Exhibit 99.4

This presentation and other CHS Inc. publicly available presentations contain, and CHS officers and representatives may from time to time make, “forward–looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Report Act of 1995. Forward–looking statements can be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Forward–looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on CHS current beliefs, expectations and assumptions regarding the future of its businesses, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of CHS control. CHS actual results and financial condition may differ materially from those indicated in the forward–looking statements. Therefore, you should not rely on any of these forward– looking statements. Important factors that could cause CHS actual results and financial condition to differ materially from those indicated in the forward–looking statements are discussed or identified in CHS public filings made with the U.S. Securities and Exchange Commission, including in the "Risk Factors" discussion in Item 1A of CHS Annual Report on Form 10–K for the fiscal year ended August 31, 2015. Any forward–looking statements made by CHS in this presentation are based only on information currently available to CHS and speak only as of the date on which the statement is made. CHS undertakes no obligation to publicly update any forward–looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. © 2015 CHS Inc. DISCLOSURE STATEMENT

COMMODITY CYCLES corn soybeans wheat Nymex WTI Crude Oil $16 $120 $110 $100 $90 $80 $70 $60 $50 $40 $30 $14 $12 $10 $8 $6 $4 $2 © 2015 CHS Inc. 1/2/2014 2/2/2014 3/2/2014 4/2/2014 5/2/2014 6/2/2014 7/2/2014 8/2/2014 9/2/2014 10/2/2014 11/2/2014 12/2/2014 1/2/2015 2/2/2015 3/2/2015 4/2/2015 5/2/2015 6/2/2015 7/2/2015 8/2/2015 9/2/2015 10/2/2015 11/2/2015 $ per bushel

TONS Nitrogen Phosphates Potassium Specialty GALLONS Refined fuels Premium diesel 13¢ 16¢ $7 $9 $9 $29 BUSHELS Spring wheat Soybeans Corn 9¢ 14¢ 3¢ © 2015 CHS Inc. PRELIMINARY 2015 WHOLESALE PATRONAGE RATES

% 40% $ millions 3,000 2,500 2,000 1,500 1,000 500 0 30% 20% 4.4x 3.7x 10% 0% 2013 2014 2015 2013 2014 2015 LTLTDDebetb/t E/ Equqiutyity (3) DDeebbt t/ /CCaasshhFFloloww Times 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0.00 % 80% 60% 40% 20% 0% 1.19 1.11 1.12 2013 _ 2014 2015 2013 2014 2015 (1) ROAE = (Net Income – Preferred Dividends) (Beg. Equity – Beg. Preferred Stock) (2) Reinvestment Rate = Capital Expenditures / Annual Depreciation and Amortization (3) Excludes Spiritwood write off of $103m CHS Confidential Information BANKS 3.50:1 CHS 2.35:1 BANKS 80% CHS 45% 41%32%22% RReeiinnvveessttmeenntt RRaattee (2) 2.8x ROAE (1) CHS 20% 23%22%14% FINANCIAL GUARDRAILS