Cash crop
A cash crop or profit crop is an agricultural crop which is grown to sell for profit. this is the 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 commonly only a small but vital part of a farm's sum yield, while today, especially in developed countries as well as among smallholders near all crops are mainly grown for revenue. In the least developed countries, cash crops are ordinarily crops which attract demand in more developed nations, in addition to hence form some export value.
Prices for major cash crops are nature 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 dispense 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.