Flower farming is also a perfect home-based business that can be initiated with small startup capital. You must know the techno-commercial aspect of the crop that you are selecting for your farm. Classification of crops. ►Jatropha curcas is an example of a cash crop. For example, rice, corn, wheat, cotton and coffee. A cash crop is an agricultural crop which is grown for sale to return a profit. The plant to be grown can be decided mainly based on its marketability and profitability aspect. Some West African countries like Nigeria are widely into the cultivation of Tobacco, in South West Nigeria, tobacco is the most widely cultivated cash crop and the states include; Osun, Oyo, Kwara and Sokoto state. Garlic is easy to grow and it can be grown in many different soil types and climate. A cash crop is a crop that farmers grow for profit. Different variety of flowers is considered as profitable cash crop plants to grow. Tree crops. These characters are transmitted from one generation to another. Forestry. They are significant to the country’s economy. The seeds are sown at the beginning of monsoon season and harvested at the end of the monsoon season. Cotton is one of the most important fiber and considered as profitable cash crop plants to grow. Growing specialty crops is the perfect way to turn your gardening skills and knowledge into extra income. What was the main difference between the types of crops grown in the north and those in the south? A mushroom farming business can be a means of big profit in just a few weeks with considerably low start-up capital investment to start a business. You will need to protect the crop from thievery. All these names are used to help farmers all over the world understand crops, planting and harvest. Let’s take a look at these tree crops Agriculture plays a very important role in the Indian economy. Rice: It is the staple food crop in a majority of regions in the country. It is a rabi crop that requires 50-75 cm of annual rainfall. CASH CROPS: These are crops exported for income. Most crops are cultivated in agriculture or aquaculture.A crop may include macroscopic fungus … Additionally, you can initiate from home location with low startup capital. Saffron, Cardamom, Pure Vanilla beans, etc are considered the most profitable and commercial cash crops to grow. Types of Indian Cash Crops In India, Cash crops are divided into three major groups: Fibres: Fibre crops form the most important Indian cash crop and Jute is one of the notable Indian cash crops which accounts for the maximum profit among all the cash crops in India. They can grow up to four inches a day and you can harvest your bamboo forest for over 40 years. In starting the sunflower farming business, the primary requirement is the land. Cash crops (defined as farm output that is sold on a formal agricultural market) are an integral part of strategies to improve food security, both at the level of governments as well as farm households in developing countries with a substantial agricultural sector. Cactus is the most favorable item as a plant decor item. In … In earlier times cash crops were usually only a small part of a farm’s total yield. Details Upgraded techno-commercial aspects have made grapes one of the profitable cash crops plants to grow. The inclination of society towards cultivation. Having sufficient land an entrepreneur can start good quality vegetable farming with quality seed and fertilizers. Most of the cash crops grown in the developing nations are sold to the developed nations for a better price. Cash crops are sold, but some are not edible. In the United States, more than 90% of total farmlands are handled by small farm owners. This is despite the fact that the hidden marijuana trade in Mexico has financed gang warfare responsible for the death of 40,000 Mexicans between 2006 to 2011. Crops. Find below, some of the best cash crops that a small farm owner can grow to make high profit: Lavender is considered as a profitable cash crop plants to grow globally. Selecting the right variety is important in garlic farming. The crop and the variety to be grown should be selected based on their adaptability to the prevailing conditions on the farm. These include the likes of cocoyam, cassava, yams and sweet potatoes. The main cash crops of the country are cocoa and oil palm. It is one of the fastest-growing plants in the world. However, a few crops like the Rhodiola rosea, a medicinal herb grown here, is sold as a cash crop with its demand exceeding supply under the present conditions. Crops. It is used for the production of biofuel. It is typically purchased by parties separate from a farm. rubber tree. It grows well in alluvial soil. Beverage crops: these are crops that produce food drinks. Growing cash crops in lands where food is traditionally grown can have a profound impact on food security (Tshirley and Thieraut, 2013). Major Cash Crops of India are sugarcane, tobacco, cotton, jute and oilseeds etc. Value-added plant selling is just selling specialty plants in a decorative manner. Generally, tea plants typically fare best in acidic soil and regions with heavy rainfall (around 40 inches per year), although they can be grown anywhere from sea level to altitudes as high as 1.3 miles above sea level. Even pests impact crop production, often with negative implications. Several cash crops such as opium, cannabis, poppies, coca are sold in the black market. A cash crop or profit crop is an agricultural crop which is grown to sell for profit. There are a number of food crops grown in the country. Growing sunflowers for oilseed with maintaining the right process is a viable … Lavender needs full sun, cold weather with maximum humidity. Most of the cash crops grown in the developing nations are sold to the developed nations for a better price. Growing medicinal plants commercially is one of the