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Cotton is a significant cash crop. According to the National Cotton Council of America, in 2014, China was the world's largest cotton-producing country with an estimated output of about one hundred million 480-pound bales. [1] A cash crop, also called profit crop, is an agricultural crop which is grown to sell for profit
The following list, derived from the statistics of the United Nations' Food and Agriculture Organization (FAO), lists the most valuable agricultural products produced by the countries of the world. [1] The data in this article, unless otherwise noted, was reported for 2016.
Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat. Products with more evenly distributed production see more frequent changes in the ranking of the top producers.
Plantation economies rely on the export of cash crops as a source of income. Prominent crops included cotton, rubber, sugar cane, tobacco, figs, rice, kapok, sisal, Red Sandalwood, and species in the genus Indigofera, used to produce indigo dye. The longer a crop's harvest period, the more efficient plantations become.
New World crops are those crops, food and otherwise, that are native to the New World (mostly the Americas) and were not found in the Old World before 1492 AD. Many of these crops are now grown around the world and have often become an integral part of the cuisine of various cultures in the Old World .
Almonds, grown along the southern and the eastern coasts, emerged as another important Spanish cash crop. [2] Almost half of the 1985 crop was exported, approximately 70 to 75 percent of it to EC countries. [2] The "sea of plastic" - greenhouses covering 20,000 ha of the Campo de Dalías around El Ejido and Roquetas de Mar in southern Spain.
In the popular Facebook game, FarmVille, it takes some serious number crunching to figure out which crops will yield the biggest bucks, taking you from the farm leagues to the big leagues.
The high European demand for tobacco led to a rise in the value of tobacco. The rise of value of tobacco accelerated the economic growth in America. The cultivation of tobacco as a cash crop in America marks the shift from a subsistence economy to an agrarian economy. Tobacco's desirability and value led to it being used as a currency in colonies.