What does cash crop mean?
Definitions for cash crop
cash crop
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cash crop.
Princeton's WordNet
cash cropnoun
a readily salable crop that is grown and gathered for the market (as vegetables or cotton or tobacco)
Wiktionary
cash cropnoun
Any crop that is grown for sale rather than for personal food or for feeding to livestock
Wikipedia
Cash crop
A cash crop or 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 marketed crops from staple crop (or "subsistence crop") in subsistence agriculture, which are those fed to the producer's own livestock or grown as food for the producer's family. In earlier times, cash crops were usually only a small (but vital) part of a farm's total yield, while today, especially in developed countries and among smallholders almost all crops are mainly grown for revenue. In the least developed countries, cash crops are usually crops which attract demand in more developed nations, and hence have some export value. Prices for major cash crops are set in international trade markets with global scope, with some local variation (termed as "basis") based on freight costs and local supply and demand balance. A consequence of this is that a nation, region, or individual producer relying on such a crop may suffer low prices should a bumper crop elsewhere lead to excess supply on the global markets. This system has been criticized by traditional farmers. Coffee is an example of a product that has been susceptible to significant commodity futures price variations.
ChatGPT
cash crop
A cash crop is a type of crop that is grown by farmers for the purpose of selling it for profit rather than for personal consumption or use. These crops are typically in high demand in local or international markets. Examples of common cash crops may include coffee, tea, tobacco, cotton, and various types of fruits and vegetables.
Wikidata
Cash crop
A cash crop is an agricultural crop which is grown for sale, for profit. It is typically purchased by parties separate from a farm. The term cash crop is applied exclusively to the agricultural production of plants; animal agriculture is not a part of the terminology. The term is used to differentiate marketed crops from subsistence crops, which are those fed to the producer's own livestock or grown as food for the producer's family. In earlier times cash crops were usually only a small part of a farm's total yield, while today, especially in the developed countries, almost all crops are mainly grown for revenue. In least developed countries, cash crops are usually crops which attract demand in more developed nations, and hence have some export value. Prices for major cash crops are set in commodity markets with global scope, with some local variation based on freight costs and local supply and demand balance. A consequence of this is that a nation, region, or individual producer relying on such a crop may suffer low prices should a bumper crop elsewhere lead to excess supply on the global markets. This system has been criticized by traditional farmers. Coffee is an example of a product that has been susceptible to significant commodity futures price variations.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of cash crop in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of cash crop in Pythagorean Numerology is: 2
Translations for cash crop
From our Multilingual Translation Dictionary
- cultivo comercialSpanish
- rahakasviFinnish
- colheita de dinheiroPortuguese
- 经济作物Chinese
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"cash crop." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/cash+crop>.
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