Agricore Cooperative Ltd.

Identity area

Type of entity

Corporate body

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

Description area

Dates of existence

1998-2001

History

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.

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Internal structures/genealogy

General context

Relationships area

Related entity

Agricore United (2001-2007)

Identifier of the related entity

agricore_united

Category of the relationship

temporal

Dates of the relationship

Description of relationship

Merged with United Grain Growers to form Agricore United

Related entity

Alberta Wheat Pool Ltd. (1923-1998)

Identifier of the related entity

alberta_wheat_pool

Category of the relationship

temporal

Dates of the relationship

Description of relationship

Alberta Wheat Pool merged with Manitoba Pool Elevators to form Agricore Cooperative Ltd.

Related entity

Manitoba Pool Elevators (1925-1998)

Identifier of the related entity

manitoba_pool_elevators

Category of the relationship

temporal

Dates of the relationship

Description of relationship

Manitoba Pool Elevators merged with Alberta Wheat Pools to form Agricore Cooperative Ltd.

Related entity

United Grain Growers Ltd. (1917-2001)

Identifier of the related entity

ugg

Category of the relationship

temporal

Dates of the relationship

Description of relationship

United Grain Growers Ltd. merged with Agricore Cooperative Ltd. to form Agricore United

Access points area

Occupations

Control area

Authority record identifier

agricore_cooperative

Institution identifier

Rules and/or conventions used

Status

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Dates of creation, revision and deletion

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Maintenance notes

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