CHS (CHSCP) 10-Q 13 Jul 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	May 31, 2023	Jul. 13, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 31, 2023
Document Transition Report	false
Entity File Number	001-36079
Entity Registrant Name	CHS Inc.
Entity Incorporation, State or Country Code	MN
Entity Tax Identification Number	41-0251095
Entity Address, Address Line One	5500 Cenex Drive
Entity Address, City or Town	Inver Grove Heights
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55077
City Area Code	651
Local Phone Number	355-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		0
Entity Central Index Key	0000823277
Current Fiscal Year End Date	--08-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false
8% Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	8% Cumulative Redeemable Preferred Stock
Trading Symbol	CHSCP
Security Exchange Name	NASDAQ
Class B, Series 1 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Cumulative Redeemable Preferred Stock, Series 1
Trading Symbol	CHSCO
Security Exchange Name	NASDAQ
Class B, Series 2 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 2
Trading Symbol	CHSCN
Security Exchange Name	NASDAQ
Class B, Series 3 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3
Trading Symbol	CHSCM
Security Exchange Name	NASDAQ
Class B, Series 4 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Cumulative Redeemable Preferred Stock, Series 4
Trading Symbol	CHSCL
Security Exchange Name	NASDAQ

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Current assets [Abstract]
Cash and cash equivalents	$ 997,323	$ 793,957
Receivables	3,839,097	3,548,315
Inventories	3,280,822	3,652,871
Other current assets	1,269,049	1,382,704
Total current assets	9,386,291	9,377,847
Investments	3,905,734	3,728,006
Property, plant and equipment	4,757,169	4,744,959
Other assets	1,145,257	973,995
Total assets	19,194,451	18,824,807
Current liabilities [Abstract]
Notes payable	605,955	606,719
Current portion of long-term debt	137,402	290,605
Accounts payable	3,145,954	3,063,310
Accrued expenses	863,298	784,317
Other Liabilities	1,868,361	2,207,018
Total current liabilities	6,620,970	6,951,969
Long-term debt	1,814,854	1,668,209
Other liabilities	675,249	743,363
Commitments and contingencies (Note 13)
Equities:
Preferred stock	2,264,038	2,264,038
Equity certificates	4,965,745	5,391,236
Accumulated other comprehensive loss	(260,271)	(255,335)
Capital reserves	3,108,946	2,055,682
Total CHS Inc. equities	10,078,458	9,455,621
Noncontrolling interests	4,920	5,645
Total equities	10,083,378	9,461,266
Total liabilities and equities	$ 19,194,451	$ 18,824,807

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Income Statement [Abstract]
Revenues	$ 12,026,051	$ 13,137,724	$ 36,098,738	$ 34,351,069
Cost of goods sold	11,351,711	12,493,467	34,160,996	32,917,906
Gross profit	674,340	644,257	1,937,742	1,433,163
Marketing, general and administrative expenses	273,238	243,136	749,829	692,395
Operating earnings	401,102	401,121	1,187,913	740,768
Interest expense	36,949	32,099	106,166	80,705
Other income	(31,027)	(6,636)	(83,629)	(31,817)
Equity income from investments	(162,940)	(263,079)	(523,236)	(644,347)
Income before income taxes	558,120	638,737	1,688,612	1,336,227
Income tax expense	10,777	62,492	66,305	89,143
Net income	547,343	576,245	1,622,307	1,247,084
Net loss attributable to noncontrolling interests	(156)	(329)	(111)	(451)
Net income attributable to CHS Inc.	$ 547,499	$ 576,574	$ 1,622,418	$ 1,247,535

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Net income (loss)	$ 547,343	$ 576,245	$ 1,622,307	$ 1,247,084
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Pension and other postretirement benefits	130	4,485	4,681	12,834
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(2,531)	(25,257)	(7,595)	(34,951)
Foreign currency translation adjustment	(707)	2,551	(2,022)	(1,568)
Other Comprehensive Income (Loss), Net of Tax, Total	(3,108)	(18,221)	(4,936)	(23,685)
Comprehensive income (loss)	544,235	558,024	1,617,371	1,223,399
Less comprehensive income attributable to noncontrolling interests	(156)	(329)	(111)	(451)
Comprehensive Income (Loss) Attributable to CHS	$ 544,391	$ 558,353	$ 1,617,482	$ 1,223,850

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	May 31, 2023	May 31, 2022
Cash flows from operating activities:
Net income (loss)	$ 1,622,307	$ 1,247,084
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	400,474	399,562
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions	(167,940)	(345,846)
Provision for current expected credit losses	(10,592)	18,641
Deferred taxes	(65,839)	(51,522)
Other, net	(3,853)	(6,643)
Changes in operating assets and liabilities, net of acquisitions:
Receivables	(206,328)	(1,074,111)
Inventories	372,049	(1,117,020)
Accounts payable and accrued expenses	214,410	967,603
Other liabilities	(184,963)	(44,886)
Net cash provided by (used in) operating activities	1,969,725	(7,138)
Cash flows from investing activities:
Acquisition of property, plant and equipment	(374,230)	(207,455)
Proceeds from disposition of property, plant and equipment	22,823	8,127
Expenditures for major repairs	(184,435)	(18,072)
Proceeds from Sales of Business, Affiliate and Productive Assets	64	73,152
Changes in CHS Capital notes receivable, net	(120,657)	(200,380)
Financing extended to customers	(138,407)	(47,235)
Payments from customer financing	152,323	53,442
Other investing activities, net	(8,569)	(1,467)
Net cash provided by (used in) investing activities	(651,088)	(339,888)
Cash flows from financing activities:
Proceeds from lines of credit and long-term borrowings	6,124,177	19,077,600
Payments on lines of credit, long-term borrowings and capital lease obligations	(6,104,543)	(18,401,162)
Preferred stock dividends paid	(126,501)	(126,501)
Redemptions of equities	(480,435)	(99,229)
Cash patronage dividends paid	(502,938)	(51,026)
Other financing activities, net	(56,924)	(43,736)
Net cash provided by (used in) financing activities	(1,147,164)	355,946
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(16)	(11,311)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	171,457	(2,391)
Cash and cash equivalents and restricted cash at beginning of period	903,474	542,484
Cash and cash equivalents and restricted cash at end of period	$ 1,074,931	$ 540,093

Organization, Basis of Presenta

Organization, Basis of Presentation and Significant Accounting Policies	9 Months Ended
	May 31, 2023
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies	Basis of Presentation and Significant Accounting Policies Basis of Presentation These unaudited condensed consolidated financial statements reflect, in the opinion of management, all normal recurring adjustments necessary for a fair statement of our financial position, results of operations and cash flows for the periods presented. The results of operations and cash flows for interim periods are not necessarily indicative of results for a full fiscal year because of the seasonal nature of our businesses, among other things. Our unaudited condensed consolidated financial statements and notes are presented as permitted by the requirements for Quarterly Reports on Form 10-Q and should be read in conjunction with the consolidated financial statements and notes thereto for the year ended August 31, 2022, included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"). Significant Accounting Policies No significant accounting policies were updated or changed since our Annual Report on Form 10-K for the year ended August 31, 2022. Recent Accounting Pronouncements No recent accounting pronouncements are expected to have a material impact on our condensed consolidated financial statements.

Revenues (Notes)

Revenues (Notes)	9 Months Ended
	May 31, 2023
Revenue from Contract with Customer [Abstract]
Revenues	Revenues The following table presents revenues recognized under Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"), disaggregated by reportable segment, as well as the amount of revenues recognized under ASC Topic 815, Derivatives and Hedging ("ASC Topic 815"), and other applicable accounting guidance for the three and nine months ended May 31, 2023 and 2022. Other applicable accounting guidance primarily includes revenues recognized under ASC Topic 470, Debt , and ASC Topic 842, Leases , that fall outside the scope of ASC Topic 606. ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Three Months Ended May 31, 2023 (Dollars in thousands) Energy $ 1,980,243 $ 283,844 $ — $ 2,264,087 Ag 3,295,312 6,444,559 4,105 9,743,976 Corporate and Other 6,388 — 11,600 17,988 Total revenues $ 5,281,943 $ 6,728,403 $ 15,705 $ 12,026,051 Three Months Ended May 31, 2022 Energy $ 2,529,311 $ 246,631 $ — $ 2,775,942 Ag 3,460,390 6,883,785 8,194 10,352,369 Corporate and Other 4,205 — 5,208 9,413 Total revenues $ 5,993,906 $ 7,130,416 $ 13,402 $ 13,137,724 ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Nine Months Ended May 31, 2023 (Dollars in thousands) Energy $ 6,775,463 $ 776,831 $ — $ 7,552,294 Ag 7,757,867 20,724,153 15,670 28,497,690 Corporate and Other 18,874 — 29,880 48,754 Total revenues $ 14,552,204 $ 21,500,984 $ 45,550 $ 36,098,738 Nine Months Ended May 31, 2022 Energy $ 6,426,092 $ 681,836 $ — $ 7,107,928 Ag 8,056,676 19,139,417 21,466 27,217,559 Corporate and Other 11,785 — 13,797 25,582 Total revenues $ 14,494,553 $ 19,821,253 $ 35,263 $ 34,351,069 Less than 1% of revenues accounted for under ASC Topic 606 included within the tables above are recorded over time and relate primarily to service contracts. Contract Assets and Contract Liabilities Contract assets relate to unbilled amounts arising from goods that have already been transferred to the customer where the right to payment is not conditional on the passage of time. This results in recognition of an asset, as the amount of revenue recognized at a certain point in time exceeds the amount billed to customers. Contract assets are recorded in receivables within our Condensed Consolidated Balance Sheets and were $51.7 million and $17.2 million as of May 31, 2023, and August 31, 2022, respectively. Contract liabilities relate to advance payments received from customers for goods and services that we have yet to provide. Contract liabilities of $318.0 million and $541.5 million as of May 31, 2023, and August 31, 2022, respectively, are recorded within other current liabilities on our Condensed Consolidated Balance Sheets. For the three months ended May 31, 2023 and 2022, we recognized revenues of $93.1 million and $48.1 million related to contract liabilities, respectively. For the nine months ended May 31, 2023 and 2022, we recognized revenues of $285.3 million and $213.9 million related to contract liabilities, respectively. These amounts were included in the other current liabilities balance at the beginning of the respective period.

Receivables

Receivables	9 Months Ended
	May 31, 2023
Receivables [Abstract]
Receivables	Receivables May 31, August 31, (Dollars in thousands) Trade accounts receivable $ 2,842,749 $ 2,626,623 CHS Capital short-term notes receivable 724,334 644,875 Other 376,571 404,734 Gross receivables 3,943,654 3,676,232 Less: allowances and reserves 104,557 127,917 Total receivables $ 3,839,097 $ 3,548,315 Receivables are composed of trade accounts receivable, short-term notes receivable in our wholly-owned subsidiary, CHS Capital, LLC ("CHS Capital"), and other receivables, less an allowance for expected credit losses. The allowance for expected credit losses is based on our best estimate of expected credit losses in existing receivable balances and is determined using historical write-off experience, adjusted for various industry and regional data and current expectations of future credit losses. Notes receivable from commercial borrowers are collateralized by various combinations of mortgages, personal property, accounts and notes receivable, inventories and assignments of certain regional cooperatives' capital stock. These loans are primarily originated in the states of Minnesota, Montana and North Dakota. CHS Capital also has loans receivable from producer borrowers that are collateralized by various combinations of growing crops, livestock, inventories, accounts receivable, personal property and supplemental mortgages and are primarily originated in the same states as the commercial notes, as well as in South Dakota. In addition to the short-term balances included in the table above, CHS Capital had long-term notes receivable, with durations of generally not more than 10 years, totaling $65.6 million and $54.3 million as of May 31, 2023, and August 31, 2022, respectively. The long-term notes receivable are included in other assets on our Condensed Consolidated Balance Sheets. As of May 31, 2023, and August 31, 2022, commercial notes represented 33% and 25%, respectively, and producer notes represented 67% and 75%, respectively, of total CHS Capital notes receivable. CHS Capital has commitments to extend credit to customers if there are no violations of any contractually established conditions. As of May 31, 2023, CHS Capital customers had additional available credit of $1.2 billion. No significant troubled debt restructuring activity occurred, and no third-party customer or borrower accounted for more than 10% of the total receivables balance as of May 31, 2023, or August 31, 2022.

