Once called “Green Gold”, ginseng is an ordinary looking plant that grows on the shaded forest floor. It’s value lies in it’s slow growing root. The Chinese have valued the ginseng root for thousands of years as the most potent of herbs and as a regenerative tonic. Since it was discovered in the U.S. almost 300 years ago, most ginseng has been exported to Asia.
According to experts at North Carolina’s Horticultural Crops Research Station, “American ginseng has great potential as a small-scale cash crop. But growing ginseng is not a get-rich-quick scheme. By it’s nature, ginseng requires patience.”
Although it takes 6 years before the slow growing ginseng roots are ready to harvest for 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 that 6-year period, or over $16,000 per year. As any ginseng grower will tell you, that beats growing most any other crop by a country mile!
In part three of Golden Harvest, you’ll learn how to plant, grow, harvest and market ginseng. A complete resource list is included, with sources for seeds, rootlets and equipment, and where to sell your harvest. Click here to learn more.