CHS INC — Director's Dealing 2008

Feb 1, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHS INC (CHSCP)
CIK: 0000823277
Period of Report: 2008-01-30

Reporting Person: JOHNSON JOHN D (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-30	8% Cumulative Redeemable Preferred Stock	G	3999	—	Disposed	1	Direct
2008-01-31	8% Cumulative Redeemable Preferred Stock	G	1	—	Disposed	0	Direct
2008-01-30	8% Cumulative Redeemable Preferred Stock	G	1333	—	Acquired	2443	Indirect
2008-01-30	8% Cumulative Redeemable Preferred Stock	G	1333	—	Acquired	2443	Indirect
2008-01-30	8% Cumulative Redeemable Preferred Stock	G	1333	—	Acquired	2333	Indirect
2008-01-31	8% Cumulative Redeemable Preferred Stock	G	1	—	Acquired	2334	Indirect