Once called “Green Gold,” ginseng is an ordinary-looking plant that grows on the shaded forest floor. Its value lies in its slow-growing root. For thousands of years, the Chinese have valued the ginseng root as the most potent herb and regenerative tonic. Since it was discovered in the U.S. almost 300 years ago, most ginseng has been exported to Asia.
According to North Carolina’s Horticultural Crops Research Station experts, “American ginseng has great potential as a small-scale cash crop. But growing ginseng is not a get-rich-quick scheme. By its nature, ginseng requires patience.”
Although it takes six years before the slow-growing ginseng roots are ready to harvest for the market, most growers sell seed and two-year rootlets to earn an income from their ginseng crop in the years before the harvest. At current ginseng prices, a half-acre ginseng patch could produce $100,000 worth of seeds, rootlets, and mature roots over those six years, or over $16,000 per year, as any ginseng grower will tell you, that beats growing most any other crop by a country mile!
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