AgEx.com is an Internet based e-commerce and content corporation with offices in San Francisco and Sacramento. Tailored to the global food trade community, AgEx.comÕs services include custom designed electronic exchanges for specific high-value agricultural crops. Each of the sites offers news and data reporting services. AgEx.com is designed as the umbrella organization for hundreds of crop-specific trading communities. Each is developed and implemented by a recognized industry expert, and with assistance from the trading community it serves. Each exchange floor provides a complete range of services including commodity-specific trading exchanges; on-line auction services; in-depth news and data reporting; and support services such as finance, insurance and logistics. AgEx.com members have the opportunity to bid, counter and execute the sale and purchase of agricultural products in a secure, neutral, virtual environment, 24 hours-a-day, seven days a week.
- Industries: agriculture, food
- Commerce Types: B2B
- Commerce Services: exchange, news
- Region: World
A Complete Marketplace For All Participants In Agriculture, Where Crop Producers And Livestock Farmers Can Come Together And Do Business Without Having To Step A Foot Off Their Farms.Farms.com was started in 1995 by cattle farmer Ben Zaitz. Zaitz grew up on a dairy farm and was dissatisfied as hard times hit the dairy business. He had a vision of creating," a complete marketplace for all participants in agriculture, where crop producers and livestock farmers could come together and do business without having to step a foot off their farms." Some of Zaitz's dairy business buddies poked gentle fun when he developed his first Web site called COW (Cattle Offerings Worldwide), which displayed classified ads for cattle. Not a lot of farmers were hooked up to the Internet four years ago. Now its estimated that up to 60% of family farms are online.COW has since become Farms.com, which provides an arena for real-time farm auctions and trading. Close to 100,000 farmers and people in agribusiness use this site every month. Millions of dollars in cattle, agricultural chemicals, pigs, feed & grain commodities, poultry and egg products, and animal healthcare products are traded every month.Forrester Research of Cambridge, Mass, a leading Internet analyst, in its report Resizing Online Business Trade, predicts that B2B (Business to Business) e-commerce will hit a total of $1.3 trillion by 2004, accounting for 9.4% of total U.S. business sales. Varda Lief, a senior analyst at Forrester specializing in e-commerce, says B2B transactions will far surpass business-to-consumer deals and dwarf giants like eBay and Amazon.com in revenue and sales.
- Industries: farming, agriculture, farm equipment, food, agriculture,
- Commerce Types: B2B
- Commerce Services: forward auction, business directory, news, exchange,
- Region: World
Marketplaces
