What are the advantages of cash crop farming?

What are the advantages of cash crop farming?

► Cash crop farming is considered as an accurate method that has proven to raise affordable food in high quantities. ► It is profitable to the farmers and serves as a source of their sustenance. ► It gives employment where cash crops can be processed and promotes economic diversification.

Why are cash crops important?

Importance of This crops: The crops provide export product and employment opportunities and of course generates revenue for the nation. Cash crop requires extensive management of risk. The crops being an essential part of sustainable intensification as income generated with cash crops provides farm households.

What are the effects of cash crops?

Cash cropping may affect household food security in several ways (Longhurst 1987a). The shift to cash cropping may cause food prices to rise because of the transfer of land out of food production causing a decrease in supply or because of costly transport and marketing.

How are cash crops harmful to society?

The disadvantages associated with cash crop production is that vulnerable groups may experience food shortages, and the income and employment benefits of producing cash crops are not spread equally within households.

Are cash crops bad?

Cash crops caused drastic effects to the environment. Poor soil quality, loss of forests, sediment build up in waterways, and the list goes on and on and on.

What is a cash crop Give 4 examples of cash crops?

Cash crops are grown for direct sale in the market, rather than for family consumption or to feed livestock. Coffee, cocoa, tea, sugarcane, cotton, and spices are some examples of cash crops. Food crops such as rice, wheat, and corn are also grown as cash crops to meet the global food demand.

What are the advantages and disadvantages of cash crop farming?

Cash crop farming is beneficial for those who have large farms and can afford expensive equipment and fertilizers. However, it is not helpful for farmers with small plots. Like it?

How does a cash crop farmer make money?

In simpler words, cash crop farming is done by farmers to earn money in return for sustenance or to meet the family’s requirements. Also, an additional profit would be required for the next crop-related activity. That is, farmers have to borrow money from banks to purchase seeds for planting. Then, depending on the rise in market prices, they

How are the costs of cash crops determined?

Cash crop costs are majorly determined by the commodity markets with a global scope. However, there would be some fluctuations depending on the freight prices and local demand and supply. The climate is a factor that decides the growth of cash crops.

How are farmers able to repay their loans?

That is, farmers have to borrow money from banks to purchase seeds for planting. Then, depending on the rise in market prices, they sell the harvested crops. In this way, they are able to repay their loans only after the sale of their crops.