Inventories

Inventories	9 Months Ended
	May 31, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories May 31, August 31, (Dollars in thousands) Grain and oilseed $ 1,011,947 $ 1,133,531 Energy 673,584 824,114 Agronomy 1,096,250 1,295,548 Processed grain and oilseed 292,254 292,992 Other 206,787 106,686 Total inventories $ 3,280,822 $ 3,652,871

Investments

Investments	9 Months Ended
	May 31, 2023
Investments [Abstract]
Investments	Investments May 31, August 31, (Dollars in thousands) Equity method investments: CF Industries Nitrogen, LLC $ 2,717,704 $ 2,641,604 Ventura Foods, LLC 459,906 410,093 Ardent Mills, LLC 258,539 250,857 TEMCO, LLC 47,377 32,809 Other equity method investments 286,810 265,913 Other investments 135,398 126,730 Total investments $ 3,905,734 $ 3,728,006 Joint ventures and other investments in which we have significant ownership and influence, but not control, are accounted for in our condensed consolidated financial statements using the equity method of accounting. Our only significant equity method investment during the nine months ended May 31, 2023 and 2022, was CF Industries Nitrogen, LLC ("CF Nitrogen"), which is summarized below. In addition to recognition of our share of income from equity method investments, our equity method investments are evaluated for indicators of other-than-temporary impairment on an ongoing basis in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"). Other investments consist primarily of investments in cooperatives without readily determinable fair values and are generally recorded at cost, unless an impairment or other observable market price change occurs requiring an adjustment. We have approximately $756.7 million in cumulative undistributed earnings from our equity method investees included in the investments balance as of May 31, 2023. CF Nitrogen We have a $2.7 billion investment in CF Nitrogen, a strategic venture with CF Industries Holdings, Inc. ("CF Industries"). The investment consists of an approximate 8% membership interest (based on product tons) in CF Nitrogen. We account for this investment using the hypothetical liquidation at book value method, recognizing our share of the earnings and losses of CF Nitrogen as equity income from investments in our Nitrogen Production segment based on our contractual claims on the entity's net assets pursuant to the liquidation provisions of CF Nitrogen's Limited Liability Company Agreement, adjusted for semiannual cash distributions. The following table provides summarized unaudited financial information for our equity method investment in CF Nitrogen for the nine months ended May 31, 2023 and 2022: Nine Months Ended May 31, 2023 2022 (Dollars in thousands) Net sales $ 4,200,120 $ 4,972,383 Gross profit 1,898,265 2,682,653 Net earnings 1,884,666 2,641,425 Earnings attributable to CHS Inc. 330,855 497,289 Our investments in other equity method investees are not significant in relation to our condensed consolidated financial statements, either individually or in aggregate.

Equities

Equities	9 Months Ended
	May 31, 2023
Equity [Abstract]
Equities	Changes in Equities Changes in equities for the three months ended May 31, 2023 and 2022, are as follows: Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, February 28, 2023 $ 3,307,140 $ 27,861 $ 1,771,844 $ 2,264,038 $ (257,163) $ 2,710,507 $ 5,092 $ 9,829,319 Reversal of prior year patronage and redemption estimates 462,690 — — — — 119,360 — 582,050 Distribution of 2022 patronage refunds 2,615 — 1,226 — — (124,889) — (121,048) Redemptions of equities (457,679) (112) (4,898) — — — — (462,689) Other, net (678) (44) (115) — — 574 (16) (279) Net income (loss) — — — — — 547,499 (156) 547,343 Other comprehensive loss, net of tax — — — — (3,108) — — (3,108) Estimated 2023 cash patronage refunds — — — — — (144,105) — (144,105) Estimated 2023 equity redemptions (144,105) — — — — — — (144,105) Balances, May 31, 2023 $ 3,169,983 $ 27,705 $ 1,768,057 $ 2,264,038 $ (260,271) $ 3,108,946 $ 4,920 $ 10,083,378 Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, February 28, 2022 $ 3,462,002 $ 28,110 $ 1,632,818 $ 2,264,038 $ (221,855) $ 2,196,428 $ 6,903 $ 9,368,444 Reversal of prior year patronage and redemption estimates 81,731 — — — — 20,170 — 101,901 Distribution of 2021 patronage refunds — — 4,205 — — (25,188) — (20,983) Redemptions of equities (78,616) (90) (3,038) — — — — (81,744) Other, net (2,228) (1) (6,809) — — 1,105 (295) (8,228) Net income (loss) — — — — — 576,574 (329) 576,245 Other comprehensive loss, net of tax — — — — (18,221) — — (18,221) Estimated 2022 cash patronage refunds — — — — — (58,745) — (58,745) Estimated 2022 equity redemptions (117,491) — — — — — — (117,491) Balances, May 31, 2022 $ 3,345,398 $ 28,019 $ 1,627,176 $ 2,264,038 $ (240,076) $ 2,710,344 $ 6,279 $ 9,741,178 Changes in equities for the nine months ended May 31, 2023 and 2022, are as follows: Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, August 31, 2022 $ 3,587,131 $ 27,933 $ 1,776,172 $ 2,264,038 $ (255,335) $ 2,055,682 $ 5,645 $ 9,461,266 Reversal of prior year patronage and redemption estimates (28,368) — (153,858) — — 1,162,661 — 980,435 Distribution of 2022 patronage refunds 516,246 — 154,484 — — (1,173,668) — (502,938) Redemptions of equities (471,589) (184) (8,662) — — — — (480,435) Preferred stock dividends — — — — — (126,501) — (126,501) Other, net (390) (44) (79) — — 1,401 (614) 274 Net income (loss) — — — — — 1,622,418 (111) 1,622,307 Other comprehensive loss, net of tax — — — — (4,936) — — (4,936) Estimated 2023 cash patronage refunds — — — — — (433,047) — (433,047) Estimated 2023 equity redemptions (433,047) — — — — — — (433,047) Balances, May 31, 2023 $ 3,169,983 $ 27,705 $ 1,768,057 $ 2,264,038 $ (260,271) $ 3,108,946 $ 4,920 $ 10,083,378 Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, August 31, 2021 $ 3,583,911 $ 28,431 $ 1,634,896 $ 2,264,038 $ (216,391) $ 1,713,976 $ 8,465 $ 9,017,326 Reversal of prior year patronage and redemption estimates 99,216 — (230,290) — — 280,290 — 149,216 Distribution of 2021 patronage refunds — — 235,576 — — (286,602) — (51,026) Redemptions of equities (92,668) (428) (6,133) — — — — (99,229) Preferred stock dividends — — — — — (126,501) — (126,501) Other, net (3,256) 16 (6,873) — — 2,548 (1,735) (9,300) Net income (loss) — — — — — 1,247,535 (451) 1,247,084 Other comprehensive loss, net of tax — — — — (23,685) — — (23,685) Estimated 2022 cash patronage refunds — — — — — (120,902) — (120,902) Estimated 2022 equity redemptions (241,805) — — — — — — (241,805) Balances, May 31, 2022 $ 3,345,398 $ 28,019 $ 1,627,176 $ 2,264,038 $ (240,076) $ 2,710,344 $ 6,279 $ 9,741,178 Preferred Stock Dividends The following is a summary of dividends declared per share by series of preferred stock for the nine months ended May 31, 2023. Due to the timing of dividend declarations throughout the fiscal year, no declarations were made during the three months ended May 31, 2023 or 2022. Nine Months Ended May 31, Nasdaq symbol 2023 2022 Series of preferred stock: (Dollars per share) 8% Cumulative Redeemable CHSCP $ 1.50 $ 1.50 Class B Cumulative Redeemable, Series 1 CHSCO $ 1.48 $ 1.48 Class B Reset Rate Cumulative Redeemable, Series 2 CHSCN $ 1.33 $ 1.33 Class B Reset Rate Cumulative Redeemable, Series 3 CHSCM $ 1.27 $ 1.27 Class B Cumulative Redeemable, Series 4 CHSCL $ 1.41 $ 1.41 Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) by component for the three months ended May 31, 2023 and 2022, are as follows: Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of February 28, 2023, net of tax $ (164,089) $ 3,779 $ (96,853) $ (257,163) Other comprehensive income (loss), before tax: Amounts before reclassifications 148 (1,051) (800) (1,703) Amounts reclassified 23 (2,289) — (2,266) Total other comprehensive income (loss), before tax 171 (3,340) (800) (3,969) Tax effect (41) 809 93 861 Other comprehensive income (loss), net of tax 130 (2,531) (707) (3,108) Balance as of May 31, 2023, net of tax $ (163,959) $ 1,248 $ (97,560) $ (260,271) Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of February 28, 2022, net of tax $ (133,036) $ (4,870) $ (83,949) $ (221,855) Other comprehensive income (loss), before tax: Amounts before reclassifications 369 (39,169) 2,497 (36,303) Amounts reclassified 5,560 5,782 — 11,342 Total other comprehensive income (loss), before tax 5,929 (33,387) 2,497 (24,961) Tax effect (1,444) 8,130 54 6,740 Other comprehensive income (loss), net of tax 4,485 (25,257) 2,551 (18,221) Balance as of May 31, 2022, net of tax $ (128,551) $ (30,127) $ (81,398) $ (240,076) Changes in accumulated other comprehensive income (loss) by component for the nine months ended May 31, 2023 and 2022, are as follows: Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of August 31, 2022, net of tax $ (168,640) $ 8,843 $ (95,538) $ (255,335) Other comprehensive income (loss), before tax: Amounts before reclassifications 351 (24,392) (2,288) (26,329) Amounts reclassified 70 14,368 — 14,438 Total other comprehensive income (loss), before tax 421 (10,024) (2,288) (11,891) Tax effect 4,260 2,429 266 6,955 Other comprehensive income (loss), net of tax 4,681 (7,595) (2,022) (4,936) Balance as of May 31, 2023, net of tax $ (163,959) $ 1,248 $ (97,560) $ (260,271) Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of August 31, 2021, net of tax $ (141,385) $ 4,824 $ (79,830) $ (216,391) Other comprehensive income (loss), before tax: Amounts before reclassifications 286 (34,325) (1,679) (35,718) Amounts reclassified 16,680 (11,877) — 4,803 Total other comprehensive income (loss), before tax 16,966 (46,202) (1,679) (30,915) Tax effect (4,132) 11,251 111 7,230 Other comprehensive income (loss), net of tax 12,834 (34,951) (1,568) (23,685) Balance as of May 31, 2022, net of tax $ (128,551) $ (30,127) $ (81,398) $ (240,076) Amounts reclassified from accumulated other comprehensive income (loss) were related to pension and other postretirement benefits, cash flow hedges and foreign currency translation adjustments. Pension and other postretirement reclassifications include amortization of net actuarial loss, prior service credit and transition amounts and are recorded as cost of goods sold and marketing, general and administrative expenses (see Note 9, Benefit Plans , for further information). As described in Note 11, Derivative Financial Instruments and Hedging Activities , amounts reclassified from accumulated other comprehensive loss for cash flow hedges are recorded as cost of goods sold. Gains or losses on foreign currency translation reclassifications are recorded as other income.

