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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 ...
The crop-lien system was a way for farmers, mostly Black, to get credit before the planting season by borrowing against the value of anticipated harvests. Local merchants provided food and supplies all year long on credit; when the cotton crop was harvested farmers turned it over to the merchant to pay back their debt.
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.
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.
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 ...
Nevertheless, recent investment from foreign companies has resulted in cash crop production rising since 2006 with the percentage of households producing them doubling from 28% in 2006 to 46% in 2009 and 55% in 2012. [4] The main cash crops are rubber, coffee, and cocoa.
The Cultivation System (Dutch: cultuurstelsel) was a Dutch government policy from 1830–1870 for its Dutch East Indies colony (now Indonesia). Requiring a portion of agricultural production to be devoted to export crops, it is referred to by Indonesian historians as tanam paksa ("enforced planting").