17 February 2000
IT group to link farms to grocers

SCT, a US provider of e-commerce software, is planning to provide a service for food manufacturers linking the farm to the grocery store.

It has formed an alliance with ecFood.com, a US internet marketplace catering to the food industry.

The two companies hope through the alliance to develop the growing market for business-to-business online auctioning.

Analysts estimate the food and crops segment of the market, valued at $3 billion in 1999, could grow to $13bn (8bn) by 2001.