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HomeMy WebLinkAboutThe Lucknow Sentinel, 1984-03-21, Page 350. *•• / 'ktt • 9 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. • • • • I • • • • •• • • • • • • • • • • • • • • • • 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, • • 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 ALSO • Luelcnow Mixer Feeders ° Lucknow Snow Blowers • Steel Bulk Feed Tanks • Stationer Mixers • General FbrJcc tion LTD. 529-7627 • -- . • • A 1. t.‘ itt . . •