Benefit Plans

Benefit Plans	9 Months Ended
	May 31, 2023
Retirement Benefits [Abstract]
Benefit plans	Benefit Plans We have various pension and other defined benefit and defined contribution plans, in which substantially all employees may participate. We also have nonqualified supplemental executive and Board of Directors retirement plans. Components of net periodic benefit costs for the three and nine months ended May 31, 2023 and 2022, are as follows: Three Months Ended May 31, Qualified Nonqualified Other Benefits 2023 2022 2023 2022 2023 2022 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 9,645 $ 11,569 $ 460 $ 232 $ 168 $ 249 Interest cost 7,647 4,292 185 70 259 126 Expected return on assets (10,782) (10,990) — — — — Prior service cost (credit) amortization 37 44 (29) (29) (111) (111) Actuarial loss (gain) amortization 468 5,852 61 120 (404) (315) Net periodic benefit cost (benefit) $ 7,015 $ 10,767 $ 677 $ 393 $ (88) $ (51) Nine Months Ended May 31, Qualified Nonqualified Other Benefits 2023 2022 2023 2022 2023 2022 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 28,934 $ 34,706 $ 1,380 $ 695 $ 503 $ 747 Interest cost 22,941 12,875 556 211 776 377 Expected return on assets (32,347) (32,969) — — — — Prior service cost (credit) amortization 112 131 (86) (86) (334) (334) Actuarial loss (gain) amortization 1,404 17,555 184 359 (1,211) (944) Net periodic benefit cost (benefit) $ 21,044 $ 32,298 $ 2,034 $ 1,179 $ (266) $ (154) Employer Contributions Contributions depend primarily on market returns on the pension plan assets and minimum funding level requirements. No contributions were made to the pension plans during the nine months ended May 31, 2023, and we do not anticipate being required to make contributions for our pension plans in fiscal 2023, although we may voluntarily elect to do so.

Income Taxes

Income Taxes	9 Months Ended
	May 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Our effective tax rate for the three months ended May 31, 2023, was 1.9%, compared to 9.8% for the three months ended May 31, 2022. Our effective tax rate for the nine months ended May 31, 2023, was 3.9%, compared to 6.7% for the nine months ended May 31, 2022. Our income tax expense reflects the mix of full-year earnings projected across business units and current equity management assumptions. Income taxes and effective tax rates vary each year based on profitability and nonpatronage business activity during the year.    Our uncertain tax positions are affected by the tax years that are under audit or remain subject to examination by the relevant taxing authorities. Reserves are recorded against unrecognized tax benefits when we believe certain fully supportable tax return positions are likely to be challenged, and we may not prevail. If we were to prevail on all positions taken in relation to uncertain tax positions, $115.7 million and $115.1 million of the unrecognized tax benefits would ultimately benefit our effective tax rate as of May 31, 2023, and August 31, 2022, respectively. It is reasonably possible that the total amount of unrecognized tax benefits could significantly change in the next 12 months.

Segment Reporting

Segment Reporting	9 Months Ended
	May 31, 2023
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting We are an integrated agricultural cooperative, providing grain, foods and energy resources to businesses and consumers on a global basis. We provide a wide variety of products and services, from initial agricultural inputs such as fuels, farm supplies, crop nutrients and crop protection products, to agricultural outputs that include grain and oilseed, processed grain and oilseed, renewable fuels and food products. We define our operating segments in accordance with ASC Topic 280, Segment Reporting , to reflect the manner in which our chief operating decision maker, our chief executive officer, evaluates performance and allocates resources in managing the business. We have aggregated those operating segments into three reportable segments: Energy, Ag and Nitrogen Production. Our Energy segment produces and provides primarily for the wholesale distribution of petroleum products and transportation of those products. Our Ag segment purchases and further processes or resells grain and oilseed originated by our country operations business, by our member cooperatives and by third parties; serves as a wholesaler and retailer of crop inputs; and produces and markets ethanol. Our Nitrogen Production segment consists of our equity method investment in CF Nitrogen and allocated expenses. Our supply agreement with CF Nitrogen entitles us to purchase up to a specified quantity of granular urea and urea ammonium nitrate ("UAN") annually from CF Nitrogen. Corporate and Other represents our financing and hedging businesses, which primarily consist of financial services related to crop production and a U.S. Commodity Futures Trading Commission-regulated futures commission merchant ("FCM") for commodities hedging. Our nonconsolidated investments in Ventura Foods, LLC ("Ventura Foods"), and Ardent Mills, LLC ("Ardent Mills"), are also included in our Corporate and Other category. Corporate administrative expenses and interest are allocated to each reportable segment and Corporate and Other, based on direct use of services, such as information technology and legal, and other factors or considerations relevant to the costs incurred. Many of our business activities are highly seasonal and our operating results vary throughout the year. Our revenues generally trend lower during the second fiscal quarter and increase in the third quarter; however, our income before income taxes does not necessarily follow the same trend due to weather and other events that can impact profitability. For example, in our Ag segment, our country operations business generally experiences higher volumes and revenues during the fall harvest and spring planting seasons, which generally correspond to our first and third fiscal quarters, respectively. Additionally, our agronomy business generally experiences higher volumes and revenues during the spring planting season. Our global grain and processing operations are subject to fluctuations in volume and revenues based on producer harvests, world grain prices, global demand and international trade relationships. Our Energy segment generally experiences higher volumes and revenues in certain operating areas, such as refined products, in the spring, summer and early fall when gasoline and diesel fuel use by agricultural producers is highest and is subject to global supply and demand forces. Other energy products, such as propane, generally experience higher volumes and revenues during the winter heating and fall crop-drying seasons. Our revenues, assets and cash flows can be significantly affected by global market prices for commodities such as petroleum products, natural gas, grain, oilseed and oilseed products, crop nutrients and flour. Changes in market prices for commodities that we purchase without a corresponding change in the selling prices of those products can affect revenues and operating earnings. Commodity prices are affected by a wide range of factors beyond our control, including weather, crop damage due to plant disease or insects, drought, availability and adequacy of supply, availability of reliable rail and river transportation networks, outbreaks of disease, government regulations and policies, global trade disputes, wars and civil unrest, bank failures, and general political and economic conditions. While our revenues and operating results are derived primarily from businesses and operations that are wholly-owned or subsidiaries and limited liability companies in which we have a controlling interest, a portion of our business operations is conducted through companies in which we hold ownership interests of 50% or less or otherwise do not control the operations. We account for these investments primarily using the equity method of accounting, wherein we record our proportionate share of income or loss reported by the entity as equity income from investments, without consolidating the revenues and expenses of the entity in our Condensed Consolidated Statements of Operations. In our Ag segment, this includes our 50% interest in TEMCO, LLC. In our Nitrogen Production segment, this consists of our approximate 8% membership interest (based on product tons) in CF Nitrogen. In Corporate and Other, this principally includes our 50% ownership in Ventura Foods and our 12% ownership in Ardent Mills. See Note 5, Investments, for more information related to our equity method investments. Reconciling amounts represent the elimination of revenues between segments. Such transactions are executed at market prices to more accurately evaluate the profitability of the individual business segments. Segment information for the three and nine months ended May 31, 2023 and 2022, is presented in the tables below: Energy Ag Nitrogen Production Corporate Reconciling Total Three Months Ended May 31, 2023 (Dollars in thousands) Revenues, including intersegment revenues $ 2,433,108 $ 9,752,861 $ — $ 21,996 $ (181,914) $ 12,026,051 Intersegment revenues (169,021) (8,885) — (4,008) 181,914 — Revenues, net of intersegment revenues $ 2,264,087 $ 9,743,976 $ — $ 17,988 $ — $ 12,026,051 Operating earnings (loss) 198,015 219,333 (17,393) 1,147 — 401,102 Interest expense 2,662 20,677 14,619 8,410 (9,419) 36,949 Other income (4,922) (25,001) — (10,523) 9,419 (31,027) Equity (income) loss from investments 1,280 (9,858) (88,275) (66,087) — (162,940) Income before income taxes $ 198,995 $ 233,515 $ 56,263 $ 69,347 $ — $ 558,120 Energy Ag Nitrogen Production Corporate Reconciling Total Three Months Ended May 31, 2022 (Dollars in thousands) Revenues, including intersegment revenues $ 2,943,305 $ 10,359,992 $ — $ 11,215 $ (176,788) $ 13,137,724 Intersegment revenues (167,363) (7,623) — (1,802) 176,788 — Revenues, net of intersegment revenues $ 2,775,942 $ 10,352,369 $ — $ 9,413 $ — $ 13,137,724 Operating earnings (loss) 164,016 256,817 (14,480) (5,232) — 401,121 Interest expense 2,182 18,581 12,263 (257) (670) 32,099 Other income (485) (10,221) (258) 3,658 670 (6,636) Equity income from investments (922) (25,231) (204,697) (32,229) — (263,079) Income before income taxes $ 163,241 $ 273,688 $ 178,212 $ 23,596 $ — $ 638,737

