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|Articles - January 2010|
|Thursday, December 17, 2009|
Randy Morrow comes from a long line of farmers, so he knows first-hand the difficulties they face with shifting markets for crops. Every season farmers must contend with this as they look for the best outlet for their produce. But Morrow hopes to ease some of that uncertainty with his new family business called eProduceSales.com.
His idea began in 2008, growing out of his experience with his family-owned, Portland-based grocery and produce businesses. He says his online site is a central resource for buyers, wholesalers, retailers and farmers to help direct produce to where it is needed best.
“We thought, ‘Let’s bring the Internet to fresh produce industries,”’ he says.
His model is simple: Growers and wholesalers sign up for one of three fee-based memberships based on monthly transactions. Members then list the quantity and quality of their commodities, post a picture, and wait for customers to purchase at agreed-on prices or enter into auctions. “All we need are price, quantity and USDA grade,” says Morrow. “We liken it to eBay for large-scale business-to-business trading.”
Produce transactions are traditionally based on established relationships, but Morrow says growers now can sell perishable produce more efficiently. Buyers and sellers both benefit by finding new markets and suppliers, reducing the potential for produce rotting in the field , or empty shelves at the store.
A few companies like California-based AgriWorld Exchange have tried a similar approach before, but Morrow says his model is the only one that allows buyers of produce to shop for free on his site while they peruse batches of produce through the site’s photos. “If you go to our site you can immediately buy, say, 500 pounds of basil,” says Morrow. “And you don’t have to be a member.”
eProduceSales won a Gorge Angel Investor Network competition in May, resulting in a $105,000 investment and a move from Portland to Hood River.
Morrow says his company began its first marketing campaign in early September and brokered between $25,000 and $30,000 in produce during their first month of operation. As of early December, the site had around 45 members and more than 1,000 separate buyers.
Morrow is happy so far with the company’s growth through connecting sales points for individual produce runs, but he has an even bigger goal. “What we’d like to move toward is entire fields and crops,” he says.
WILLIAM E. CRAWFORD
Wednesday, June 03, 2015
As part of our green workplaces story, Oregon Business checked out a community service project undertaken by Portland Youth Builders, a nonprofit alternative high school. In partnership with Whole Foods, PYB built garden boxes for a Home Forward housing site. Home Forward is a government agency that provides housing for low income residents and people with disabilities.
Thursday, July 30, 2015
Activists have suspended themselves from the St. Johns Bridge in Portland, slowing an icebreaker's departure for the Arctic.
Friday, July 10, 2015
BY JACOB PALMER
Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.
Monday, July 13, 2015
BY KIM MOORE
Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened its third Portland store in the Cedar Mill neighborhood this year; another outpost in Bend broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
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