Today, the world uses more cotton than any other fiber and it is a leading cash crop in the United States. Subsistence farms provide a source of food and a relatively small income for families, but generally fail to produce enough to make re-investment possible. A 2002 report by Oxfam indicated that in West Africa, 'cotton is a vital cash crop... it provides income for spending on everything from health and education to the purchase of tools and building equipment.' These crops include coffee, tea, sugarcane, cotton etc. One example is the SCOPE methodology,[19] an assessment tool that measures the management maturity and professionalism of producer organizations as to give financing organizations better insights in the risks involved in financing. By the late eighteenth century, revolutionary inventions in the English textile industry began the process that would transform the American South into the "cotton kingdom." The views expressed in the articles published on this site may not necessarily reflect those of the trust, its trustees or its staff. These farms, typically operated by large corporations, cover dozens of square kilometres and employ large numbers of laborers. The best soil for cotton cultivation is Black Cotton Soil.The most important cotton growing regions in India are Gujarat,Maharashtra,Punjab,Haryana,Bihar,Andhra Pradesh,Karnataka,Tamil Nadu. Rather, it's one action every ethical consumer should take, Cotton is a cash crop, but buy organic and help farmers escape poverty. How much of the final price for any commodity goes to those most in need of it? It requires moisture for a short period but water logging for a longer period can destroy the crop,” said Swain. Cash crop farming refers to a type of farming where agricultural crops are grown for the purpose of sale or to make profits, instead of subsistence or barter. [citation needed] For example, in Burkina Faso 85% of its residents (over two million people) are reliant upon cotton production for income, and over half of the country's population lives in poverty. [20] The study also estimated cannabis production at the time (in 2006) to be valued at US$35.8 billion, which exceeded the combined value of corn at $23.3 billion and wheat at $7.5 billion. With eight production regions around Texas, and only four geographic regions, it is the state's leading cash crop. In the United States, cannabis is considered by some to be the most valuable cash crop. Find out about our mission, and our team, here. Cotton (Gossypium hirsutum L.) is an important cash crop in Nigeria. Cotton, a major cash crop of country is facing immense challenges as its output has been on decline from last many years and the production is feared to be further reduced during current season as last spell of torrential rains and flash floods in Punjab and Sindh have damaged the crop standing over thousands of hectares. Cotton has been called a cash crop because, in the majority of cases, cotton was (and is) grown specifically for the purpose of being sold. How much can we trust the big brands to do the right thing – and indeed, who enforces voluntary ethical standards? The conventional farmer (often a man, as the health risks for women are too great for communities to take) cannot eat it and so has to sell it at a profit if it is to be sustainable, environmentally and economically. (September 2, 2010). Cotton occupies a relatively small percentage (3%) of 3 Economic Conditions After the War During the Civil War, many peoples savings were tied up in Confederate bonds. Is cotton a crop plant? Crop rotation and inter-cropping not only improves food security in farm families, but also increases the fertility of the soil, improving subsequent crop yields; reduces risk of total income loss if a particular crop performs poorly, and diversifies the farmer's income, as any surplus food can be sold on the local market. However, the production cost of cotton has risen over the years, while the returns have remained almost stagnant, turning cotton into a cash crop in name only. The state’s cotton farmers also produced more than 150,000 tons of cottonseed. Coconut palms are cultivated in more than 80 countries of the world, with a total production of 61 million tonnes per year. Cotton quickly eclipsed tobacco, rice, and sugar in economic importance. Its profit are called cash crops, basic commodities that are is cotton a cash crop differentiate. Considered easily marketable, as wheat or cotton the most convoluted of all is also known dumping. 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