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	9 Months Ended
	May 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging Activities Disclosure	Derivative Financial Instruments and Hedging Activities We enter into various derivative instruments to manage our exposure to movements primarily associated with agricultural and energy commodity prices and, to a lesser degree, foreign currency exchange rates and interest rates. Except for certain cash-settled swaps related to future crude oil purchases and refined product sales, which are accounted for as cash flow hedges, our derivative instruments represent economic hedges of price risk for which hedge accounting under ASC Topic 815 is not applied. Rather, the derivative instruments are recorded on our Condensed Consolidated Balance Sheets at fair value with changes in fair value being recorded directly to earnings, primarily within cost of goods sold in our Condensed Consolidated Statements of Operations. See Note 12, Fair Value Measurements, for additional information. The majority of our exchange-traded agricultural commodity futures are settled daily through CHS Hedging, LLC, our wholly-owned FCM. Derivatives Not Designated as Hedging Instruments The majority of our derivative instruments have not been designated as hedging instruments. The following tables present the gross fair values of derivative assets, derivative liabilities and margin deposits (cash collateral) recorded on our Condensed Consolidated Balance Sheets, along with related amounts permitted to be offset in accordance with U.S. GAAP. Although we have certain netting arrangements for our exchange-traded futures and options contracts and certain over-the-counter ("OTC") contracts, we have elected to report our derivative instruments on a gross basis on our Condensed Consolidated Balance Sheets under ASC Topic 210-20, Balance Sheet-Offsetting . May 31, 2023 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative assets Commodity derivatives $ 443,518 $ — $ 6,794 $ 436,724 Foreign exchange derivatives 39,623 — 10,815 28,808 Total $ 483,141 $ — $ 17,609 $ 465,532 Derivative liabilities Commodity derivatives $ 352,978 $ 1,905 $ 14,301 $ 336,772 Foreign exchange derivatives 13,261 — 10,815 2,446 Total $ 366,239 $ 1,905 $ 25,116 $ 339,218 August 31, 2022 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative assets Commodity derivatives $ 464,167 $ — $ 3,834 $ 460,333 Foreign exchange derivatives 52,923 — 8,901 44,022 Total $ 517,090 $ — $ 12,735 $ 504,355 Derivative liabilities Commodity derivatives $ 378,291 $ 1,424 $ 12,574 $ 364,293 Foreign exchange derivatives 12,649 — 8,901 3,748 Total $ 390,940 $ 1,424 $ 21,475 $ 368,041 Derivative assets and liabilities with maturities of 12 months or less are recorded in other current assets and other current liabilities, respectively, on our Condensed Consolidated Balance Sheets. Derivative assets and liabilities with maturities greater than 12 months are recorded in other assets and other liabilities, respectively, on our Condensed Consolidated Balance Sheets. The amount of long-term derivative assets recorded on our Condensed Consolidated Balance Sheets as of May 31, 2023, and August 31, 2022, was $4.4 million and $8.5 million, respectively. The amount of long-term derivative liabilities recorded on our Condensed Consolidated Balance Sheets as of May 31, 2023, and August 31, 2022, was $3.5 million and $4.0 million, respectively. The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2023 and 2022: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain (Loss) 2023 2022 2023 2022 (Dollars in thousands) Commodity derivatives Cost of goods sold $ (59,177) $ (324,965) $ (194,832) $ (905,400) Foreign exchange derivatives Cost of goods sold (21,753) 18,147 (23,792) 58,438 Foreign exchange derivatives Marketing, general and administrative expenses 556 1,097 804 1,600 Other derivatives Other income — 258 — 2,057 Total $ (80,374) $ (305,463) $ (217,820) $ (843,305) Commodity Contracts As of May 31, 2023, and August 31, 2022, we had outstanding commodity futures and options contracts that were used as economic hedges, as well as fixed-price forward contracts related to physical purchases and sales of commodities. The table below presents the notional volumes for all outstanding commodity contracts: May 31, 2023 August 31, 2022 Long Short Long Short (Units in thousands) Grain and oilseed (bushels) 418,318 559,715 609,300 773,239 Energy products (barrels) 15,119 9,157 10,541 5,706 Processed grain and oilseed (tons) 5,672 11,324 1,191 4,182 Crop nutrients (tons) 76 15 23 22 Ocean freight (metric tons) 60 — 60 — Natural gas (metric million Btu) 940 — 420 — Foreign Exchange Contracts We conduct a substantial portion of our business in U.S. dollars, but are exposed to risks relating to foreign currency fluctuations, primarily due to global grain marketing transactions in South America, the Asia Pacific region and Europe and purchases of products from Canada. We use foreign currency derivative instruments to mitigate the impact of exchange rate fluctuations. Although we have some risk exposure relating to foreign currency transactions, a larger impact with exchange rate fluctuations is the ability of foreign buyers to purchase U.S. agricultural products and the competitiveness of U.S. agricultural products compared to the same products offered by alternative sources of world supply. The notional amount of our foreign exchange derivative contracts was $1.9 billion as of May 31, 2023, and August 31, 2022, respectively. Derivatives Designated as Cash Flow Hedging Strategies Certain pay-fixed, receive-variable, cash-settled swaps are designated as cash flow hedges of future crude oil purchases in our Energy segment. We also designate certain pay-variable, receive-fixed, cash-settled swaps as cash flow hedges of future refined energy product sales. These hedging instruments and the related hedged items are exposed to significant market price risk and potential volatility. As part of our risk management strategy, we look to hedge a portion of our expected future crude oil needs and the resulting refined product output based on prevailing futures prices, management's expectations about future commodity price changes and our risk appetite. We may also elect to dedesignate certain derivative instruments previously designated as cash flow hedges as part of our risk management strategy. Amounts recorded in other comprehensive income for these dedesignated derivative instruments remain in other comprehensive income and are recognized in earnings in the period in which the underlying transactions affect earnings. As of May 31, 2023, and August 31, 2022, the aggregate notional amounts of cash flow hedges were 1.1 million and 3.8 million barrels, respectively. The following table presents the fair value of our commodity derivative instruments designated as cash flow hedges and the locations on our Condensed Consolidated Balance Sheets in which they are recorded: Derivative Assets Derivative Liabilities Balance Sheet Location May 31, August 31, Balance Sheet Location May 31, August 31, (Dollars in thousands) (Dollars in thousands) Other current assets $ 4,698 $ 27,154 Other current liabilities $ 1,551 $ 11,818 The following table presents the pretax losses recorded in other comprehensive income relating to cash flow hedges for the three and nine months ended May 31, 2023 and 2022: Three Months Ended May 31, Nine Months Ended May 31, 2023 2022 2023 2022 (Dollars in thousands) Commodity derivatives $ (3,430) $ (36,688) $ (12,189) $ (51,961) The following table presents the pretax gains (losses) relating to our existing cash flow hedges that were reclassified from accumulated other comprehensive loss into our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2023 and 2022: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain (Loss) 2023 2022 2023 2022 (Dollars in thousands) Commodity derivatives Cost of goods sold $ 2,590 $ (5,482) $ (13,468) $ 12,777

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	May 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC Topic 820, Fair Value Measurement, defines fair value as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction among the market participants on the measurement date. We determine fair values of derivative instruments and certain other assets based on the fair value hierarchy established in ASC Topic 820, which requires an entity to maximize use of observable inputs and minimize use of unobservable inputs when measuring fair value. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances. ASC Topic 820 describes three levels within its hierarchy that may be used to measure fair value. Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active and other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 inputs are unobservable inputs that are supported by little or no market activity for the assets or liabilities. Categorization within the valuation hierarchy is based on the lowest level of input significant to the fair value measurement. Recurring fair value measurements as of May 31, 2023, and August 31, 2022, are as follows: May 31, 2023 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 2,118 $ 446,098 $ — $ 448,216 Foreign exchange derivatives — 39,623 — 39,623 Segregated investments and marketable securities 221,295 — — 221,295 Other assets 49,066 — — 49,066 Total $ 272,479 $ 485,721 $ — $ 758,200 Liabilities Commodity derivatives $ 8,372 $ 346,157 $ — $ 354,529 Foreign exchange derivatives — 13,261 — 13,261 Total $ 8,372 $ 359,418 $ — $ 367,790 August 31, 2022 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 1,161 $ 490,160 $ — $ 491,321 Foreign exchange derivatives — 52,923 — 52,923 Segregated investments and marketable securities 238,124 — — 238,124 Other assets 58,280 — — 58,280 Total $ 297,565 $ 543,083 $ — $ 840,648 Liabilities Commodity derivatives $ 10,256 $ 379,883 $ — $ 390,139 Foreign exchange derivatives — 12,649 — 12,649 Total $ 10,256 $ 392,532 $ — $ 402,788 Commodity and foreign exchange derivatives . Exchange-traded futures and options contracts are valued based on unadjusted quoted prices in active markets and are classified within Level 1. Our forward commodity purchase and sales contracts with fixed-price components, select ocean freight contracts and other OTC derivatives are determined using inputs that are generally based on exchange traded prices and/or recent market bids and offers, including location-specific adjustments, and are classified within Level 2. Location-specific inputs are driven by local market supply and demand and are generally based on broker or dealer quotations or market transactions in either listed or OTC markets. Changes in the fair values of these contracts are recognized in our Condensed Consolidated Statements of Operations as a component of cost of goods sold. Segregated investments and marketable securities and other assets. Our segregated investments and marketable securities and other assets are comprised primarily of investments in various government agencies, U.S. Treasury securities, money market funds and rabbi trust assets, which are valued using quoted market prices and classified within Level 1.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	May 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]	Commitments and Contingencies Environmental We are required to comply with various environmental laws and regulations incidental to our normal business operations. To meet our compliance requirements, we establish reserves for future costs of remediation associated with identified issues that are both probable and can be reasonably estimated. Estimates of environmental costs are based on current available facts, existing technology, undiscounted site-specific costs and currently enacted laws and regulations and are included in cost of goods sold and marketing, general and administrative expenses in our Condensed Consolidated Statements of Operations. Recoveries, if any, are recorded in the period in which recovery is received. Liabilities are monitored and adjusted as new facts or changes in law or technology occur. The resolution of any such matters may affect consolidated net income for any fiscal period; however, we currently believe any resulting liabilities, individually or in aggregate, will not have a material effect on our consolidated financial position, results of operations or cash flows during any fiscal year. Other Litigation and Claims We are involved as a defendant in various lawsuits, claims and disputes, which are in the normal course of our business. The resolution of any such matters may affect consolidated net income for any fiscal period; however, we currently believe any resulting liabilities, individually or in aggregate, will not have a material effect on our consolidated financial position, results of operations or cash flows during any fiscal year. Guarantees We are a guarantor for lines of credit and performance obligations of related, nonconsolidated companies. Our bank covenants allow maximum guarantees of $1.1 billion, of which $74.3 million were outstanding on May 31, 2023. We have collateral for a portion of these contingent obligations. We have not recorded a liability related to the contingent obligations as we do not expect to pay out any cash related to them, and the fair values are considered immaterial. The underlying loans to the counterparties for which we provide these guarantees were current as of May 31, 2023.

Other Current Assets and Liabil

Other Current Assets and Liabilities	9 Months Ended
	May 31, 2023
Other current assets and liabilities [Abstract]
Other current assets and liabilities Text block	Other Current Assets and Liabilities Other current assets and liabilities as of May 31, 2023, and August 31, 2022, are as follows: May 31, August 31, Other current assets (Dollars in thousands) Derivative assets (Note 11) $ 483,436 $ 535,698 Margin and related deposits 275,457 390,782 Supplier advance payments 223,419 198,753 Restricted cash 77,608 109,517 Other 209,129 147,954 Total other current assets $ 1,269,049 $ 1,382,704 Other current liabilities Customer margin deposits and credit balances $ 148,658 $ 283,234 Customer advance payments 469,753 525,003 Derivative liabilities (Note 11) 364,291 398,781 Dividends and equity payable 885,659 1,000,000 Total other current liabilities $ 1,868,361 $ 2,207,018

Organization, Basis of Presen_2

Organization, Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	May 31, 2023
Accounting Policies [Abstract]
Basis of Accounting, Policy	Basis of Presentation     These unaudited condensed consolidated financial statements reflect, in the opinion of management, all normal recurring adjustments necessary for a fair statement of our financial position, results of operations and cash flows for the periods presented. The results of operations and cash flows for interim periods are not necessarily indicative of results for a full fiscal year because of the seasonal nature of our businesses, among other things. Our unaudited condensed consolidated financial statements and notes are presented as permitted by the requirements for Quarterly Reports on Form 10-Q and should be read in conjunction with the consolidated financial statements and notes thereto for the year ended August 31, 2022, included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC").
Significant Accounting Policies [Text Block]	Significant Accounting Policies No significant accounting policies were updated or changed since our Annual Report on Form 10-K for the year ended August 31, 2022.
Recent Accounting Pronouncements	Recent Accounting Pronouncements No recent accounting pronouncements are expected to have a material impact on our condensed consolidated financial statements.