profitable agriculture business ideas. Identifying and selecting the profitable cash crop plants to grow is the most crucial factor in a successful commercial farming business. Cassava, sweet potatoes, taro, yams (all root crops) supply food energy to millions of people in the world, especially to the people of tropical Africa and Central America. Growing sunflowers for oilseed with maintaining the right process is a viable business opportunity. Crop and variety selection is the first consideration in starting or developing the farm. It provides the basic raw material (cotton fiber) to the textile industry. Based on the seasons, crops can be classified into Kharif, Rabi and Zaid. Commercially ginger is found in various forms like dry ginger, raw ginger, blanched ginger, ginger oil, ginger candy, ginger beer, etc. ►A well-known global cash crop is coconut and it is grown in over 80 countries having a climate suitable for its growth. Monocropping or sole cropping, which is the growing of a single crop on a piece of land, is common with cash crop farming while subsistence farming usually practices multiple cropping or mixed cropping. Pulses: India is the largest consumer and producer of pulses in the world. Such crops require a lot of water and hot weather for proper growth. Cash crops are grown for direct sale in the market, rather than for family consumption or to feed livestock. Rice is a Kharif crop that requires high temperature, heavy rainfall and high humidity for proper growth. Additionally, it is one of the profitable cash crop plants to grow. Horticulture plants like fruits and vegetables are the commercially profitable cash crop plants to grow. Such crops are grown between the Kharif and Rabi seasons, i.e., between March and June. You will need to decide on the farming method. Our aim is to educate the entrepreneur on the various stages of entrepreneurship. The tea-growing business has huge potential and demand for the product is increasing globally. Choosing the right variety as per your climate and soil is important in getting success in the flower farming business. The areas with less rainfall use irrigation for rice cultivation. Most of the crops grown today worldwide are cash crops cultivated for selling in the national and international markets. Coffee, cocoa, tea, sugarcane, cotton, and spices are some examples of cash crops. Tree Crops - (e.g. Millets: The important millets grown in the country include jowar, bajra and ragi. The remaining one or two per cent. The demand for grapes by the wineries is increasing rapidly worldwide. Agriculture in the West started with Peter Pond gardening plots at Lake Athabasca in 1778. You can get information from the neighboring farmers who are already in the same crop farming. Cash Crops Of The Arctic: The large-scale cultivation of crops for commercial purpose is usually not possible in the harsh Arctic conditions. Cotton and tobacco are examples of non-edible cash crops. They grow besides strawberries, turnips, corn, potatoes, carrots and raspberries for cash crops. Low Cost Small Business Ideas and opportunities for beginners, How to Start a Profitable Mushroom Farming Business, How to Start a Profitable Cactus Arrangements Business, How To Start Goat Farming Business with Low Investment, How To Start Piggery Business | Pig Farming Business Plan Guide. However, they are also often market partly or as a whole. They are used to make cocoa drinks and chocolates. Namely, Kharif and Rabi. There is a good demand for Christmas trees, especially in the holiday season. Sugarcane is one of the highest yield crops. The most popular are the oil products (one of them is olive palm), but the non-oil crops are in demand too. Traded commodities are commonly exported. coffee, oil palm, sheanut, rubber and coconut-) These have a tax holiday of 10yrs from date of first harvest. Although large-scale agriculture was still many years off, Hudson's Bay Company traders, gold rush miners, and missionaries cultivated crops, gardens and raised livestock. Security is another aspect, you must consider carefully. It plays a dominant role in the industrial and agricultural economy. Examples are coffee and tea. The main factor to profitability with these crops is to know which varieties perform best under the growing conditions in a particular area. Let us take a look at these. Breeders incorporate maximum desirable characters in the crops to obtain a new hybrid variety. In developing countries, many traditional farmers continue to adopt their old farming practices. A crop is a plant or animal product that can be grown and harvested extensively for profit or subsistence. This time we will not talk much about types of crops based on economic importance or number of cotyledons. For those looking to diversify, here are some high earning specialty cash crops to consider growing: Lavender: Able to grow in a variety of climates, lavender is a slam dunk for a number of reasons, not least of which because it fetches a nice price (a quarter-acre produces around $18,000, when sold in bunches). Crops are plants grown by the farmers. Simply the crop to be selected must be high yielding. Some of the profitable herbs are Chives, Cilantro, Oregano, Chamomile, etc. Breeding varieties for increased yield or pest resistance by human inventions. It is the backbone of our country. Coconut and its derivatives are widely used in cooking, and in making soaps and cosmetics. 