{"id":34066,"date":"2023-05-12T00:16:46","date_gmt":"2023-05-12T06:16:46","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/basin-coop-inc-reports-record-sales-and-savings-for-the-year\/"},"modified":"2026-03-31T02:15:47","modified_gmt":"2026-03-31T08:15:47","slug":"basin-coop-inc-reports-record-sales-and-savings-for-the-year","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/basin-coop-inc-reports-record-sales-and-savings-for-the-year\/","title":{"rendered":"Basin Coop Inc. reports record sales and savings for the year"},"content":{"rendered":"\n<p><figure class=\"wp-block-image naviga-inline-image\"><img decoding=\"async\" src=\"https:\/\/imengine.public.prod.dur.navigacloud.com\/?uuid=2ea4b4d7-da28-5c25-bad0-8f2f87f34bd8&amp;function=cover&amp;type=preview&amp;source=false&amp;width=2000\" width=\"1600\" height=\"1077\" alt=\"Travis Tyler with  Basin Coop in Durango helps Tom Eskew load metal fence posts into his truck Thursday. (Jerry McBride\/Durango Herald)\" class=\"naviga-image\" loading=\"lazy\"><figcaption><span class=\"caption\">Travis Tyler with  Basin Coop in Durango helps Tom Eskew load metal fence posts into his truck Thursday. (Jerry McBride\/Durango Herald)<\/span><span class=\"credit\">cca<\/span><\/figcaption><\/figure>\n<\/p><p>Basin Coop Inc. had a 22% increase in sales and a 39% increase in net savings for the year that ended Feb. 28 compared to the previous period. The record sales were $40,125,107 and the record savings, which is net income, was $2,422,031.<\/p>\n<p>Members are receiving $873,000 in patronage savings, all in cash, about 6.3% of their purchases.<\/p>\n<p>The record year was led by sales in gasoline, diesel and propane (about 55% of sales), with strong gains in fertilizer, feed, grain and seed. Fencing was flat at about $1 million, tack unchanged at $136,000, and wire and twine up slightly at $275,000. Animal health at $242,000 was down.<\/p>\n<p>The significant gains in some sales were the result of higher wholesale prices, especially for fertilizer and fuels. Fertilizer comes from natural gas, which soared in price last spring.<\/p>\n<p>A fork lift and a slightly used pickup were capital expenses during the year.<\/p>\n<p>Don Dukart, co-op\u2019s general manager, highlighted the co-op\u2019s finances at its 71st annual meeting earlier this week.<\/p>\n<p>Improvements during the current year will include refurbishing the Ampride station store and acquiring property in Pagosa Springs to provide bulk storage for propane deliveries in Archuleta County.<\/p>\n<p>Three board members, Gary Zellitti, Dan Huntington and Steve Pargin, were reelected without opposition. Bentley Colbert continues to chair the board.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Members to receive $873,000 in patronage savings<\/p>\n","protected":false},"author":1,"featured_media":34067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[431,28],"naviga_topic":[],"class_list":["post-34066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-business-general","tag-headlines"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/34066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=34066"}],"version-history":[{"count":1,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/34066\/revisions"}],"predecessor-version":[{"id":82466,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/34066\/revisions\/82466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/34067"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=34066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=34066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=34066"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=34066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}