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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 ...
In contrast, the primary focus of a plantation was the production of cash crops, with enough staple food crops produced to feed the population of the estate and the livestock. [4] A common definition of what constituted a plantation is that it typically had 500 to 1,000 acres (2.0 to 4.0 km 2 ) or more of land and produced one or two cash crops ...
A plantation economy is an economy based on agricultural mass production, usually of a few commodity crops, grown on large farms worked by laborers or slaves. The properties are called plantations. Plantation economies rely on the export of cash crops as a source of income.
Worldwide more human beings gain their livelihood from agriculture than any other endeavor; the majority are self-employed subsistence farmers living in the tropics [citation needed]. While growing food for local consumption is the core of tropical agriculture, cash crops (normally crops grown for export) are also included in the definition.
Uganda's main food crops have been plantains, bananas, cassava, sweet potatoes, millet, sorghum, corn, beans, and groundnuts. Major cash crops have been coffee, cotton, tea, cocoa, vanilla and tobacco, although in the 1980s many farmers sold food crops to meet short-term expenses. The production of cotton, tea, and tobacco virtually collapsed ...
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.
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Growing maize as a cash crop requires reasonable sale prices, low input costs (particularly fertilizer) and farmers having some financial reserves. Farm incomes were declining by 1976 and, from 1981 to 1986, the real value of Malawi maize producer prices fell to 40% to 60% of those of other Central and East African states.