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Topic: Agricore United


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In the News (Thu 16 Feb 12)

  
  Agricore United Expects Significant Increase in First Quarter 2007 Earnings   (Site not responding. Last check: 2007-10-20)
Winnipeg, Manitoba -- Agricore United (TSX:AU) announced Feb. 16 preliminary results for the first quarter of 2007 that are expected to be significantly higher than the corresponding quarter last year.
As western Canada’s leading grain handler, Agricore United expects to benefit from projected increases in wheat export volumes due to its efficient country grain elevator network and significant port terminal operations.
Since Agricore United is also Canada’s largest exporter of canola and a significant retailer of canola seed products, the company is uniquely positioned to capture the opportunities arising in this area.
www.grainnet.com /articles/Agricore_United_Expects_Significant_Increase_in_First_Quarter_2007_Earnings_-41897.html   (1351 words)

  
  Agricore United Acquires Mattinson Farm Services
Agricore United will be retaining key staff from MFS, with strong agronomic backgrounds and experience in grain and agro sales and services, as well as retaining the services of the vendor, Rod Mattinson.
Agricore United is one of Canada's leading agri-business with headquarters in Winnipeg, Manitoba and extensive operations and distribution capabilities across western Canada.
Agricore United uses its technology, services and logistics expertise to leverage its network of facilities and connect prairie-based agricultural customers to domestic and international customers and suppliers.
www.ccnmatthews.com /news/releases/show.jsp?action=showRelease&searchText=false&showText=all&actionFor=572458   (411 words)

  
  Agricore United - Policy Information & Government Relations - About Us
Farm profitability and the profitability of Agricore United are intertwined and the policies and positions we have developed, with the active participation of our delegate body, will help the entire value chain.
Agricore United is involved in government relations because it is not good enough to develop policies that will benefit agriculture and hope that they will be adopted.
Agricore United is also actively involved in a number of industry associations.
www.agricoreunited.ca /cgi-bin/bvsm/AU/Home/Membership/PolicyInfo/index.jsp   (546 words)

  
 The Manitoba Chambers of Commerce
Agricore United is one of the largest agri-business companies in Canada.
Agricore United provides agricultural consulting and crop planning services to help farmers address their specific circumstances and meet their production and revenue goals.
Agricore United is a pipeline buying, marketing and transporting grain from the farm to end-use markets using our company's 75 plus grain elevators and six port terminals in which it has interest.
www.mbchamber.mb.ca /memberprofile/agricoreunited.htm   (421 words)

  
 PRESS RELEASE Agricore United Raises Dividend   (Site not responding. Last check: 2007-10-20)
Agricore United is one of Canada's leading agri-businesses with headquarters in Winnipeg, Manitoba and extensive operations and distribution capabilities across western Canada as well as operations in the United States and Japan.
Agricore United uses its technology, services and logistics expertise to leverage its network of facilities and connect agricultural customers to domestic and international customers and suppliers.
Agricore United's common shares are traded on the Toronto Stock Exchange under the symbol "AU".
www.marketwire.com /mw/release_html_b1?release_id=195080&tsource=3   (483 words)

  
 Agricore United to produce and market Ducks Unlimited Canada's native plant materials
Todd Hyra, forage product manager with Agricore United, says the benefit to producers will be improved opportunities for beef gains through managed grazing systems that include cool and warm season native pastures.
Agricore United is one of Canada's leading agri-businesses.
Agricore United's shares are publicly traded on the Toronto Stock Exchange under the symbol "AU".
www.ducks.ca /aboutduc/news/archives/2003/030225.html   (482 words)

  
 United Grain Growers Limited carrying on business as Agricore United   (Site not responding. Last check: 2007-10-20)
The authorized share capital of Agricore United consists of an unlimited number of limited voting common shares (the "Common Shares") and an unlimited number of preferred shares, issuable in series (including 1,202,750 Series A Convertible Preferred shares, convertible at the option of the holder, on a one-for-one basis into common shares).
Agricore United established the Agricore United Member and Employee Loan Program (the "Loan Program") to allow Members and employees of Agricore United an opportunity to invest in Agricore United.
The trades to be made by Agricore United in respect of the Member Participants and the Employee Participants who are not themselves employees of Agricore United under the Loan Program may not technically, fall within the available exemptions from the Registration and Prospectus Requirements of the Legislation.
www.msc.gov.mb.ca /orders/ugg.html   (1291 words)

