CHS INC — Director's Dealing 2007

Jan 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHS INC (CHSCP)
CIK: 0000823277
Period of Report: 2007-01-23

Reporting Person: JOHNSON JOHN D (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-23	8% Cumulative Redeemable Preferred Stock	P	2400	$26.37	Acquired	4000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
8% Cumulative Redeemable Preferred Stock	1110	Indirect
8% Cumulative Redeemable Preferred Stock	1110	Indirect
8% Cumulative Redeemable Preferred Stock	1000	Indirect