You are viewing a single comment's thread from:
RE: Growing American Ginseng: What You Need To Know
Well that's timely. I just planted two packs of ginseng seeds. A woman nearby gives them away to promote people growing them. She told me 95%of the ginseng cultivated goes to Red Bull drinks and only the wild ginseng is expensive since it takes many many years to get big roots. However some of the largest wildnones found sell to Chinese buyers for thousands of dollars! Seems like most of the wild ginseng has been cleaned out in our area.
WOW! I wonder how much is the actual going price then.
I was thinking it would be good for my herbal teas and add a zippy flavor like ginger does.
The price of wild ginseng roots has climbed in the last decade. Now domestic buyers pay $500 to $600 per pound compared with about $50 per pound of cultivated roots. Source
That was 2012 and I understand it's more now.
WOW! That is amazing!
I can't believe those numbers! From 6 years ago too!