Wednesday, December 30, 2009

Livestock sales in Uruguay find Web success

Translated by Brian Schwarz

Originally published December 30, 2009 in "Espectador" of Montevideo, Uruguay (espectador.com) under the heading Camponegocios: buenas ventas

MONTEVIDEO, URUGUAY - Camponegocios.com closed its first month of operations with 97 percent of its supply sold. The livestock-trading portal sold in one month nearly 1,000 heads of cattle.

The first Web portal for the buying and selling of cattle and sheep closed its first month of business Thursday, December 24 with more than 300 authorized businesses.

The total amount [earned] from operations was more than $200,000.

Shares [listed on the site] sold within an average of 10 days, marking a great achievement regarding transaction speed for Camponegocios.com. On December 24 Camponegocios fulfilled its fastest transaction to date, selling a batch of cattle within two hours.

Manager of Camponegocios.com, Fabián Artigue, said that “without a doubt, this makes [one] believe that these transaction speeds and the security of authentications are here to stay”.

Producers from diverse parts of the country participated in Camponegocios’ first month of operations. The departments most active in the purchase of livestock via the portal were Río Negro, Salto, Paysandú, Durazno, Maldonado, Lavalleja, and Flores, among others.

Artigue said that “beyond the numbers, the important thing is that users are able to experience the speed, security and efficiency of the system”.

Moreover, during this first month of operations, Camponegocios made presentations to various cooperatives throughout the country, giving more than 500 producers the opportunity to get to know this new portal.

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