Revenues (Tables)

Revenues (Tables)	9 Months Ended
	May 31, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenues	The following table presents revenues recognized under Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"), disaggregated by reportable segment, as well as the amount of revenues recognized under ASC Topic 815, Derivatives and Hedging ("ASC Topic 815"), and other applicable accounting guidance for the three and nine months ended May 31, 2023 and 2022. Other applicable accounting guidance primarily includes revenues recognized under ASC Topic 470, Debt , and ASC Topic 842, Leases , that fall outside the scope of ASC Topic 606. ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Three Months Ended May 31, 2023 (Dollars in thousands) Energy $ 1,980,243 $ 283,844 $ — $ 2,264,087 Ag 3,295,312 6,444,559 4,105 9,743,976 Corporate and Other 6,388 — 11,600 17,988 Total revenues $ 5,281,943 $ 6,728,403 $ 15,705 $ 12,026,051 Three Months Ended May 31, 2022 Energy $ 2,529,311 $ 246,631 $ — $ 2,775,942 Ag 3,460,390 6,883,785 8,194 10,352,369 Corporate and Other 4,205 — 5,208 9,413 Total revenues $ 5,993,906 $ 7,130,416 $ 13,402 $ 13,137,724 ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Nine Months Ended May 31, 2023 (Dollars in thousands) Energy $ 6,775,463 $ 776,831 $ — $ 7,552,294 Ag 7,757,867 20,724,153 15,670 28,497,690 Corporate and Other 18,874 — 29,880 48,754 Total revenues $ 14,552,204 $ 21,500,984 $ 45,550 $ 36,098,738 Nine Months Ended May 31, 2022 Energy $ 6,426,092 $ 681,836 $ — $ 7,107,928 Ag 8,056,676 19,139,417 21,466 27,217,559 Corporate and Other 11,785 — 13,797 25,582 Total revenues $ 14,494,553 $ 19,821,253 $ 35,263 $ 34,351,069

Receivables (Tables)

Receivables (Tables)	9 Months Ended
	May 31, 2023
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	May 31, August 31, (Dollars in thousands) Trade accounts receivable $ 2,842,749 $ 2,626,623 CHS Capital short-term notes receivable 724,334 644,875 Other 376,571 404,734 Gross receivables 3,943,654 3,676,232 Less: allowances and reserves 104,557 127,917 Total receivables $ 3,839,097 $ 3,548,315

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	May 31, 2023
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	May 31, August 31, (Dollars in thousands) Grain and oilseed $ 1,011,947 $ 1,133,531 Energy 673,584 824,114 Agronomy 1,096,250 1,295,548 Processed grain and oilseed 292,254 292,992 Other 206,787 106,686 Total inventories $ 3,280,822 $ 3,652,871

Investments (Tables)

Investments (Tables)	9 Months Ended
	May 31, 2023
Investments [Abstract]
Investment Holdings, Schedule of Investments [Table Text Block]	May 31, August 31, (Dollars in thousands) Equity method investments: CF Industries Nitrogen, LLC $ 2,717,704 $ 2,641,604 Ventura Foods, LLC 459,906 410,093 Ardent Mills, LLC 258,539 250,857 TEMCO, LLC 47,377 32,809 Other equity method investments 286,810 265,913 Other investments 135,398 126,730 Total investments $ 3,905,734 $ 3,728,006
Equity Method Investments [Table Text Block]	The following table provides summarized unaudited financial information for our equity method investment in CF Nitrogen for the nine months ended May 31, 2023 and 2022: Nine Months Ended May 31, 2023 2022 (Dollars in thousands) Net sales $ 4,200,120 $ 4,972,383 Gross profit 1,898,265 2,682,653 Net earnings 1,884,666 2,641,425 Earnings attributable to CHS Inc. 330,855 497,289

Debt (Tables)

Debt (Tables) - USD ($) $ in Thousands	9 Months Ended
	May 31, 2023	Jan. 24, 2023	Aug. 31, 2022
Debt Instrument [Line Items]
Long-term Debt	$ 1,814,854		$ 1,668,209
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]
Finance Lease, Liability	$ 43,476		44,773
Debt Issuance Costs, Net	(3,259)		(3,535)
Other Long-Term Debt	3,039		6,576
Long-term Debt and Lease Obligation, Including Current Maturities	1,952,256		1,958,814
Current portion of long-term debt	$ 137,402		290,605
Schedule of Short-term Debt	May 31, August 31, (Dollars in thousands) Notes payable $ 504,376 $ 459,398 CHS Capital notes payable 101,579 147,321 Total notes payable $ 605,955 $ 606,719
Schedule of Long-term Debt Instruments	The following table presents summarized long-term debt (including the current portion) as of May 31, 2023, and August 31, 2022: May 31, August 31, (Dollars in thousands) Private placement debt $ 1,543,000 $ 1,545,000 Term loan 366,000 366,000 Finance lease obligations 43,476 44,773 Deferred financing costs (3,259) (3,535) Other 3,039 6,576 Total long-term debt 1,952,256 1,958,814 Less current portion 137,402 290,605 Long-term portion $ 1,814,854 $ 1,668,209
Private Placement
Debt Instrument [Line Items]
Long-term Debt	$ 1,543,000	$ 150,000	1,545,000
Unsecured Debt | Term loans from cooperatives and other banks, 430K payable in 2025
Debt Instrument [Line Items]
Long-term Debt	$ 366,000		$ 366,000

Equities (Tables)

Equities (Tables)	9 Months Ended
	May 31, 2023
Class of Stock [Line Items]
Schedule of Accumulated Other Comprehensive Income (Loss)	Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of February 28, 2023, net of tax $ (164,089) $ 3,779 $ (96,853) $ (257,163) Other comprehensive income (loss), before tax: Amounts before reclassifications 148 (1,051) (800) (1,703) Amounts reclassified 23 (2,289) — (2,266) Total other comprehensive income (loss), before tax 171 (3,340) (800) (3,969) Tax effect (41) 809 93 861 Other comprehensive income (loss), net of tax 130 (2,531) (707) (3,108) Balance as of May 31, 2023, net of tax $ (163,959) $ 1,248 $ (97,560) $ (260,271) Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of February 28, 2022, net of tax $ (133,036) $ (4,870) $ (83,949) $ (221,855) Other comprehensive income (loss), before tax: Amounts before reclassifications 369 (39,169) 2,497 (36,303) Amounts reclassified 5,560 5,782 — 11,342 Total other comprehensive income (loss), before tax 5,929 (33,387) 2,497 (24,961) Tax effect (1,444) 8,130 54 6,740 Other comprehensive income (loss), net of tax 4,485 (25,257) 2,551 (18,221) Balance as of May 31, 2022, net of tax $ (128,551) $ (30,127) $ (81,398) $ (240,076) Changes in accumulated other comprehensive income (loss) by component for the nine months ended May 31, 2023 and 2022, are as follows: Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of August 31, 2022, net of tax $ (168,640) $ 8,843 $ (95,538) $ (255,335) Other comprehensive income (loss), before tax: Amounts before reclassifications 351 (24,392) (2,288) (26,329) Amounts reclassified 70 14,368 — 14,438 Total other comprehensive income (loss), before tax 421 (10,024) (2,288) (11,891) Tax effect 4,260 2,429 266 6,955 Other comprehensive income (loss), net of tax 4,681 (7,595) (2,022) (4,936) Balance as of May 31, 2023, net of tax $ (163,959) $ 1,248 $ (97,560) $ (260,271) Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of August 31, 2021, net of tax $ (141,385) $ 4,824 $ (79,830) $ (216,391) Other comprehensive income (loss), before tax: Amounts before reclassifications 286 (34,325) (1,679) (35,718) Amounts reclassified 16,680 (11,877) — 4,803 Total other comprehensive income (loss), before tax 16,966 (46,202) (1,679) (30,915) Tax effect (4,132) 11,251 111 7,230 Other comprehensive income (loss), net of tax 12,834 (34,951) (1,568) (23,685) Balance as of May 31, 2022, net of tax $ (128,551) $ (30,127) $ (81,398) $ (240,076)
Schedule of Stockholders Equity	Changes in equities for the nine months ended May 31, 2023 and 2022, are as follows: Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, August 31, 2022 $ 3,587,131 $ 27,933 $ 1,776,172 $ 2,264,038 $ (255,335) $ 2,055,682 $ 5,645 $ 9,461,266 Reversal of prior year patronage and redemption estimates (28,368) — (153,858) — — 1,162,661 — 980,435 Distribution of 2022 patronage refunds 516,246 — 154,484 — — (1,173,668) — (502,938) Redemptions of equities (471,589) (184) (8,662) — — — — (480,435) Preferred stock dividends — — — — — (126,501) — (126,501) Other, net (390) (44) (79) — — 1,401 (614) 274 Net income (loss) — — — — — 1,622,418 (111) 1,622,307 Other comprehensive loss, net of tax — — — — (4,936) — — (4,936) Estimated 2023 cash patronage refunds — — — — — (433,047) — (433,047) Estimated 2023 equity redemptions (433,047) — — — — — — (433,047) Balances, May 31, 2023 $ 3,169,983 $ 27,705 $ 1,768,057 $ 2,264,038 $ (260,271) $ 3,108,946 $ 4,920 $ 10,083,378 Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, August 31, 2021 $ 3,583,911 $ 28,431 $ 1,634,896 $ 2,264,038 $ (216,391) $ 1,713,976 $ 8,465 $ 9,017,326 Reversal of prior year patronage and redemption estimates 99,216 — (230,290) — — 280,290 — 149,216 Distribution of 2021 patronage refunds — — 235,576 — — (286,602) — (51,026) Redemptions of equities (92,668) (428) (6,133) — — — — (99,229) Preferred stock dividends — — — — — (126,501) — (126,501) Other, net (3,256) 16 (6,873) — — 2,548 (1,735) (9,300) Net income (loss) — — — — — 1,247,535 (451) 1,247,084 Other comprehensive loss, net of tax — — — — (23,685) — — (23,685) Estimated 2022 cash patronage refunds — — — — — (120,902) — (120,902) Estimated 2022 equity redemptions (241,805) — — — — — — (241,805) Balances, May 31, 2022 $ 3,345,398 $ 28,019 $ 1,627,176 $ 2,264,038 $ (240,076) $ 2,710,344 $ 6,279 $ 9,741,178
Preferred Stock [Text Block]	Preferred Stock Dividends The following is a summary of dividends declared per share by series of preferred stock for the nine months ended May 31, 2023. Due to the timing of dividend declarations throughout the fiscal year, no declarations were made during the three months ended May 31, 2023 or 2022. Nine Months Ended May 31, Nasdaq symbol 2023 2022 Series of preferred stock: (Dollars per share) 8% Cumulative Redeemable CHSCP $ 1.50 $ 1.50 Class B Cumulative Redeemable, Series 1 CHSCO $ 1.48 $ 1.48 Class B Reset Rate Cumulative Redeemable, Series 2 CHSCN $ 1.33 $ 1.33 Class B Reset Rate Cumulative Redeemable, Series 3 CHSCM $ 1.27 $ 1.27 Class B Cumulative Redeemable, Series 4 CHSCL $ 1.41 $ 1.41

