Malaysia is blessed with a tropical climate that is conducive for the growth of many commercially viable crops like oil palm, rubber, cocoa and pepper. For over 50 years now, agriculture has played a very significant role in the development of the nation’s economy. However, the United Nation’s Food and Agriculture Organization (FAO) is predicting that global competition between exporters of agricultural commodities will intensify over the next 10 years in both developed and developing countries. Stiff competition, combined with higher productivity from the farmers in the developed nations, will result in a sharp drop in real prices for many of these agricultural produce. Hence, farmers will have to make strong concerted efforts to improve efficiencies so as to maintain their profit margins.