HomeMy WebLinkAboutThe Lucknow Sentinel, 1984-03-21, Page 350.
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The Fs Edition, Week Or lidareb 21; 1984 15
fie 300 p1usIe
Png of United C
gave
CO '
this.past -
pltur1,1 c
ural chan
showof
g in whic
the 4
pet(
yhear
I.
le cf asset
.r 'Oa
lion „
leer results si
th qua'
.41 Ye* wi
lars in thefi
[We've gene
'
alesa
reA6th anon
.tives of Ontario
:ore -9fconfident
aseinenti for th&
-leading the
major
- ,
ths
41/14.shpc:04,1the, with"Wmthedevarsn,sbleig..44• 10,2ve
,1'
in the last fla a#0,1. NT,
that impleiriented,'! saitV,
st.
t..40 ntin
–
3, UCO sales increased to
,aoneper cent increase. Over
tt,;(
vel ea( along
ositive impact
ell were first
Wilson, vice
president, Planning and Control, while
presenting the financial statement. I feel
we have also eliminatedjatial losses for.
• •
'
wh�le
•ten4 „ :_, .‘ii.. ,...-
"r;.eent Of „tii i . .
•iiinber of ,--negaWa.:40.,.i.
.:„
r . ;'1:: - „;; •
, • ' ",,, '''
' 1 UCO's''' . 1* .• '. #F7#tf..
As part e .,...,..„,... 0: .,
i. ..
fiscal '83, ',Including- the pot
sjess,cacaand trick.'.
,. ..,
next year of about .$14 ' a zWe can now
:loot t Orward.,and be confident tharthe?iyerst
isbebind uwand that we can forecast at least
abeakevepfqr1.984 and a Prontable19.85,P .
...,.: ., . '
During his ast year, UCO's feed division
made gains aitainarket penetration in dairy,,,
.,, ., ,_ _.......,
beefandAwn, swine supplements, with successful
, In nevi"' pro:Watts such as the Flaked Calf
esaine Grower and Supreme 19 per cent Fig Starter.
,
:i CroR 4ivision1,41P-tri successes this past
,..„, ,:far 'WO , was .the only company in
_ „
n : receiving licenses for sir new corn('
ugh a year ,
(markeiplace with alinernuil4 ' „ er 'set
1s and intenit,'altnestilr4 . ,.. . ).; :
in at of our commodity "blistitetseV
tt"
ack awes program
diresfeifs.-indh:'nfoilibelfa; and a re
employee numbers by about 500.
, "cum s on the farm, UCO took
• egadtesi rmarket snare and in 'graiiinarketing, OAS
uction ;Ate:010o eieled.costs in the last part of the
fiscal year, In the sale of home products,
Mire' waSa 19 per cent sales increase and an
increase of 53 per cent in the sale of lumber
and building supply products,
Bob Down, UCO President, in his speech,
'reinforced to the delegates that a great deal
had occurred this past year to give a sounder
financial base to the Co-operative. "It's now
up to us(elected representatives) to tell our
members about it," he added. "Everybody
wants to be on the winning .team. Today,
lbat'slis. We have to spread the word,
against all the rumors, misconceptions, and
misinformation. The future of our business
ls Very much brighter today than it was a
year ago.'
UCO is the largest farm supply and
marketing co-operative in Ontario. It provid-
es teemplete line of farm inputs, including
• feed,' seed, fertilizer, petroleum and hard-
Ware through about 100 Co-op Sales and '
Service centres across the province. It also
markets livestock and grain. UCO is owned
by ) 48,600 individual members and 46
member co-operatives representing an addi-
tional 39,000 members.
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nverting feria vehicles, freM4,gesOline to , then the.addflionof a $50 00 hand pump will Culver-Ibuicf that it would be uneconomical storage facilities, the farmer needs to be
ane can be a big money saver for be the 'only additional -expense. If net, filen for ani fanner using less than 1,000 litres of • consuming 6,500 litres a year to make the
ers.- he faces an outlay of about 42.,:$06, for a -fuel to consider conversion of his truck. An
Storage tank and pump. L.
avid' Culver, an 'energy economist with "
culittre Canada says not only is propane
per than gasoline, but conversion will
reduce maintenance costs and: extend
e life . since *opine is a cleaner
ng fuel than gasoline.
nversion Of diesel" powered equipment
ill too. costly .to be considered a viable
ditto for thelarinet:
he cost ofionverting varies &great deal
nding on the situation," Mr. Oliver
• -
hen' it comes to converting on farm
molt,— Mr. Culver says .the cost
nds .on 'refueling tacilitie.s. . •
the farmer already has propane storage
he farm for_ heating or grain drying,
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• ck, .
"Where afarmer can refuel his ata
local refueling centre, the- only oirnenseis
-
the actual conversion cost - about $1,600 -
which is partially offset by a $400 grant from
the federal propane grant program," Mr.
Culver says. ,
According to„ Mr. Culver, , farmers con-
sidering converting should estimate the cost
of converting and the amount of energy used
-- "Three yeari is a reasonable pay back
period. If the farmer can't recover his
- conversion costs within three years, then he
should not consider changing.”
- Assuming a price difference between
gasoline and propane of 25 cents a litre, Mr.
annual consumption of 2,500 litres would
make conversioir-economical as long as the
price dIfference3 was 26 cents a litre or
better. And conversion would be economical
for the farmer who uses 4,000 litres or inore
even if tile price difference was only 10 cents
a litre.
Conversion of on farm equipment is
worthwhile for the farmer who already has
on farm propane storage when his fuel use is
3,0001tres or more and the pride difference
between -gasoline -and propane is at least 20
• cents a litre. If he burns 6,500 litres or more,
then it is profitable if the price difference is
as low as 10 cents a litre.
For fanners 'who have to make the
additional cost outlay to install propane
■•••••1111111011111MOMPFAMIMMIllft,
conversion economical at a 25 cent a litre
price difference, or 10,000 litres to make it
worth his while -at 15 cent a litre difference.
Propane powered vehicles, require a
stronger tank than gasoline vehicles and it
must be larger to provide for the same
distance. driven./ But. Transport Canada tests
have found that propane does not increase
the risk of erplosion or fire if a vehicle is
involved in an accident.
The use of alternative, fuels by the farm
sector would help by reducingthe ned for oil
imports. Propane is made primarily from
natural gas, of Which Canada has a large
surplus. Canadian farmers own some
936,000 gasoline ixiwered vehicles. Each
farmer buys an average of 6,286 litres of
gasoline and 7,800 litres of diesel fuel every
year.
Luc
now Grain Buggie
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