EXHIBIT 21.1
SUBSIDIARIES OF THE REGISTRANT
 STATE OFINCORPORATION/SUBSIDIARY
    
    ORGANIZATIONADM/CHS, LLC
    
    DelawareAdvanced Energy Fuels, LLC
    
    NebraskaAg States Agency, LLC
    
    MinnesotaImpact Risk Funding Inc., PCC, a subsidiary of Ag States Agency, LLC
    
    Washington DCAg States Reinsurance Co., IC, a subsidiary of Impact Risk Funding Inc.
    
    Washington DCImpact Risk Solutions, LLC, a subsidiary of Ag States Agency, LLC
    
    MinnesotaAg States Agency of Montana, Inc.
    
    MontanaAllied Agronomy, LLC
    
    North DakotaBattle Creek/CHS, LLC
    
    DelawareCenex Ag, Inc.
    
    DelawareCenex Petroleum, Inc.
    
    MinnesotaCenex Pipeline, LLC
    
    MinnesotaCentral Montana Propane, LLC
    
    MontanaCentral Plains Ag Services LLC
    
    MinnesotaCentral Plains Grain, LLC
    
    MinnesotaCHS Canada, Inc.
    
    Ontario, CanadaCHS de Argentina
    
    ArgentinaCHS do Brasil Ltda.
    
    BrazilCHS DU Pty Ltd
    
    New S. Whales, AustraliaCHS Energy Canada, Inc.
    
    AlbertaCHS Holdings, Inc.
    
    MinnesotaCHS Inc. de Mexico
    
    MexicoCHSIH SA
    
    Zug, SwitzerlandCHS Europe SA, a subsidiary of CHSIH SA
    
    Zug, SwitzerlandACG Trade SA, a subsidiary of CHS Europe SA
    
    SwitzerlandCHSINC Iberica SL, a subsidiary of CHS Europe, SA
    
    Barcelona, SpainCHS Ukraine, LLC, a subsidiary of CHS Europe SA and CHSIH SA
    
    Kyiv, UkraineCHS Vostok, LLC, a subsidiary of CHS Europe SA
    
    RussiaOmega Terminal, SA, a subsidiary of CHS Europe SA
    
    SwitzerlandOregana Co., Ltd., a subsidiary of CHS Europe SA
    
    Republic of CyprusAgromarket Export Krasnodar, a subsidiary of Oregana Co., Ltd.
    
    Russian FederationAgromarket Servis LLC, a subsidiary of Agromarket Export Krasnodar
    
    Russian FederationAgromarket Export Stavropol, a subsidiary of Oregana, Co., Ltd.
    
    Russian FederationAgromarket, LLC, a subsidiary of Oregana Co., Ltd.
    
    Russian FederationRosAgroInvest LLC, a subsidiary of Oregana Co., Ltd.
    
    Russian FederationSerseris Holdings Limited, a subsidiary of CHS Europe, SA
    
    Republic of CyprusGlobal Agri, a subsidiary of Serseris Holdings Limited
    
    Odessa, UkraineCHS Hong Kong Limited, a subsidiary of CHSIH SA
    
    Hong Kong




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STATE OFINCORPORATION/SUBSIDIARY
    
    ORGANIZATIONCHS (Shanghai) Trading Co., LTD, a subsidiary of CHS Hong Kong LTD
    
    ChinaMCIC AG, a subsidiary of CHSIH SA
    
    Zug, SwitzerlandMultigrain AG, a subsidiary of CHSIH SA
    
    Zug, SwitzerlandXingu AG, a subsidiary of Multigrain AG
    
    Zug, SwitzerlandCHS-Blackfoot, Inc.
    
    IdahoCHS-Brush, Inc.
    
    ColoradoCHS-Chokio
    
    MinnesotaCHS-Corsica
    
    South DakotaCHS-Fairdale
    
    North DakotaCHS-Farmco, Inc.
    
    North DakotaCHS-FUCOC
    
    MinnesotaCHS-Hinton, Inc.
    
    OklahomaCHS-Holdrege, Inc.
    
    NebraskaCHS-M&M, Inc.
    