Benefit Plans Schedule of Net B

Benefit Plans Schedule of Net Benefit Costs (Tables)	9 Months Ended
	May 31, 2023
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs of Assumptions Used	Components of net periodic benefit costs for the three and nine months ended May 31, 2023 and 2022, are as follows: Three Months Ended May 31, Qualified Nonqualified Other Benefits 2023 2022 2023 2022 2023 2022 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 9,645 $ 11,569 $ 460 $ 232 $ 168 $ 249 Interest cost 7,647 4,292 185 70 259 126 Expected return on assets (10,782) (10,990) — — — — Prior service cost (credit) amortization 37 44 (29) (29) (111) (111) Actuarial loss (gain) amortization 468 5,852 61 120 (404) (315) Net periodic benefit cost (benefit) $ 7,015 $ 10,767 $ 677 $ 393 $ (88) $ (51) Nine Months Ended May 31, Qualified Nonqualified Other Benefits 2023 2022 2023 2022 2023 2022 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 28,934 $ 34,706 $ 1,380 $ 695 $ 503 $ 747 Interest cost 22,941 12,875 556 211 776 377 Expected return on assets (32,347) (32,969) — — — — Prior service cost (credit) amortization 112 131 (86) (86) (334) (334) Actuarial loss (gain) amortization 1,404 17,555 184 359 (1,211) (944) Net periodic benefit cost (benefit) $ 21,044 $ 32,298 $ 2,034 $ 1,179 $ (266) $ (154)

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging Activities (Tables)	9 Months Ended
	May 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Reconciliation of gross and net fair values of assets and liabilities subject to offsetting arrangements	May 31, 2023 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative assets Commodity derivatives $ 443,518 $ — $ 6,794 $ 436,724 Foreign exchange derivatives 39,623 — 10,815 28,808 Total $ 483,141 $ — $ 17,609 $ 465,532 Derivative liabilities Commodity derivatives $ 352,978 $ 1,905 $ 14,301 $ 336,772 Foreign exchange derivatives 13,261 — 10,815 2,446 Total $ 366,239 $ 1,905 $ 25,116 $ 339,218 August 31, 2022 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative assets Commodity derivatives $ 464,167 $ — $ 3,834 $ 460,333 Foreign exchange derivatives 52,923 — 8,901 44,022 Total $ 517,090 $ — $ 12,735 $ 504,355 Derivative liabilities Commodity derivatives $ 378,291 $ 1,424 $ 12,574 $ 364,293 Foreign exchange derivatives 12,649 — 8,901 3,748 Total $ 390,940 $ 1,424 $ 21,475 $ 368,041
Derivatives Not Designated as Hedging Instruments	The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2023 and 2022: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain (Loss) 2023 2022 2023 2022 (Dollars in thousands) Commodity derivatives Cost of goods sold $ (59,177) $ (324,965) $ (194,832) $ (905,400) Foreign exchange derivatives Cost of goods sold (21,753) 18,147 (23,792) 58,438 Foreign exchange derivatives Marketing, general and administrative expenses 556 1,097 804 1,600 Other derivatives Other income — 258 — 2,057 Total $ (80,374) $ (305,463) $ (217,820) $ (843,305)
Schedule of Derivative Instruments, Purchase and Sales Contracts	all outstanding commodity contracts: May 31, 2023 August 31, 2022 Long Short Long Short (Units in thousands) Grain and oilseed (bushels) 418,318 559,715 609,300 773,239 Energy products (barrels) 15,119 9,157 10,541 5,706 Processed grain and oilseed (tons) 5,672 11,324 1,191 4,182 Crop nutrients (tons) 76 15 23 22 Ocean freight (metric tons) 60 — 60 — Natural gas (metric million Btu) 940 — 420 —
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table presents the fair value of our commodity derivative instruments designated as cash flow hedges and the locations on our Condensed Consolidated Balance Sheets in which they are recorded: Derivative Assets Derivative Liabilities Balance Sheet Location May 31, August 31, Balance Sheet Location May 31, August 31, (Dollars in thousands) (Dollars in thousands) Other current assets $ 4,698 $ 27,154 Other current liabilities $ 1,551 $ 11,818
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table presents the pretax gains (losses) relating to our existing cash flow hedges that were reclassified from accumulated other comprehensive loss into our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2023 and 2022: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain (Loss) 2023 2022 2023 2022 (Dollars in thousands) Commodity derivatives Cost of goods sold $ 2,590 $ (5,482) $ (13,468) $ 12,777
Cash flow hedge gain (loss) recorded in other comprehensive income	The following table presents the pretax losses recorded in other comprehensive income relating to cash flow hedges for the three and nine months ended May 31, 2023 and 2022: Three Months Ended May 31, Nine Months Ended May 31, 2023 2022 2023 2022 (Dollars in thousands) Commodity derivatives $ (3,430) $ (36,688) $ (12,189) $ (51,961)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	May 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring	May 31, 2023 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 2,118 $ 446,098 $ — $ 448,216 Foreign exchange derivatives — 39,623 — 39,623 Segregated investments and marketable securities 221,295 — — 221,295 Other assets 49,066 — — 49,066 Total $ 272,479 $ 485,721 $ — $ 758,200 Liabilities Commodity derivatives $ 8,372 $ 346,157 $ — $ 354,529 Foreign exchange derivatives — 13,261 — 13,261 Total $ 8,372 $ 359,418 $ — $ 367,790 August 31, 2022 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 1,161 $ 490,160 $ — $ 491,321 Foreign exchange derivatives — 52,923 — 52,923 Segregated investments and marketable securities 238,124 — — 238,124 Other assets 58,280 — — 58,280 Total $ 297,565 $ 543,083 $ — $ 840,648 Liabilities Commodity derivatives $ 10,256 $ 379,883 $ — $ 390,139 Foreign exchange derivatives — 12,649 — 12,649 Total $ 10,256 $ 392,532 $ — $ 402,788

Other Liabilities (Tables)

Other Liabilities (Tables)	9 Months Ended
	May 31, 2023
Other current assets and liabilities [Abstract]
Other current assets and liabilities Table Text block [Table]	Other current assets and liabilities as of May 31, 2023, and August 31, 2022, are as follows: May 31, August 31, Other current assets (Dollars in thousands) Derivative assets (Note 11) $ 483,436 $ 535,698 Margin and related deposits 275,457 390,782 Supplier advance payments 223,419 198,753 Restricted cash 77,608 109,517 Other 209,129 147,954 Total other current assets $ 1,269,049 $ 1,382,704 Other current liabilities Customer margin deposits and credit balances $ 148,658 $ 283,234 Customer advance payments 469,753 525,003 Derivative liabilities (Note 11) 364,291 398,781 Dividends and equity payable 885,659 1,000,000 Total other current liabilities $ 1,868,361 $ 2,207,018

Revenues - Narrative (Details)

Revenues - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022	Aug. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 93.1	$ 48.1	$ 285.3	$ 213.9
Contract liabilities	318		318		$ 541.5
Commodity Contract Asset, Current	$ 51.7		$ 51.7		$ 17.2

Revenues - Disaggregation of Re

Revenues - Disaggregation of Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Disaggregation of Revenue [Line Items]
Revenues	$ 12,026,051	$ 13,137,724	$ 36,098,738	$ 34,351,069
Energy
Disaggregation of Revenue [Line Items]
Revenues	2,264,087	2,775,942	7,552,294	7,107,928
Ag
Disaggregation of Revenue [Line Items]
Revenues	9,743,976	10,352,369	28,497,690	27,217,559
Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	17,988	9,413	48,754	25,582
ASC Topic 606
Disaggregation of Revenue [Line Items]
Revenues	5,281,943	5,993,906	14,552,204	14,494,553
ASC Topic 606 | Energy
Disaggregation of Revenue [Line Items]
Revenues	1,980,243	2,529,311	6,775,463	6,426,092
ASC Topic 606 | Ag
Disaggregation of Revenue [Line Items]
Revenues	3,295,312	3,460,390	7,757,867	8,056,676
ASC Topic 606 | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	6,388	4,205	18,874	11,785
ASC Topic 815
Disaggregation of Revenue [Line Items]
Revenues	6,728,403	7,130,416	21,500,984	19,821,253
ASC Topic 815 | Energy
Disaggregation of Revenue [Line Items]
Revenues	283,844	246,631	776,831	681,836
ASC Topic 815 | Ag
Disaggregation of Revenue [Line Items]
Revenues	6,444,559	6,883,785	20,724,153	19,139,417
ASC Topic 815 | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Other Guidance
Disaggregation of Revenue [Line Items]
Revenues	15,705	13,402	45,550	35,263
Other Guidance | Energy
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Other Guidance | Ag
Disaggregation of Revenue [Line Items]
Revenues	4,105	8,194	15,670	21,466
Other Guidance | Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	$ 11,600	$ 5,208	$ 29,880	$ 13,797

Receivables - Schedule of Recei

Receivables - Schedule of Receivables (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Receivables [Abstract]
Trade accounts receivable	$ 2,842,749	$ 2,626,623
CHS Capital short-term notes receivable	724,334	644,875
Other	376,571	404,734
Receivables, gross	3,943,654	3,676,232
Less: allowances and reserves	104,557	127,917
Total receivables	$ 3,839,097	$ 3,548,315

Receivables - Narrative (Detail

Receivables - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	May 31, 2023	Aug. 31, 2022
Notes Receivable, Long-Term
CHS Capital long-term notes receivable additional available credit of counterparty	$ 1,200
CHS Capital Notes Receivable [Member]
Notes Receivable, Long-Term
CHS Capital long-term notes receivable, non-current, term	10 years
CHS Capital long-term notes receivable	$ 65.6	$ 54.3
Commercial Notes to Notes and Loans Receivable, Net, Percentage	33%	25%
Producer Notes to Notes and Loans Receivable, Net, Percentage	67%	75%

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Inventory Disclosure [Abstract]
Grain and oilseed	$ 1,011,947	$ 1,133,531
Energy	673,584	824,114
Agronomy	1,096,250	1,295,548
Processed grain and oilseed	292,254	292,992
Other	206,787	106,686
Total inventories	$ 3,280,822	$ 3,652,871

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Millions	May 31, 2023	Aug. 31, 2022
Inventory Disclosure [Abstract]
LIFO inventory, difference amount had FIFO inventory valuation method been used	$ 477.8	$ 678.3
Percentage of LIFO inventory	17%	14%
Inventory [Line Items]
Percentage of LIFO inventory	17%	14%

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022	Aug. 31, 2022
Schedule of Equity Method Investments [Line Items]
Equity income from investments	$ (162,940)	$ (263,079)	$ (523,236)	$ (644,347)
Investments	3,905,734		3,905,734		$ 3,728,006
Cumulative undistributed earnings from equity medthod investees	$ 756,700		$ 756,700
CF Nitrogen LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	8%		8%
Equity Method Investments	$ 2,717,704		$ 2,717,704		2,641,604
Ventura Foods, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%		50%
Equity Method Investments	$ 459,906		$ 459,906		410,093
TEMCO, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%		50%
Equity Method Investments	$ 47,377		$ 47,377		32,809
Ardent Mills LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	12%		12%
Equity Method Investments	$ 258,539		$ 258,539		$ 250,857
Nitrogen Production [Member]
Schedule of Equity Method Investments [Line Items]
Equity income from investments	(88,275)	(204,697)	(330,855)	(497,289)
Corporate and Other
Schedule of Equity Method Investments [Line Items]
Equity income from investments	(66,087)	(32,229)	(147,327)	(80,214)
Ag
Schedule of Equity Method Investments [Line Items]
Equity income from investments	$ (9,858)	$ (25,231)	$ (48,392)	$ (63,240)

