Cash Crop is a crop that is grown mainly to be sold, rather than used by the people who grew it or those living in the area it is grown. It is typically purchased by parties separate from a farm. It 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. 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.
Cash Crop