10% of total consumption) is in form of flour for baking, snack foods and porridge/polenta, as grit for brewing, snacks , breakfast cereals as well as starch and starch hydrolysed derivatives such as glucose syrups and other sweeteners, to a lesser extend in maize oil (from: Genetically Modified Crops. Your email address will not be published. As you can see, cash crops are cultivated all over Nigeria. But in developed countries, intensive cultivation and mechanized farming are common. They are the smallest of the salad greens and can be grown from almost any plant variety that would produce a mature plant, such as beet, radish, or mustard. This is ideal for tabletop gardens, and many plants can coexist happily in the same container. The desirable characters include: Resistance to drought, flood, and salinity. Data shows a Chrismas tree farm owner makes more than a 200% profit margin selling Christmas trees. are produced on farms or plants where chicken culture is the cash crop or chief business of the farmer. You can start farming from your home with moderate capital investment. Bamboo is one of the most widely used landscaping plants. Whether you will go for purely crop farming or integrated with livestock animals. Creating and selling cactus arrangements is a very profitable and self-rewarding business to start. In selecting the profitable cash crop plants to grow, you must consider the marketability and financial viability of that particular plant. Sugarcane is a long duration crop and it encounters all the seasons such as rainy, winter, and summer during its life cycle. Unlike commonly grown crops like grain and vegetables, specialty crops are not widely grown and bring higher prices for growers. The number of human resources available for cultivation. Climate also plays a major role. It is the major occupation in the rural areas. Coffee, tea, cocoa, cotton, and sugarcane. Sugarcane is one of the highest yield crops. Selecting the right herb and creating the right marketing strategy is the most crucial factor in herbs farming. A thorough inspection of climate, biotic factor, and topographic features are important. Sunflower. The 3 cash crops in the middle colonies were rice, indigo, and tobacco. What are they? Ginger is considered as a profitable commercial cash crop plants to grow. The crops that are grown in the winter season and harvested in the spring are called Rabi crops. The name “Rabi” means “spring” – a word derived from Arabic. An entrepreneur passionate about agriculture and having its own land can start a sunflower farming business. Having sufficient land and knowledge about the herbs marketing, an entrepreneur can initiate medicinal herbs farming with moderate capital investment. Crops can be horticultural, agronomic or cash. Cash crops are usually exported to various countries. Please consider supporting us by disabling your ad blocker. Such crops require a warm climate for the germination and maturation of seeds. We use the term ‘cash crops’ for plants, but … The crops are of the following types depending upon the season in which they are grown: The crops which are grown in the monsoon season are known as Kharif crops. They, however, require a cold climate for their growth. In the least … The human population depends upon crops for their food production. Strictly speaking, however, a cash crop may be sold at home or abroad and may be either a food or non-food commodity, whereas an export crop is a cash crop that is ultimately exported from the country producing it. The factors affecting the production of crops include: The genetic makeup decides crop growth and production. Often the terms "cash crops" and "export crops" are used synonymously. 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A cash crop is the one that is cultivated to be sold in the market to earn profits from the sale. 70% of the Indian population depends on agriculture for food and money. Cotton is a major fibre cash crop in India. 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. Cash Crops Of The Temperate Zone: A large number of cash crops are grown in the … Class 8: Science: Crop Production and its management: types of crops Crop selection is … Such crops have a market price that is set at the global level. These are leguminous crops and help in improving soil fertility by fixing atmospheric nitrogen. ►Black market … Two major types of crops grow in India. They are highly nutritious and are known as coarse grains. Most of the crops grown today worldwide are cash crops cultivated for selling in the national and international markets. Our website is made possible by displaying online advertisements to our visitors. Required fields are marked *. Among the four types of cash crops, fruit had the highest areal increase (173.2 ha), followed by mulberry (126.5 ha), tea (125.3 ha) and nursery (116.3 ha). Wheat: It is the most important cereal crop in the north and north-western parts of the country. Maize, groundnuts and sweet potatoes are cash crops, but these are also eaten with cassava. A crop is a plant that is cultivated or grown on a large scale. Thank you very much, I real lent more things about crop. ►Wheat, rye, corn, oats, barley, rapeseed, mustard, potatoes, rice, millet, apples, oranges, cherries, coffee, cotton, strawberries, raspberries, soy beans, tea, etc., are some common examples of cash crops. Wheat, gram, and mustard are some of the Rabi crops. For more details on Crops and related topics, visit the BYJU’S Biology website or download the BYJU’S app for further reference. 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Its own land can start farming from your home with moderate capital investment soil conditions of... Started with Peter Pond gardening plots at Lake Athabasca in 1778 growing sunflowers for oilseed maintaining! Cassava, yams and sweet potatoes with cassava Indian economy a few examples of cash crops are transmitted from generation. And are known as edaphic factors and include the likes of cocoyam cassava! Old farming practices four inches a day and you can see, cash crop plants to.. The plant to be grown can be initiated with small startup capital aim is to educate entrepreneur. Its marketability and profitability aspect profit margin selling Christmas trees, especially in the black market, and...