  
 Agricore United and James Richardson International to Create Global Agri-business
The Board of Directors of Agricore United, based on the recommendations of the Special Committee of the Board of Directors, has determined that the transaction is fair to Agricore United shareholders and is in the best interests of Agricore United and will recommend that shareholders accept the offers from JRI.
Agricore United will call shareholders meetings to approve the continuance of Agricore United to the Canada Business Corporations Act and a plan of arrangement providing for the acquisition by JRI of the shares of Agricore United on terms identical to the offer, to be effected following the expiry of the offer.
Agricore United shareholders are urged to read JRI's bid circular and Agricore United's directors' circular and proxy circular in detail when such documents are issued.
newsblaze.com /story/2007022106202600001.mwir/newsblaze/MARKWIRE/Marketwire-Releases.html   (2390 words)

  
 CTV.ca | Agricore and United Grain Growers to merge
Agricore and UGG said they expect expense savings of more than $50 million a year as a result of the merger.
By uniting, UGG and Agricore will be able to substantially reduce administrative and operating costs, build on each company's strengths and maintain a strong presence in the face of increasing competition in the western Canadian agricultural industry,
Brian Hayward, chief executive officer of UGG, is to be CEO of Agricore United.
www.ctv.ca /servlet/ArticleNews/story/CTVNews/1027388354679_22797554   (412 words)

  
 [No title]   (Site not responding. Last check: 2007-10-20)
WINNIPEG, Manitoba, Sept 8 (Reuters) - Agricore United (AUlv.TO: Quote, Profile, Research) harvested a bigger third-quarter profit, helped by higher fertilizer sales, but grain handling volumes were disappointing, Canada's largest grain company said on Thursday.
Agricore United had a net profit of C$47 million ($39.8 million), or diluted earnings of 81 Canadian cents a share in the quarter.
Agricore United shares closed 5 Canadian cents higher at C$8.25 on Thursday on the Toronto Stock Exchange.
today.reuters.com /business/newsarticle.aspx?type=naturalResources&storyID=nN08263519&imageid=&cap=   (437 words)

  
 Grain Case Settled: Agricore United Agrees to Divest Port Terminal   (Site not responding. Last check: 2007-10-20)
The Bureau maintained that a divestiture of either the UGG terminal or the Pacific Elevators Limited (“Pacific”) terminal was required to restore competition.
Agricore United took the position that a divestiture of only a part of the Pacific terminal was necessary.
Today's agreement requires that Agricore United divest either the UGG or the Pacific terminal.
www.ic.gc.ca /cmb/welcomeic.nsf/cdd9dc973c4bf6bc852564ca006418a0/85256a220056c2a485256c5500618637!OpenDocument   (354 words)

  
 Agricore United
Agricore United applauds the CTA for recommending the reduction in interswitching rates as proposed in your letter of August 30,2002.
Agricore United would like to see interswitching rates reflect the rate breaks both railways give currently for shipping cars in multiples.
Secondly Agricore United would like to see the Agency require the railways to publish and maintain information on interchange tracks that are available for shippers to use.
www.cta-otc.gc.ca /rail-ferro/disputes/submissions/agricore_e.html   (282 words)

  
 Agricore United scorns takeover bid
Agricore also said that Archer Daniels Midland Co., which owns 28 per cent of its common shares, has also turned down the Wheat Pool offer.
On the TSX, shares of Agricore gained 13 cents to finish at $11.25, while Wheat Pool slipped eight cents to end at $8.35.
Agricore was formed when Agricore Co-operative merged with United Grain Growers in 2001.
www.cbc.ca /canada/manitoba/story/2006/12/13/agricore.html   (1165 words)

  
 News - Releases
Agricore and UGG announced today that their boards of directors have unanimously agreed to a merger plan to create Agricore United, western Canada's leading agri-business.
By uniting, UGG and Agricore will be able to substantially reduce administrative and operating costs, build on each company's strengths and maintain a strong presence in the face of increasing competition in the western Canadian agricultural industry.
Agricore is a Canadian, farmer-owned agri-business that provides fully integrated grain marketing and handling services through its prairie-wide network of elevators and a full range of agronomic inputs, supplies and services through retail outlets across western Canada.
www.seedquest.com /News/releases/americas/Agricore/n3689.htm   (1817 words)

