Now we will read about the most profitable crops in the world. Insider Monkey has recently published an interesting article about it giving you some advice if you are planning to grow something, but you don’t know what. Although some of the most profitable crops for greenhouse can be grown almost anywhere in the world, it is important to consider topographic features such as climate type, humidity and physical and chemical properties of the soil. Due to these factors, most profitable cash crops around the world differ and what is considered to be a high profit cash crop in India might not be a high profit cash crop in America. Even in India, most profitable cash crops vary depending on the location and climate. In some areas, most profitable crops include rice, daal (lentils) and cotton while in other parts of India farmers earn a lot of my by growing flowers.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked two of the most profitable crops in the world from their list.
The first idea is tomatoes. You are probably wondering how tomatoes ended up on our list of most profitable crops in the world when the average price per pound is around $3. Tomato yields per acre are very high, and profit per acre in 2002 was $45,000. In 2003 it was $27,000, according to New Leaf records.This fluctuation shows how hard it is to give exact predictions on harvest and amount of tomatoes you farm can produce. Western Farm Presspublished a very interesting article about a phenomenon in California in 2009 when yields per acre were as high as 75-80 tons. Do your math, and it will become clear why we put tomatoes on our list of most profitable crops in the world. The second one is Fingerling Potato. Fingerling potatoes are a new trend around the world. As a potato lover, I have to say that these small potatoes are absolutely delicious and easy to prepare since it takes less time to prepare them and there is no waste (forget about peeling them). Demand for fingerling potatoes is growing every day (partly thanks to various cooking shows) which means that you can easily find customers for your products especially if you decide to grow organic potatoes.
For any further useful information, read Insider Monkey’s article about 15 most profitable crops in the world.
