A December 31st column written by Darin Newsom, The Progressive Farmer DTN Senior Analyst explains that December 31, 2010 is the end of the 5th Power. He says that means in market terms, Friday’s holiday-shortened session marks the end of the week, the end of the month, the end of the quarter, the end of the year, and the end of decade. Or as he stated, the “end of” to the fifth power. He then asks for you to think about where you were on New Year’s Eve, 2000. “Celebrating that night, how many of you thought that the next ten years would see commodities become — and this is still difficult for me to write — a much respected, long-term investment opportunity?”
If I take this perspective and apply it to EcoCommerce, I would have to say that when you were celebrating on New Year’s Eve on December 31, 2010, how many of you thought that the next ten years we would see ecoservices become commodities that are much respected by agricultural producers and are considered a long-term investment by both government and capitalists.
EcoCommerce 101 