods changed over the past decade?
  • Ventura Foods revenues have increased by about $1 billion in the past decade to nearly $4 billion in fiscal year 2023, which ended March 31, 2023. That growth benefits CHS farmer-owners in multiple ways. Ventura Foods is a strong, consistent buyer of soybean oil and canola oil.
  • What kind of oil does Ventura Foods use?
  • Edible oils are the main ingredients in Ventura Foods products. The company annually uses 2 billion pounds of edible oils derived from soybeans, canola, palm, cottonseed, corn, peanuts, coconuts, olives and other plant sources. Soy oil accounts for 65% to 75% of the company’s oil use, Furman says.