Agricore United
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| Agricore United, Inc. | |
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| Type | Publicly Traded |
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| Founded | 1906 |
| Headquarters | Winnipeg, Manitoba, CAN |
| Key people | B. Hayward (CEO), R Enns (Vice-President) |
| Industry | Agriculture |
| Products | Grain Handling, Crop Production Services, Livestock, Hail Insurance |
| Revenue |  $.5 to 1 billion CAN |
| Employees | 2,800 |
| Website | http://www.AgricoreUnited.com/ |
Agricore United TSX: AU.LV is a farmer-directed agri-business in Canada. Agri-business giant, Archer Daniels Midland (ADM) has a 23% stake in the company. It supplies crop nutrition and crop protection products, and offers grain handling and marketing services. It was created on November 1, 2001 by the merger of Agricore and United Grain Growers. It is headquartered in Winnipeg, Manitoba. Its shares are publicly traded on the Toronto Stock Exchange (TSX) under the symbol "AU" ("AU.LV" - Limited voting common shares; "AU.DB" - Convertible 9% debentures; "AU.PR.A" - Series ‘A’ preferred shares).
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[edit] Fast Facts
About 2,800 employees including: 269 Customer Service Representatives 160 Certified Crop Advisors (CCA) 24 Merchants (Grains, Oilseeds, Beans and Special Crops) Agricore United has merchandising staff fluent in each English, French, Spanish, Japanese and Mandarin 9.9 million tonnes of grain shipped in 2005 982 thousand tonnes of manufactured feed sold in 2005 Agricore United ships to more than 50 countries Agricore United is the largest grain handler and crop input retailer in western Canada with: more than 290 crop protection products available more than 100 crop nutrition products available hundreds of premium seed options available including Proven Seed proprietary varieties in canola, wheat, barley, Linola™, oats and forages 51 High Throughput Elevators (HTE) and two joint venture HTEs all registered to ISO 9001:2000 and HACCP compliant.
[edit] Grain Handling and Merchandising
Agricore buys, markets and transports grain, oil seeds and other special crops from the farm to end-use markets using the company’s network of grain elevators from Manitoba to British Columbia and ownership/interest in port terminals in Vancouver, Thunder Bay and Prince Rupert. The grain is moved from the farmer’s field to the company’s geographically dispersed and strategically located country elevator network. Grain is then shipped to a domestic, U.S. or Mexican customer, such as a flour mill, crushing plant, feed mill or maltster, or to a port terminal for export to end-use customers in Europe, South America, the Pacific Rim, Africa and the Middle East.
[edit] Crop Production Services
The company sells more crop inputs in western Canada than any other company. This includes manufacture, distribution and crop production support, including crop nutrition and crop protection products, seed and agronomic services to farmers, through about 200 locations from Manitoba to British Columbia. Agronomic Crop Enhancement (ACE) specialists provide technical advice on crop production issues and help the Customer Service Representative (CSR) advise the grower about choices for the most profitable crop practices. Beyond offering crop nutrition such as fertilizers, more than 200 crop protection products are offerred including herbicides and insecticides. Agricore owns or leases three distribution warehouses, and supports the sale of crop nutrition and protection products by providing custom application services directly or through third-party contractors.
[edit] Livestock
The company's livestock business formulates and manufactures feed for dairy and beef cattle, swine, poultry and other specialty feeds from seven HACCP certified feed mills, one HACCP certified pre-mix manufacturing centre and one HACCP compliant pre-mix manufacturing centre. The company has feed mills and pre-mix facilities service customers in B.C., Alberta and Manitoba, including two new feed mills constructed in Olds, AB (2000) and Edmonton, AB (2004).
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[edit] History
Agricore United is the continuation of companies that have deep historical roots in western Canada. The Grain Growers' Grain Company Limited was originally incorporated in 1906 under the laws of Manitoba. In 1917, The Grain Growers' Grain Company Limited and The Alberta Farmers' Cooperative Elevator Company Limited amalgamated to form United Grain Growers Limited (UGG). In 1923, Alberta Wheat Pool (AWP) was incorporated under the laws of Alberta. In 1924, Manitoba Pool Elevators (MPE) was incorporated under the laws of Manitoba. In 1992, UGG was continued under the Governing Act, a Special Act of the Parliament of Canada. In 1998 AWP and MPE merged to form Agricore Cooperative Limited. In 2001, UGG combined its business operations with Agricore Cooperative Ltd. and now carries on business as Agricore United.
