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Cooperative Fibre: Our Network’s Strength

Montréal, February 19, 2004 – his morning, Coopérative fédérée de Québec President Denis Richard launched the organization’s 82nd Annual Meeting with this year’s theme, “Cooperative Fibre: Our Network’s Strength.”

“Let us have no illusions: farmers in Québec and Canada are currently going through a more turbulent period than we have seen in many years. Regardless of the size of our farms, the technological explosion, environmental rules and access to markets will increasingly require agricultural producers to belong to a network that can back them up in their daily work and ensure the stability and success of their enterprise,” said Mr. Richard.

Coopérative fédérée de Québec already has such a network. Present across Québec, this network is well rooted in the community and totally dedicated to our interests; the Coop network represents a desirable alternative to integration. “It is our responsibility to take it in the right direction and ensure that we can face the challenges of tomorrow together,” pointed out Mr. Richard.

In 2003, the Cooperative recorded a net increase in sales of $2.8 billion, while operating earnings stood at $26.1 million. “Despite major losses reported in our pork marketing operations, we achieved these results thanks to the record performance of our Sonic Petroleum Division and the continuous progress of our Farm Supply Division’s results which are indicative of the relevance of our business offering and the unfailing support of our members and customers,” added Mr. Richard.

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Source : Caroline Morin
Communications Consultant
Tel.: 514-858-2048
Email : [email protected]


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