WINNIPEG, MANITOBA--Agricore United announced today that UGG had a seasonal net loss of $6 million for the first quarter of the 2002 fiscal year. United Grain Growers Limited and Agricore Cooperative Ltd. combined on November 1, 2001 to form a company which operates as Agricore United. Because the merger was not effective until November 1, 2001, these first quarter results as at October 31, 2001 represent only the operations of United Grain Growers.