    ColoradoCHS-Mitchell
    
    South DakotaCHS-Napoleon
    
    North DakotaCHS-Oklee
    
    MinnesotaCHS-SLE Land, LLC
    
    LouisianaCHS-St. John, Inc.
    
    WashingtonCHS-SWMN
    
    MinnesotaCHS-Walla Walla, Inc.
    
    KansasCHS-Wallace County, Inc.
    
    KansasCHS-White Lake
    
    South DakotaCHS-Winger
    
    MinnesotaCircle Land Management, Inc.
    
    MinnesotaCofina Financial, LLC
    
    MinnesotaCofina Funding, LLC, a subsidiary of Cofina Financial, LLC
    
    DelawareCofina ProFund LLC, a subsidiary of Cofina Financial, LLC
    
    MinnesotaColorado Retail Ventures Services, LLC
    
    ColoradoCooperative Agronomy Services
    
    South DakotaCornerstone Ag, LLC
    
    DelawareCountry Hedging, Inc.
    
    DelawareDakota Agronomy Partners, LLC
    
    North DakotaDakota Quality Grain Cooperative LLC
    
    MinnesotaEnergy Partners, LLC
    
    MontanaErskine Grain Terminal, LLC
    
    MinnesotaFin-Ag, Inc.
    
    South DakotaFront Range Pipeline, LLC
    
    MinnesotaGenetic Marketing Group, LLC
    
    WashingtonGreen Bay Terminal Corporation
    
    WisconsinHarvest States Cooperatives Europe B.V.
    
    NetherlandsHorizon Milling, LLC
    
    DelawareHorizon Milling L.P.
    
    DelawareHorizon Milling G.P.
    
    Ontario, CanadaImperial Valley Terminal, LLC
    
    IllinoisLatty Grain Ltd
    
    Ohio




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STATE OFINCORPORATION/SUBSIDIARY
    
    ORGANIZATIONMidwest Ag Supplements, LLC
    
    MinnesotaMillennium Seeds USA, LLC
    
    DelawareMorgan County Investors, LLC
    
    ColoradoMountain Country, LLC
    
    IdahoMountain View of Montana, LLC
    
    DelawareNational Cooperative Refinery Association (NCRA)
    
    KansasClear Creek Transportation, LLC, a subsidiary of NCRA
    
    KansasJayhawk Pipeline, LLC, a subsidiary of NCRA
    
    KansasKaw Pipe Line Company, a subsidiary of NCRA
    
    DelawareMcPherson Agricultural Products, LLC, a subsidiary of NCRA
    
    KansasOsage Pipe Line Company, a subsidiary of NCRA
    
    DelawareOsage Pipe Line Company, LLC, a subsidiary of Osage Pipe Line Co.
    
    DelawareNorick Risk Funding Concepts, LLC
    
    MinnesotaNorthwest Iowa Agronomy, LLC
    
    IowaPartnered Beverages, LLC
    
    MinnesotaBeverage Franchise, LLC, a subsidiary of Partnered Beverages, LLC
    
    MontanaPGG/HSC Feed Company, LLC
    
    OregonPLC Insurance Agency, Inc.
    
    MinnesotaQuality Farm and Ranch Center, LLC
    
    ColoradoRed Rock Cooperative Association
    
    South DakotaRussell Consulting Group, LLC
    
    NebraskaSouthwest Crop Nutrients, LLC
    
    KansasSparta Foods, Inc.
    
    MinnesotaSt. Hilaire Ag Insurance, Inc.
    
    MinnesotaSt. Paul Maritime Corporation
    
    MinnesotaTEMCO, LLC
    
    DelawareThe Farmers Elevator Company of Lowder
    
    IllinoisThe Purchasing Group, LLC
    
    ColoradoUnited Country Brands LLC
    
    DelawareAgriliance LLC, a subsidiary of United Country Brands LLC
    
    DelawareUnited Harvest, LLC
    
    DelawareVentura Foods, LLC
    
    DelawareWabash Valley Grain, LLC
    
    IndianaWestern Feed, LLC
    
    MinnesotaWHYHAP Properties, LLC
    
    Colorado