Type of entity
Authorized form of name
Agricore Cooperative Ltd.
Parallel form(s) of name
Standardized form(s) of name according to other rules
Other form(s) of name
Identifiers for corporate bodies
Dates of existence
Agricore Cooperative Ltd. was created November 1, 1998, through the friendly merger of Alberta Wheat Pool Ltd. and Manitoba Pool Elevators. It existed for only three years, then merged with United Grain Growers to form Agricore United in November 2001. Before the merger, it was one of the largest agribusinesses in Western Canada. Moreover, as Agricore United is a publicly traded company, Agricore can be seen as the last of the farmer-owned cooperatives, a movement that significantly altered prairie-farming practices in the twentieth century. Agricore officially began operations on November 1, 1998. Extensive preparations were made to ensure that a seamless transition occurred when the two historic cooperatives became one new entity. Winnipeg was selected as the head office and staff was shifted accordingly. In late 1999, Agricore weathered its first serious crisis when the cooperative's unionized staff went on strike. The next year and a half saw Agricore expand its business in a variety of ways including the establishment of high throughput elevators in Elva, Manitoba and at the junctions of highway 3 and 14 between Morden and Winkler, in Manitoba. Though wheat and grain prices in 1999-2000 reached historic lows, Agricore managed to increase earnings and further enhance its reputation as one of western Canada's most influential agribusinesses. On July 30, 2001, Agricore announced that the boards of both UGG and Agricore had unanimously agreed to a merger that would create a new company, Agricore United, which would be modeled after UGG's share structure. On November 1, 2001, the merger took place and Agricore, the last of the prairie cooperatives, ceased to exist.