List of most valuable crops and livestock products Crop or Livestock Global gross production value in billion US$ Country with highest gross production value in billion USD Chicken, meat $192 $27.4 (United States) Maize (corn) $191 $61.2 (Mainland China) Wheat $168 $50.7 (Mainland China) Soybeans $107 $40.7 (United States) 46 baris lainnya
Category: Which farming can make you rich?
Raising just a few heads of cattle each year can provide you with a good bonus income since beef and dairy products are always in demand. 1 – Cattle. With a massive market for beef in the U.S. and Canada, raising cattle is at the top of the list for livestock. … 2 – Chickens. … 3 – Goats. … 4 – Bees. … 5 – Rabbits.
Under section 10(1) of the Income Tax Act, 1961, agricultural income is exempted from tax. Any proceeds from rent, revenue or transfer of agricultural land and incomes from farming are considered as agricultural income under the law. 8 Apr 2022