<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>3
<FILENAME>bmn83549_bmn1tlt.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>

                                POWER OF ATTORNEY

         Know all by these presents, that I hereby constitute and appoint each
of David Kastelic, Theresa Egan and Jodell Heller my true and lawful
attorney-in-fact and agent, each acting alone, with full power of substitution
for me and in my name, place and stead, to:

          1.   execute for me and on my behalf, in my capacity as an officer
               and/or director of CHS Inc., Forms 3, 4 or 5 in accordance with
               Section 16(a) of the Securities Exchange Act of 1934, as amended,
               and the rules promulgated thereunder;

          2.   do and perform any and all acts for me and on my behalf which may
               be necessary or desirable to complete and execute any such Form
               3, 4 or 5, complete and execute any amendment or amendments
               thereto and timely file such Form with the United States
               Securities and Exchange Commission and any stock exchange or
               similar authority; and

          3.   take any other action of any type whatsoever in connection with
               the foregoing which, in the opinion of such attorney-in-fact, may
               be of benefit to me, in my best interest or legally required by
               me, it being understood that the documents executed by such
               attorney-in-fact on my behalf pursuant to this Power of Attorney
               shall be in such form and shall contain such terms and conditions
               as such attorney-in-fact may approve in such attorney-in-fact's
               discretion.

         I hereby grant to each such attorney-in-fact full power and authority
to do and perform any and every act and thing whatsoever requisite, necessary or
proper to be done in the exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as I might or could do if
personally present, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted. I ACKNOWLEDGE THAT THE ATTORNEYS-IN-FACT, IN
SERVING IN SUCH CAPACITY AT MY REQUEST, ARE NOT ASSUMING, NOR IS CHS INC.
ASSUMING, ANY OF MY RESPONSIBILITIES TO COMPLY WITH SECTION 16 OF THE SECURITIES
EXCHANGE ACT OF 1934, AS AMENDED.

         This Power of Attorney shall remain in full force and effect until I am
no longer required to file Forms 3, 4 and 5 with respect to my holdings of and
transactions in securities of CHS Inc., unless earlier revoked by me in a signed
writing delivered to the attorneys-in-fact named above.

         IN WITNESS WHEREOF, I have signed this Power of Attorney on March 4,
2004.

                                         /s/ Thomas L. Traub
                                         ---------------------------------------
                                         Signature

                                         Thomas L. Traub
                                         ---------------------------------------
                                         Print Name




</TEXT>
</DOCUMENT>
