QA

Question: Where To Sell Ginseng In Ohio

How much is ginseng worth in Ohio?

The current going rate for a pound of wild dry, mature ginseng — which can be sold to one of Ohio’s roughly 60 permitted ginseng dealers — ranges from $300 to $500, and the root has fetched up to $1,000 per pound in previous years. One pound of dry ginseng can hold more than 300 roots.

How do I sell ginseng?

There are three main ways to sell ginseng roots. First is to sell directly to wholesale buyers. This gets you paid right away, and you can sell right out of your backyard nursery. Second is to sell to out-of-state buyers.

When can you sell ginseng in Ohio?

The harvest season for wild ginseng in Ohio is September 1 to December 31. Fresh ginseng may be sold beginning on September 1, and dried ginseng may be sold from September 16 to March 31.

What is the going price of ginseng?

DNR records indicate that over the last 10 years, annual wild ginseng prices have ranged from $250 to $880 per pound, with an average annual price of $483 per pound. The baseline price used for this analysis is $480.

How many ginseng roots does it take to make a pound?

One pound of “wet” ginseng dehydrates to about a third of a pound of dry. The average price paid for the 2019-20 season was $550 per pound for dry and $160 per pound for green. It takes almost 300 roots to make one pound of dry ginseng.

Can ginseng be found in Ohio?

It is a plant that can be found throughout Ohio, but its populations are often small and scattered. Ginseng has long been valued for its medicinal qualities.

How much can I sell my ginseng for?

After a few years of growing ginseng, you should have about 100 pounds of seed each year for every half-acre of ginseng you’ve planted. That same space of land should have about 500 pounds of roots, which are selling for $300 to $600 a pound.

How much is an acre of ginseng worth?

The ginseng market varies from year to year, but when the price is high it’s possible to net up to $50,000 per acre. There is one drawback: it takes from five to 10 years for the roots to reach a marketable size.

Which state produces the most ginseng?

More than 90% of the cultivated ginseng grown in the United States is grown in Wisconsin, and 90 to 95% of Wisconsin-grown ginseng is produced in Marathon County.

Can you harvest ginseng on public land?

Removing a wild ginseng plant or its parts from National Forests without a permit or outside of the legal harvest season is considered theft of public property.

What time of year is ginseng harvested?

Ginseng berries may contain 1 or 2 or more seeds per berry. The berries typically turn red in the fall. Some plants may produce red berries sooner; some produce later. Legal harvest is in the fall the allow for more berries to ripen and allow the seeds to have the best opportunity for future germination.

How do you get certified for ginseng?

Wild American ginseng roots must be certified by the State or Tribe where the roots are harvested before they can be transported out of the 9 Page 11 State. To obtain contact information for specific State or Tribal regulatory agencies, visit http://www.ahpa.org/ GinsengStewardship.

What is the most sought after ginseng?

The most valuable grade is “wild” ginseng. Known by its gnarled, striated appearance, and often decades old, it’s considered the most potent and is most coveted by buyers. Thirty-year-old wild root brings in several thousand dollars a pound.

Why is ginseng worth so much money?

It is very rare and it is in very high demand. It only grows in a few places, and it must grow for four or more years to be valuable. It doesn’t reproduce rapidly. It has been a ‘cash crop’ in the United States for decades – you can make a lot of money roaming through the woods and finding these plants.

How long does it take for ginseng to become mature?

Seeds of the deciduous plant will germinate in the year following planting and plants over a year old will often flower and produce red berries, from which seeds may be harvested, but the valued part of the ginseng plant is the root, which reaches maturity only after 5 to 10 years and after it has developed three or.

Where does ginseng grow the best?

The most favorable temperature and soil moisture conditions generally are associated with north or east facing slopes with at least a 75 per cent shade canopy. The best shade is provided by deep rooted, deciduous trees such as poplars and oaks. Ginseng grows best in a moist, well drained soil.

How much wet ginseng does it take to make a pound?

The ginseng industry rule-of-thumb standard for weight shrinkage from drying ginseng roots is one-third (1/3). Meaning, for every pound of wet ginseng that you properly dry, the dry weight will be one-third (1/3) of a pound or 5.25 ounces or 0.33 pounds.

Where can I find wild ginseng?

Wild ginseng can be found in several US states and it is especially prominent in the Appalachian mountains and foothills. Ginseng thrives in well drained loam soil and is typically found on north or east facing slopes in hardwood forests.