  
 Agricore United Confirms Improved First Quarter Results
Gross profit in the CPS segment was up 7% in the first quarter and, together with reduced operating expenses, contributed to a $2.1 million improvement in EBITDA for three months ended Jan. 31, 2007, a 13.5% improvement from the same quarter in 2006.
Agricore United’s Livestock Services Division also delivered a record first quarter, with feed volumes increasing by 154,000 tonnes during the quarter to 428,000 tonnes.
With additional operating expenses associated with the Hi-Pro acquisition, overall segment EBITDA was $7.5 million for the segment, an improvement of over 40% from the same period last year.
www.grainnet.com /articles/Agricore_United_Confirms_Improved_First_Quarter_Results-42281.html   (784 words)

  
 Higher Grain Shipments Boost Agricore United Third Quarter Profits - - insurancenewsnet.com
Agricore United leverages its technology, facilities, services and logistics expertise to connect agricultural customers to domestic and international end-use customers and suppliers.
On May 12, 2006, a trustee was appointed to divest the Company's former United Grain Growers Limited Vancouver grain terminal ("Vancouver Terminal") in accordance with a consent agreement ("Consent Agreement") between Agricore United and the Commissioner of Competition dated October 17, 2002.
The Consent Agreement was entered into in connection with the merger of United Grain Growers Limited and Agricore Cooperative Ltd. to form Agricore United and required the Company to divest a terminal at the Port of Vancouver.
www.insurancenewsnet.com /article.asp?n=1&neID=200609072800.1_7a5c375f25992565   (9639 words)

  
 Higher Grain Shipments Boost Agricore United Third Quarter Profits @ SYS-CON Media   (Site not responding. Last check: 2007-10-20)
The significant improvement in grain handling earnings together with improved livestock segment performance contributed to Agricore United's net earnings of $56.3 million ($0.95 diluted earnings per share) for the quarter, an increase of $7.7 million or 16% over the restated $48.3 million profit ($0.82 diluted earnings per share) for the same quarter last year.
Agricore United's operating expenses declined marginally in the quarter.
Agricore United's Limited Voting Common Shares are publicly traded on the Toronto Stock Exchange under the symbol "AU".
www.sys-con.com /read/269355.htm   (5568 words)

  
 Lexpert: Deal
United Grain Growers Limited merged with Agricore Cooperative Ltd. on November 1, 2002 to form Agricore United, one of Canada’s leading agribusinesses.
The treasury offering consisted of approximately 6.7 million shares for total gross proceeds to Agricore United of approximately $53.7 million, while the secondary offering of approximately 6.3 million shares for total gross proceeds of approximately $50.7 million related to the assisted sales programme established by the company.
Agricore United intends to use the net proceeds from the treasury offering to reduce outstanding indebtedness.
www.lexpert.ca /deal.php?id=252   (341 words)

  
 Canada : Start of Trustee sale process for port terminal - Textile Fashion News Fibre2Fashion
This follows Agricore United's decision to abandon its challenge to the 2002 Consent Agreement with the Bureau, which required it to sell either the UGG (now AUV) terminal or the Pacific Elevators Limited terminal.
The divestiture of a port terminal was required by the Commissioner in order to remedy the substantial lessening of competition in port terminal grain handling services brought about by the merger of United Grain Growers Limited ("UGG") and Agricore Cooperative Limited on November 1, 2001, which have since been carrying on business as Agricore United.
Agricore United subsequently filed an application to the Tribunal to rescind the Consent Agreement.
www.fibre2fashion.com /news/daily-textile-industries-news/newsdetails.aspx?news_id=17018   (376 words)

  
 Agricore United - Home
At Agricore United, we’re committed to meeting the needs of our customers, investors and members.
Our people and technology are dedicated to providing the products, services and knowledge to help build and sustain agriculture in Canada.
We’re proud of Canada’s global reputation as a consistently reliable source of quality grains, oilseeds and meat products, and the people of Agricore United are working hard to maintain this enviable reputation.
www.agricoreunited.com /cgi-bin/bvsm/AU2/index.jsp   (193 words)