Investments Equity Method inves

Investments Equity Method investments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022	Aug. 31, 2022
Schedule of Equity Method Investments [Line Items]
Other Investments	$ 135,398		$ 135,398		$ 126,730
Net income (loss) attributable to CHS Inc.	547,499	$ 576,574	1,622,418	$ 1,247,535
Gross Profit	674,340	644,257	1,937,742	1,433,163
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	547,343	$ 576,245	1,622,307	1,247,084
CF Nitrogen LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	2,717,704		2,717,704		2,641,604
Ventura Foods, LLC
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	459,906		459,906		410,093
Ardent Mills LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	258,539		258,539		250,857
TEMCO, LLC
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	47,377		47,377		32,809
Other Equity Method Investments [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 286,810		286,810		$ 265,913
CF Nitrogen LLC [Member]
Schedule of Equity Method Investments [Line Items]
Net income (loss) attributable to CHS Inc.			330,855	497,289
Revenues			4,200,120	4,972,383
Gross Profit			1,898,265	2,682,653
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest			$ 1,884,666	$ 2,641,425

Notes Payable and Long-Term Deb

Notes Payable and Long-Term Debt - Schedule of Notes Payable and Long-Term Debt (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Debt Instrument [Line Items]
Notes payable	$ 605,955	$ 606,719
Notes payable [Member]
Debt Instrument [Line Items]
Notes payable	504,376	459,398
CHS Capital notes payable
Debt Instrument [Line Items]
Notes payable	$ 101,579	$ 147,321

Notes Payable and Long-Term D_2

Notes Payable and Long-Term Debt - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022	Jul. 11, 2023	Jan. 24, 2023	Aug. 31, 2022
Debt Instrument [Line Items]
Interest expense	$ 36,949	$ 32,099	$ 106,166	$ 80,705
Capitalized interest	4,100	900	9,800	4,700
Interest Expense	36,949	$ 32,099	106,166	$ 80,705
Principal Amount Outstanding of Loans Held-in-portfolio	1,000,000		1,000,000
Long-term Debt	1,814,854		1,814,854				$ 1,668,209
Debt, Weighted Average Interest Rate						5.68%
Subsequent Event
Debt Instrument [Line Items]
RepurchaseFacility					$ 200,000
Five-Year Revolving Facilities | Line of Credit | Revolving credit facility
Debt Instrument [Line Items]
Current borrowing capacity	2,800,000		2,800,000
Outstanding balance	0		0				0
Repurchase Facility | Subordinated Debt
Debt Instrument [Line Items]
Outstanding balance	0		0				0
Maximum borrowing capacity	150,000		150,000
Term loans from cooperatives and other banks, 430K payable in 2025 | Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt	366,000		366,000				366,000
committed
Debt Instrument [Line Items]
maximum availability under securitization	850,000		850,000
uncommitted
Debt Instrument [Line Items]
maximum availability under securitization	250,000		250,000
loan amount utilized
Debt Instrument [Line Items]
Principal Amount Outstanding of Loans Held-in-portfolio	0		0
Private Placement
Debt Instrument [Line Items]
Long-term Debt	$ 1,543,000		$ 1,543,000			$ 150,000	$ 1,545,000

Equities Changes in Equity (Det

Equities Changes in Equity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	$ 9,829,319	$ 9,368,444	$ 9,461,266	$ 9,017,326
Reversal of prior year patronage and redemption estimates	582,050	101,901	980,435	149,216
patronage refund	(121,048)	(20,983)	(502,938)	(51,026)
Equity Certificates Repurchased and Retired During Period, Value	(462,689)	(81,744)	(480,435)	(99,229)
Dividends, Preferred Stock, Cash			(126,501)	(126,501)
Stockholders' Equity, Other	(279)	(8,228)	274	(9,300)
Net income (loss)	547,343	576,245	1,622,307	1,247,084
Net income (loss) attributable to CHS Inc.	547,499	576,574	1,622,418	1,247,535
Net loss attributable to noncontrolling interests	(156)	(329)	(111)	(451)
Other Comprehensive Income (Loss), Net of Tax	(3,108)	(18,221)	(4,936)	(23,685)
Patronage Refunds, Estimated	(144,105)	(58,745)	(433,047)	(120,902)
Equity Redemptions, Estimate	(144,105)	(117,491)	(433,047)	(241,805)
Ending Balance	10,083,378	9,741,178	10,083,378	9,741,178
Capital equity certificates [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	3,307,140	3,462,002	3,587,131	3,583,911
Reversal of prior year patronage and redemption estimates	462,690	81,731	(28,368)	99,216
patronage refund	2,615		516,246
Equity Certificates Repurchased and Retired During Period, Value	(457,679)	(78,616)	(471,589)	(92,668)
Stockholders' Equity, Other	(678)	(2,228)	(390)	(3,256)
Equity Redemptions, Estimate	(144,105)	(117,491)	(433,047)	(241,805)
Ending Balance	3,169,983	3,345,398	3,169,983	3,345,398
Nonpatronage Equity Certificates [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	27,861	28,110	27,933	28,431
Reversal of prior year patronage and redemption estimates	0	0	0	0
Equity Certificates Repurchased and Retired During Period, Value	(112)	(90)	(184)	(428)
Stockholders' Equity, Other	(44)	(1)	(44)	16
Ending Balance	27,705	28,019	27,705	28,019
Non-qualified Equity Certificates [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	1,771,844	1,632,818	1,776,172	1,634,896
Reversal of prior year patronage and redemption estimates	0	0	(153,858)	(230,290)
patronage refund	1,226	4,205	154,484	235,576
Equity Certificates Repurchased and Retired During Period, Value	(4,898)	(3,038)	(8,662)	(6,133)
Stockholders' Equity, Other	(115)	(6,809)	(79)	(6,873)
Ending Balance	1,768,057	1,627,176	1,768,057	1,627,176
Preferred Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	2,264,038	2,264,038	2,264,038	2,264,038
Equity Certificates Repurchased and Retired During Period, Value	0	0	0	0
Ending Balance	2,264,038	2,264,038	2,264,038	2,264,038
Accumulated Other Comprehensive Income (Loss) [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	(257,163)	(221,855)	(255,335)	(216,391)
Other Comprehensive Income (Loss), Net of Tax	(3,108)	(18,221)	(4,936)	(23,685)
Ending Balance	(260,271)	(240,076)	(260,271)	(240,076)
Capital Reserves [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	2,710,507	2,196,428	2,055,682	1,713,976
Reversal of prior year patronage and redemption estimates	119,360	20,170	1,162,661	280,290
patronage refund	(124,889)	(25,188)	(1,173,668)	(286,602)
Dividends, Preferred Stock, Cash			(126,501)	(126,501)
Stockholders' Equity, Other	574	1,105	1,401	2,548
Net income (loss) attributable to CHS Inc.	547,499	576,574	1,622,418	1,247,535
Patronage Refunds, Estimated	(144,105)	(58,745)	(433,047)	(120,902)
Ending Balance	3,108,946	2,710,344	3,108,946	2,710,344
Noncontrolling Interest [Member]
Schedule of Capitalization, Equity [Line Items]
Beginning Balance	5,092	6,903	5,645	8,465
Stockholders' Equity, Other	(16)	(295)	(614)	(1,735)
Net loss attributable to noncontrolling interests	(156)	(329)	(111)	(451)
Ending Balance	$ 4,920	$ 6,279	$ 4,920	$ 6,279

Equities Accumulated Other Comp

Equities Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 9,829,319	$ 9,368,444	$ 9,461,266	$ 9,017,326
Other Comprehensive Income (Loss), Net of Tax	(3,108)	(18,221)	(4,936)	(23,685)
Ending Balance	10,083,378	9,741,178	10,083,378	9,741,178
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(164,089)	(133,036)	(168,640)	(141,385)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	148	369	351	286
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	23	5,560	70	16,680
Other Comprehensive Income (Loss), before Tax	171	5,929	421	16,966
Other Comprehensive Income (Loss), Tax	(41)	(1,444)	4,260	(4,132)
Other Comprehensive Income (Loss), Net of Tax	130	4,485	4,681	12,834
Ending Balance	(163,959)	(128,551)	(163,959)	(128,551)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	3,779	(4,870)	8,843	4,824
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(1,051)	(39,169)	(24,392)	(34,325)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	(2,289)	5,782	14,368	(11,877)
Other Comprehensive Income (Loss), before Tax	(3,340)	(33,387)	(10,024)	(46,202)
Other Comprehensive Income (Loss), Tax	809	8,130	2,429	11,251
Other Comprehensive Income (Loss), Net of Tax	(2,531)	(25,257)	(7,595)	(34,951)
Ending Balance	1,248	(30,127)	1,248	(30,127)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(96,853)	(83,949)	(95,538)	(79,830)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(800)	2,497	(2,288)	(1,679)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	0	0	0	0
Other Comprehensive Income (Loss), before Tax	(800)	2,497	(2,288)	(1,679)
Other Comprehensive Income (Loss), Tax	93	54	266	111
Other Comprehensive Income (Loss), Net of Tax	(707)	2,551	(2,022)	(1,568)
Ending Balance	(97,560)	(81,398)	(97,560)	(81,398)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(257,163)	(221,855)	(255,335)	(216,391)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(1,703)	(36,303)	(26,329)	(35,718)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	(2,266)	11,342	14,438	4,803
Other Comprehensive Income (Loss), before Tax	(3,969)	(24,961)	(11,891)	(30,915)
Other Comprehensive Income (Loss), Tax	861	6,740	6,955	7,230
Other Comprehensive Income (Loss), Net of Tax	(3,108)	(18,221)	(4,936)	(23,685)
Ending Balance	$ (260,271)	$ (240,076)	$ (260,271)	$ (240,076)

Equities Dividends Per Share (D

Equities Dividends Per Share (Details) - $ / shares	9 Months Ended
	May 31, 2023	May 31, 2022
8% Cumulative Redeemable [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	$ 1.50	$ 1.50
Class B, Series 1 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	1.48	1.48
Class B, Series 2 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	1.33	1.33
Class B, Series 3 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	1.27	1.27
Class B, Series 4 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	$ 1.41	$ 1.41

Benefit Plans - Net Periodic Be

Benefit Plans - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Qualified Pension Benefits
Component of net periodic benefit costs: [Abstract]
Service cost	$ 9,645	$ 11,569	$ 28,934	$ 34,706
Interest cost	7,647	4,292	22,941	12,875
Expected return on assets	(10,782)	(10,990)	(32,347)	(32,969)
Prior service cost (credit) amortization	37	44	112	131
Actuarial loss (gain) amortization	468	5,852	1,404	17,555
Net periodic benefit cost (benefit)	7,015	10,767	21,044	32,298
Non-Qualified Pension Benefits
Component of net periodic benefit costs: [Abstract]
Service cost	460	232	1,380	695
Interest cost	185	70	556	211
Expected return on assets	0	0	0	0
Prior service cost (credit) amortization	(29)	(29)	(86)	(86)
Actuarial loss (gain) amortization	61	120	184	359
Net periodic benefit cost (benefit)	677	393	2,034	1,179
Other Benefits
Component of net periodic benefit costs: [Abstract]
Service cost	168	249	503	747
Interest cost	259	126	776	377
Expected return on assets	0	0	0	0
Prior service cost (credit) amortization	(111)	(111)	(334)	(334)
Actuarial loss (gain) amortization	(404)	(315)	(1,211)	(944)
Net periodic benefit cost (benefit)	$ (88)	$ (51)	$ (266)	$ (154)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022	Aug. 31, 2022
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	1.90%	9.80%	3.90%	6.70%
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 115.7		$ 115.7		$ 115.1

