Qualifying Albertans are among those who will be receiving a UFA Co-operative Ltd. patronage check next month.
UFA has a network of 115 petroleum locations and 34 farm and ranch supply stores across the province.
The co-operative announced Wednesday that UFA members will be paid collectively $32.5 million for their 2024 purchases in certain categories of product.
Patronage payments will be based on the same calculations as the 2024 dividend:
• 6.5 cents per litre on Dieselex Gold;
• 5.5 cents per litre on diesel;
• one per cent per litre on gasoline; and
• three per cent on other purchases made in 2024. Exclusions on other purchases include: fuel, select Micro Technologies Feedlot Solutions products, select petroleum products, crop nutrition and leased purchases.
Members must have spent at least $5,000 combined in any of the categories to qualify for patronage.
After a patronage dividend is declared at the annual general meeting, payment is issued in April.
Founded in 1909, UFA is an Alberta-based agricultural co-operative with more than 120,000 member-owners. While the majority of UFA’s operations are in Alberta, there are also a handful of locations in Saskatchewan.
Other Alberta locations include Airdrie, Barrhead, Athabasca, Beiseker, High River, Lac La Biche, Morinville, St. Paul and Westlock.