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A cash crop, also called profit crop, is an agricultural crop which is grown to sell for profit. It is typically purchased by parties separate from a farm . The term is used to differentiate a marketed crop from a staple crop ("subsistence crop") in subsistence agriculture , which is one fed to the producer's own livestock or grown as food for ...
Between 1930 and 1942, the United States' share of world soybean production grew from 3% to 47%, and by 1969 it had risen to 76%. By 1973 soybeans were the United States' "number one cash crop, and leading export commodity, ahead of both wheat and corn". [8] Although soybeans developed as the top cash crop, corn also remains as an important ...
The production of corn (Zea mays mays, also known as "maize") plays a major role in the economy of the United States. The US is the largest corn producer in the world, with 96,000,000 acres (39,000,000 ha) of land reserved for corn production. Corn growth is dominated by west/north central Iowa and east central Illinois. Approximately 13% of ...
cash crop. Also profit crop. Any crop that is grown so that it can be marketed and sold for profit, as opposed to a subsistence crop, which is grown for the grower's own use. While historically cash crops have often been only a small part of a farm's total yield, almost all modern crops in developed nations are grown primarily for revenue ...
Intensive crop farming is a modern industrialized form of crop farming.Intensive crop farming's methods include innovation in agricultural machinery, farming methods, genetic engineering technology, techniques for achieving economies of scale in production, the creation of new markets for consumption, patent protection of genetic information, and global trade.
Corn is the most valuable crop in Kansas – in 2022, farmers collected $3.6 billion from corn, at $7.2 a bushel, according to the U.S. Department of Agriculture. That’s $1.5 billion more than ...
Industrial crops: cotton, sugarcane, tobacco, groundnut, castor, gingelly, tapioca, etc. Food adjuncts: food and industrial use, no distinct demarcation; spices, condiments, beverages, and narcotics. It is also possible that one crop which has been included as a food crop may be figured as an industrial crop; for example maize or tapioca.
In the quest to find great investments, most investors focus on earnings to gauge a company's financial strength. This is a good start, but earnings can be misleading and incomplete. To get a ...