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
FerrousExchange Inc (www.FerrousExchange.com) is providing the steel industry with the first global electronic exchange to offer real-time trading integrated with financial and logistics services. This exchange is a highly efficient e-commerce platform that facilitates the buying and selling of iron and steel products as well as the procurement of related services over the Internet. FerrousExchange, which has several prominent individual, institutional and industry investors, including Ispat International and Gibraltar Steel, currently has operations in New York, Pittsburgh, Singapore, London and Genoa.
- Industries: steel, metal
- Commerce Types: B2B
- Commerce Services: exchange, forward auction, request for quote
- Region: World
FuelSpot.com is a trading, exchange and community platform for gasoline, distillate and other refined petroleum products. The company's customers will include major oil suppliers, downstream oil companies, commodity traders, wholesalers and major chain retailers. FuelSpot.com's customers will be able to trade, exchange, buy or sell refined petroleum products, participate in an online auction for capital equipment, products and services for the downstream refined product industry, and access targeted content, including real-time trade pricing data.
- Industries: energy, oil and gas
- Commerce Types: B2B
- Commerce Services: exchange,
- Region: World
FXall.com is designed to aid corporate treasurers, money managers, hedge funds, central banks, and other institutional clients to meet their foreign exchange needs through an automated online process. FXall.com will let clients: Trade on competitive prices supplied by participating foreign exchange dealers; Access a range of products, including foreign exchange spot, forwards and option transactions; Enter orders online, route them appropriately, and monitor execution status; Query one site for the foreign exchange research and forecasts of partner firms; Capture the efficiencies of straight-through processing. We are committed to serving clients' needs through innovation and constant monitoring of changing market dynamics.
- Industries: currency
- Commerce Types: B2B
- Commerce Services: exchange, news, information
- Region: World
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