CHS INC — Director's Dealing 2005

May 3, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHS INC (CHSCP)
CIK: 0000823277
Period of Report: 2005-05-02

Reporting Person: BIELENBERG DAVID (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-02	8% Cumulative Redeemable Preferred Stock	P	130	$26.25	Acquired	1530	Direct