A2B-Lancaster Fanning, Saturday, March 27, 1993
Atlantic Breeders Report Good Year To Members
LANCASTER (Lancaster
Co.) —Members at the Atlantic
Breeders Cooperative annual
meeting Wednesday were told that
the organization had total revenues
of over $9 million in 1992, current
assests of $6,011,402, and a profit
called total savings and income, of
$396,343. In the financial report,
David Mellinger said that the
strong commitment Atlantic has
made to future planning and with
“our rock hard financial position,”
the cooperative will “be there
tomorrow.”
“Our current year was a good
one,” said Harry Roth, general
manager, “We had our eighth year
of increases in member unit sales
volume and had a very positive
year in profit Our service volume
has grown 11 percent the last five
Dr. Robert Kenney was honored for work with the A.I.
Industry at Atlantic Breeders’ annual meeting. From left are,
Harry Roth, general manager, Kenney, and James Kreider,
president.
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years, while direct-herd sales have
increased 8 percent. This growth
happened during a time when total
cow numbers declined rapidly. In
1993 we implemented the first ser
vice fee increase since the late
1980’s. The increase was small
and not as great as the rate of
increased cost of service.
“The cash position is very
strong and your board is continu
ing to be certain that the Revolving
Fund Certificates are retired in
order to keep equity as current as
possible. Careful control is con
stantly practiced to stay within the
expense budget. In all likelihood,
this year and next year will tell us
that we might need to be even more
frugal in expenses in order to
maintain a good level of cash in the
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“I feel confident that the leader
ship of your cooperative will be
more than capable of dealing with
the challenges ahead. I appreciate
their foresight, their ability to
assess the performance of your
cooperative and to make policy
decisions accordingly.”
President Jim Kreider said 1992
was a good year for farmers
because they had a good supply of
feed that allowed for good produc
tion and income. But he said milk
companies and economists are pre
dicting a five to eight percent drop
in milk prices for 1993. And he
said continued pressures would
come on the farmer from real
estate reassessment, animal rights
people, and increasing overhead
while income is decreasing.
Kreider said we must plan to
operate under these conditions and
listed six values that the coopera
tive embraced—people, perfor
mance, diversity, team work, com
munications, and integrity.
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The v jers elected at Atlam , Breeders'
mer, treasurer; Dwight Hawbaker, secretary;
Kreider, president.
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“We are looking for a good year
in 1993,” Kreider said, “but we
will need the cooperation of every
one. And we will need to set goals.
If you don’t care where you are
going, anyroad will lead you there.
Atlantic does care and believes its
members deserve the best.”
Each year an award is given for
exceptional contributions to the AI
industry. Dr. Robert M. Kenney,
University of Pennsylvania, New
Bolton Center, was honored for his
work that extends back to the early
’6o’s when he provided expertise
in treating bulls with reproductive
difficulties while he was on the
staff at New York State College
and Cornell Vet. College.
Kenney also fostered classroom
training for students in the practi
cal values of AI in the economics
of agriculture and his keen appetite
for research and technology deve
lopment led him in to being a pion
eer in embryo transfer work at
New Bolton.
In the election that followed the
meeting, all officers were
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annul meeting are from left, Lee Kum-
Dave Hlleman, vice president and James
reelected. James Kreider, presi
dent; Dave Hileman, vice presi
dent; Dwight Hawbaker, secretary
and Lee Kummer, treasurer.
Additional members of the
executive committee include: Earl
Fuhrman; David Landis and
Donald Glessner.
Retiring directors were honored
as follows: Donald Bair, 7 years;
Harold Bollinger, 36 years and
Donald Allison, 18 years.
DHIA Set
(Continued from Page A 27)
Kickadee Hill, Lawrence County,
28 points.
The lowest SCO Herd is High
land H Farms, Jefferson County
with 49,000 Somatic Cells/ml.
rolling average, 18.8 cows DHI
Test.
Gary Truckenmiller retired from
the board of directors and received
a plaque to honor his six years of
service.
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