XML 57 R22.htm IDEA: XBRL DOCUMENT

Related Party Transactions

12 Months Ended

Aug. 31, 2021

We purchase and sell grain and other agricultural commodity products from certain equity investees, primarily CF Nitrogen, Ventura Foods, Ardent Mills and TEMCO. Sales to and purchases from related parties for the years ended August 31, 2021, 2020 and 2019, respectively, are as follows:


	2021		2020		2019
	(Dollars in thousands)
Sales	$	2,744,482	$	2,528,921	$	2,628,670
Purchases	2,682,165		872,819		901,812

Receivables due from and payables due to related parties as of August 31, 2021 and 2020, are as follows:


	2021		2020
	(Dollars in thousands)
Due from related parties	$	40,485	$	129,397
Due to related parties	90,986		53,602

As a cooperative, we are owned by farmers and ranchers and member cooperatives, which are referred to as members. We buy commodities from and provide products and services to our members. Individually, our members do not have a significant ownership in CHS.