United Farmers of Alberta’s $48.2 million bid for AgraCity awaits court approval
SASKATOON — United Farmers of Alberta has been chosen as the successful bidder for the AgraCity Group of companies subject to final approval from the Court of King’s Bench.
AgraCity is a Saskatchewan-based crop input provider that was granted creditor protection by the court on Dec. 1, 2025.
Ernst & Young, the court-appointed monitor for the creditor protection process, has selected UFA as the successful bidder for the AgraCity assets, including the Genesis Fertilizer & Grain distribution centre at Belle Plaine, Sask.
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UFA bid $48.2 million for those assets. It was a “topping bid” that had to exceed all other bids by at least $2 million.
The transaction is subject to court approval. A decision is expected to be rendered on March 20 or March 23.
Why it Matters: Many farmers are still owed product by AgraCity.
UFA does not own or control any of the AgraCity assets and is not involved in the day-to-day operations of those companies until the transaction is approved and finalized.
Many farmers are still owed product that they paid for and did not receive.
“What was critical to UFA in the purchase proposal was to ensure that a substantial amount of the purchase price be allocated to satisfying farmer creditor obligations,” said a UFA spokesperson.
“It was really important to us to help farmers.”
Source: producer.com