CHS Inc. and Sunrise Ag Service Company have announced two new business arrangements that could enhance specialty and bulk grain-handling access via the Illinois River. CHS, a diversified energy, grains and foods company, and Sunrise Ag Service, an Illinois-based grain and agricultural supply cooperative, will establish a 50-50 limited liability partnership to build and operate a new river grain terminal at Havana, Ill.
At the same time, the two companies have entered into a separate agreement with Clarkson Grain for another limited liability corporation to manage truck-to-barge access through two belts at the Beardstown, Ill., river terminal.
The new river terminal at Havana will bring new storage capacity for identity-preserved and value-added grains destined for export through the Gulf of Mexico. Plans include two 150,000-bushel storage bins and space for a 1 million-bushel covered ground pile. The terminal will be able to unload 20 trucks per hour, dry 5,000 bushels per hour and move 40,000 bushels per hour via barge belt. It is expected to be ready for the 2007 harvest.
The Beardstown LLC agreement includes a long-term grain put-through arrangement for specialty-trait and bulk gain from CHS and Sunrise Ag Service, and new container loading/unloading services. This container/truck-to-barge, and vice versa, service brings added bulk handling capability to the region at a time when shipments via container are rising.