Segment Reporting - Segment Inf

Segment Reporting - Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022	Aug. 31, 2022
Segment Reporting Information [Line Items]
Revenues	$ 12,026,051	$ 13,137,724	$ 36,098,738	$ 34,351,069
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	12,026,051	13,137,724	36,098,738	34,351,069
Operating earnings (loss)	401,102	401,121	1,187,913	740,768
Interest Expense	36,949	32,099	106,166	80,705
Other income	(31,027)	(6,636)	(83,629)	(31,817)
Equity income from investments	(162,940)	(263,079)	(523,236)	(644,347)
Income before income taxes	558,120	638,737	1,688,612	1,336,227
Total assets	$ 19,194,451		$ 19,194,451		$ 18,824,807
CF Nitrogen LLC [Member]
Segment Reporting Information [Line Items]
Ownership percentage	8%		8%
TEMCO, LLC
Segment Reporting Information [Line Items]
Ownership percentage	50%		50%
Ventura Foods, LLC
Segment Reporting Information [Line Items]
Ownership percentage	50%		50%
Ardent Mills LLC [Member]
Segment Reporting Information [Line Items]
Ownership percentage	12%		12%
Energy
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	$ 2,433,108	2,943,305	$ 8,084,834	7,574,881
Revenues	2,264,087	2,775,942	7,552,294	7,107,928
Intersegment Revenue	(169,021)	(167,363)	(532,540)	(466,953)
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	2,264,087	2,775,942	7,552,294	7,107,928
Operating earnings (loss)	198,015	164,016	857,018	243,009
Interest Income, Operating	2,662		7,203	4,568
Interest Expense		2,182
Other income	(4,922)	(485)	(13,934)	(1,217)
Equity income from investments	1,280	(922)	3,338	(3,604)
Income before income taxes	198,995	163,241	860,411	243,262
Total assets	4,435,618		4,435,618
Ag
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	9,752,861	10,359,992	28,520,946	27,239,897
Revenues	9,743,976	10,352,369	28,497,690	27,217,559
Intersegment Revenue	(8,885)	(7,623)	(23,256)	(22,338)
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	9,743,976	10,352,369	28,497,690	27,217,559
Operating earnings (loss)	219,333	256,817	383,946	560,200
Interest Expense	20,677	18,581	57,678	45,466
Other income	(25,001)	(10,221)	(64,588)	(37,320)
Equity income from investments	(9,858)	(25,231)	(48,392)	(63,240)
Income before income taxes	233,515	273,688	439,248	615,294
Total assets	7,938,831		7,938,831
Nitrogen Production [Member]
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	0	0	0	0
Intersegment Revenue	0	0	0	0
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	0	0	0	0
Operating earnings (loss)	(17,393)	(14,480)	(51,762)	(35,525)
Interest Expense	14,619	12,263	44,224	34,770
Other income	0	(258)	0	(2,058)
Equity income from investments	(88,275)	(204,697)	(330,855)	(497,289)
Income before income taxes	56,263	178,212	234,869	429,052
Total assets	2,717,704		2,717,704
Corporate and Other
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	21,996	11,215	58,574	32,060
Revenues	17,988	9,413	48,754	25,582
Intersegment Revenue	(4,008)	(1,802)	(9,820)	(6,478)
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	17,988	9,413	48,754	25,582
Operating earnings (loss)	1,147	(5,232)	(1,289)	(26,916)
Interest Expense	8,410	(257)	19,740	(3,073)
Other income	(10,523)	3,658	(27,786)	7,752
Equity income from investments	(66,087)	(32,229)	(147,327)	(80,214)
Income before income taxes	69,347	23,596	154,084	48,619
Total assets	4,102,298		4,102,298
Other Segments
Segment Reporting Information [Line Items]
Revenues	(181,914)	(176,788)	(565,616)	(495,769)
Intersegment Revenue	181,914	176,788	565,616	495,769
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	0	0	0	0
Operating earnings (loss)	0	0	0	0
Interest Expense	(9,419)	(670)	(22,679)	(1,026)
Other income	9,419	670	22,679	1,026
Equity income from investments	0	0	0	0
Income before income taxes	0	$ 0	0	$ 0
Total assets	$ 0		$ 0

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging Activities - Gross Fair Values of Derivative Assets, Derivative Liabilities, and Margin Deposits (Cash Collateral) (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 483,141	$ 517,090
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	465,532	504,355
Derivative Liability, Fair Value, Gross Liability	366,239	390,940
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	339,218	368,041
Not Designated as Hedging Instrument | Commodity derivatives
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	443,518	464,167
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	436,724	460,333
Derivative Liability, Fair Value, Gross Liability	352,978	378,291
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	336,772	364,293
Not Designated as Hedging Instrument | Foreign exchange derivatives
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	39,623	52,923
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	28,808	44,022
Derivative Liability, Fair Value, Gross Liability	13,261	12,649
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$ 2,446	$ 3,748

Derivative Financial Instrume_4

Derivative Financial Instruments and Hedging Activities - Purchase and Sale Contracts (Details) - Not Designated as Hedging Instrument t in Thousands, T in Thousands, MMBtu in Thousands, Bushels in Thousands, Barrels in Thousands	May 31, 2023 T MMBtu t Barrels Bushels	Aug. 31, 2022 Bushels MMBtu Barrels T t
Grain and oilseed (bushels) | Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | Bushels	418,318	609,300
Grain and oilseed (bushels) | Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | Bushels	559,715	773,239
Energy products (barrels) | Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | Barrels	15,119	10,541
Energy products (barrels) | Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | Barrels	9,157	5,706
Processed grain and oilseed (tons) | Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	5,672	1,191
Processed grain and oilseed (tons) | Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	11,324	4,182
Crop nutrients (tons) | Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	76	23
Crop nutrients (tons) | Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	15	22
Ocean Freight Contracts [Member] | Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | t	60	60
Ocean Freight Contracts [Member] | Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | t	0	0
Natural gas (metric million Btu) | Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | MMBtu	940	420
Natural gas (metric million Btu) | Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount | MMBtu	0	0

Derivative Financial Instrume_5

Derivative Financial Instruments and Hedging Activities - Derivatives (Details) $ in Thousands, bbl in Millions	9 Months Ended	12 Months Ended
	May 31, 2023 USD ($) bbl	Aug. 31, 2022 USD ($) bbl
Derivative [Line Items]
Derivative Liability, Noncurrent	$ 3,500	$ 4,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	465,532	504,355
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet	17,609	12,735
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	339,218	368,041
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	1,905	1,424
Derivative Liability, Fair Value, Gross Amount Not Offset on Balance Sheet	25,116	21,475
Derivative Asset, Noncurrent, Excluding Fair Value Hedges	4,400	8,500
Foreign exchange derivatives | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	28,808	44,022
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet	10,815	8,901
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	2,446	3,748
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	0	0
Derivative Liability, Fair Value, Gross Amount Not Offset on Balance Sheet	10,815	8,901
Derivative, Notional Amount	1,900,000	1,900,000
Commodity derivatives | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	436,724	460,333
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet	6,794	3,834
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	336,772	364,293
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	1,905	1,424
Derivative Liability, Fair Value, Gross Amount Not Offset on Balance Sheet	$ 14,301	$ 12,574
Cash Flow Hedging
Derivative [Line Items]
Aggregate notional amount of cash flow hedges (in barrels) | bbl	1.1	3.8

Derivative Financial Instrume_6

Derivative Financial Instruments and Hedging Activities - Pretax Gains (Losses) On Derivatives Not Accounted For As Hedging Instruments (Details) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (80,374)	$ (305,463)	$ (217,820)	$ (843,305)
Commodity derivatives | Cost of goods sold
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(59,177)	(324,965)	(194,832)	(905,400)
Foreign exchange derivatives | Cost of goods sold
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(21,753)	18,147	(23,792)	58,438
Foreign exchange derivatives | Selling, General and Administrative Expenses [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	556	1,097	804	1,600
Embedded Derivative Financial Instruments [Member] | Other Income [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 0	$ 258	$ 0	$ 2,057

Derivative Financial Instrume_7

Derivative Financial Instruments and Hedging Activities - Schedule of Derivative Instruments in Statement of Financial Position, Fair Value (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Derivative [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 366,239	$ 390,940

Derivative Financial Instrume_8

Derivative Financial Instruments and Hedging Activities - Schedule of Derivative Instruments, Effect on Earnings (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 483,141	$ 517,090

Derivative Financial Instrume_9

Derivative Financial Instruments and Hedging Activities - Fair Value of Commodity Derivative Instruments (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 366,239	$ 390,940
Derivative Asset, Fair Value, Gross Asset	483,141	517,090
Cash Flow Hedging | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	1,551	11,818
Derivative Asset, Fair Value, Gross Asset	$ 4,698	$ 27,154

Derivative Financial Instrum_10

Derivative Financial Instruments and Hedging Activities - Commodity Derivatives (Details) - Commodity derivatives - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2023	May 31, 2022	May 31, 2023	May 31, 2022
Cost of goods sold
Derivative [Line Items]
Pretax gains (losses) reclassified from AOCI related to cash flow hedges	$ 2,590	$ (5,482)	$ (13,468)	$ 12,777
Cash Flow Hedging
Derivative [Line Items]
Pretax gains (losses) recorded in OCI related to cash flow hedges	$ (3,430)	$ (36,688)	$ (12,189)	$ (51,961)

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Measurements (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Segregated under Other Regulations	$ 221,295	$ 238,124
Other assets	49,066	58,280
Total assets	758,200	840,648
Foreign exchange derivatives		12,649
Total liabilities	367,790	402,788
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Segregated under Other Regulations	221,295	238,124
Other assets	49,066	58,280
Total assets	272,479	297,565
Foreign exchange derivatives		0
Total liabilities	8,372	10,256
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Segregated under Other Regulations	0	0
Other assets	0	0
Total assets	485,721	543,083
Foreign exchange derivatives		12,649
Total liabilities	359,418	392,532
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities Segregated under Other Regulations	0	0
Other assets	0	0
Total assets	0	0
Foreign exchange derivatives		0
Total liabilities	0	0
Commodity derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	448,216	491,321
Derivative Liability	354,529	390,139
Commodity derivatives | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	2,118	1,161
Derivative Liability	8,372	10,256
Commodity derivatives | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	446,098	490,160
Derivative Liability	346,157	379,883
Commodity derivatives | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Derivative Liability	0	0
Foreign exchange derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	39,623	52,923
Foreign exchange derivatives	13,261
Foreign exchange derivatives | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	0	0
Foreign exchange derivatives	0
Foreign exchange derivatives | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	39,623	52,923
Foreign exchange derivatives	13,261
Foreign exchange derivatives | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	0	$ 0
Foreign exchange derivatives	$ 0

Commitments and Contingencies G

Commitments and Contingencies Guarantees (Details) $ in Millions	May 31, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Guarantor obligations, maximum exposure, undiscounted	$ 74.3
Maximum guarantees allowed by bank covenants	$ 1,100

Deferred Costs, Capitalized, Pr

Deferred Costs, Capitalized, Prepaid, and Other Assets (Details) - USD ($) $ in Thousands	May 31, 2023	Aug. 31, 2022
Other current assets and liabilities [Abstract]
Derivative assets (Note 11)	$ 483,436	$ 535,698
Margin and related deposits	275,457	390,782
Supplier advance payments	223,419	198,753
Restricted cash	77,608	109,517
Other	209,129	147,954
Other current assets	1,269,049	1,382,704
Customer margin deposits and credit balances	148,658	283,234
Customer advance payments	469,753	525,003
Derivative liabilities (Note 11)	364,291	398,781
Dividends and equities payable	885,659	1,000,000
Other Liabilities, Current	$ 1,868,361	$ 2,207,018