CHS INC — Director's Dealing 2006

Jan 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHS INC (CHSCP)
CIK: 0000823277
Period of Report: 2006-01-04

Reporting Person: JOHNSON JOHN D (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-04	8% Cumulative Redeemable Preferred Stock	P	110	$26.49	Acquired	1110	Indirect
2006-01-04	8% Cumulative Redeemable Preferred Stock	P	110	$26.489	Acquired	1110	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
8% Cumulative Redeemable Preferred Stock	1000	Indirect
8% Cumulative Redeemable Preferred Stock	1600	Direct

Footnotes

F1: Notification by broker to reporting person received on third business day from date of trade.