  
 Agricore United Increases 2006 Net Earnings by 64 Percent to $21 Million @ SYS-CON Media   (Site not responding. Last check: 2007-10-20)
Agricore United's inventory turn factor, a measure of efficient use of storage capacity, increased to 8.7 times compared to 7.9 times for the prior fiscal year.
The development of PRISM(TM) is another example of Agricore United's focus on providing solutions to its customers, much like the solution it advanced several years ago when it first developed AU Financial and Unifeed Financial to provide direct financing to producers to meet their growing working capital needs.
Since the merger date on November 1, 2001, Agricore United has significantly reduced its debt and improved its leverage ratio from about 61 percent to 42 percent at October 31, 2006, nearing its target levels.
www.sys-con.com /read/307309.htm   (5102 words)

  
 Investor's Business Daily: Breaking News
WINNIPEG, MANITOBA, Jun 13, 2005 (CCNMatthews via COMTEX) -- According to research conducted by Ipsos-Reid on behalf of Agricore United (AULV), many western Canadian grain producers may not be spending enough time scouting their fields during the growing season.
The research results also suggest that when growers do scout, they look primarily for weeds and do not pay enough attention to other yield robbers such as insects and diseases that could be affecting their crops.
Denise Maurice, Agricore United's Crop Protection Technical Development Manager, says typically an experienced field scout will take at least three hours per 80-acre field to effectively scout and diagnose weed, insect and disease issues.
www.investors.com /breakingnews.asp?journalid=28207287&rb=1   (674 words)

  
 Reuters | Reuters.com   (Site not responding. Last check: 2007-10-20)
UNITED GRAIN GROWERS LTD D/B/A AGRICORE UNITED: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
A textual analysis of Agricore United's financial statements, including company description and recent stock performance, versus Werner Enterprises, Inc., Hunt (J.B.) Transport Services Incorporated and Landstar Systems Incorporated.
Agricore United: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
www.investor.reuters.com /StockReports.aspx?ticker=AUlv.TO   (140 words)

  
 Agricore United rejects revised takeover offer by Saskatchewan Wheat Pool
Assuming full proration of the cash component, the consideration available to holders of each Agricore United limited voting common share would be capped at $3 in cash plus one common share of the Pool.
Agricore United also said Archer Daniels Midland Co., the company's principal shareholder holding approximately 28 per cent, does not intend to accept the Pool offers.
Agricore United shares closed down two cents at $11.75 on the Toronto Stock Exchange, while the firm's convertible preferred shares were unchanged at $20.35.
www.topix.net /content/cp/3361277209002363726724442130394285959374   (606 words)

  
 The Canola Digest December 2001/January 2002 Issue
Agricore United has been ordered to sell one of its grain terminals in Vancouver.
Agricore United has also dissolved XCAN Grain Pool Ltd. XCAN became part of Agricore on January 31, when Saskatchewan Wheat Pool withdrew as a shareholder in the grain exporting company.
He is joined by former Agricore Director Mel McNaughton of Rumsey, AB as First Vice-President, Ken Motiuk of Mundare as Alberta Vice-President, Terry Youzwa of Nipawin as Saskatchewan Vice-President, and Wayne Drul of Oakburn as Manitoba Vice-President.
www.canola-council.org /digest_0102.html   (9677 words)

  
 Main   (Site not responding. Last check: 2007-10-20)
Agricore United, a leading Canadian service provider to the agricultural value chain, has selected SimCorp’s IT/2 treasury management system to manage its treasury operations.
Headquartered in Winnipeg, Agricore United is the largest grain handling and merchandising company by volume, the largest crop production services provider and one of the largest manufacturers and suppliers of livestock feed products.
Agricore United has chosen 14 modules of the IT/2 system.
www.simcorp.com /print.aspx?print={6D926E8C-C780-4529-A5DE-00D461603CB8}   (311 words)

  
 Agricore United Brochure-The Operation Of A Grain Elevator
Agricore United Brochure-The Operation Of A Grain Elevator
Most people have seen a country elevator before but many have never had the opportunity to see how it operates.
Because this is where grain is collected, and is the first order of movement of grain from farm to market, these elevators are called 'primary elevators'.
www.waltonfeed.com /elevator/oldpam.html   (861 words)

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