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CHS Inc Class L Preferred Stock is a preferred equity security issued by CHS Inc, the largest farmer-owned cooperative in the United States. CHS operates across the agricultural value chain including grain marketing, food processing, crop inputs, and energy distribution. Preferred shareholders receive fixed dividend payments with priority over common stockholders but typically do not have voting rights. The Class L series represents one of several preferred share classes issued by CHS, each with distinct dividend rates and terms. As a cooperative structure, CHS is owned by farmers, ranchers, and cooperatives across the United States. The preferred stock provides CHS with a capital-raising mechanism while offering investors steady income potential. CHSCL's performance depends on the cooperative's overall financial health, agricultural commodity markets, and interest rate environments affecting preferred security valuations.