Robustness of Industrial Crops in High Production Cost Agricultural Systems  Dealing with Market Flux

Calum R Wilson

doi:10.4172/2167-0412.1000e150

Abstract

Industrial or extractive crops are agricultural crops grown primarily for an extractive commodity and are important economic components of many agricultural production systems [1]. They provide novel plant based products for a wide range of uses. These crops are generally regarded as high value per production land area crops and can provide a significant income stream to producers. Furthermore the requirement for additional processing creates additional economic activity, industrial development and associated employment and adds significant value to the saleable products.

Highlights

Industrial or extractive crops are agricultural crops grown primarily for an extractive commodity and are important economic components of many agricultural production systems [1]. They provide novel plant based products for a wide range of uses. These crops are generally regarded as high value per production land area crops and can provide a significant income stream to producers
The State of Tasmania in Australia provides a classic example of this latter scenario
Tasmania has a limited area of productive land in comparison to most of the other Australian States and average agricultural land costs are some of the highest in the country

Summary

Introduction

Industrial or extractive crops are agricultural crops grown primarily for an extractive commodity and are important economic components of many agricultural production systems [1]. These crops are generally regarded as high value per production land area crops and can provide a significant income stream to producers. In developed nations; especially in regions where land prices, labour, fuel and other input costs are high; these crops can be very important components of farming systems providing superior returns per land area unit on farm.

Results

Conclusion