CHS INC — Director's Dealing 2007

Jul 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHS INC (CHSCP)
CIK: 0000823277
Period of Report: 2007-07-18

Reporting Person: BRATLAND GAYLON (VP - Risk Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-18	8% Cumulative Redeemable Preferred Stock	P	39	$25.7394	Acquired	39	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
8% Cumulative Redeemable Preferred Stock	200	Direct
8% Cumulative Redeemable Preferred Stock	190	Indirect
8% Cumulative Redeemable Preferred Stock	40	Indirect
8% Cumulative Redeemable Preferred Stock	40	Indirect
8% Cumulative Redeemable Preferred Stock	40	Indirect
8% Cumulative Redeemable Preferred Stock	40	Indirect
8% Cumulative Redeemable Preferred Stock	40	Indirect