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Profitable Lavender Business Thrives On 14 Acres 29-1-9 Lavender is a high value, low maintenance perennial crop that offers a good return on investment, according to Jody Byrne of Streetsboro, Ohio.
How much does lavender make per acre?
Per the National Center for Appropriate Technology (NCAT) common lavender can yield 1,000 to 1,500 pounds of buds per acre. When sold to consumers or businesses, that equates to anywhere from $6,000 to $15,000 in revenue.
How profitable are lavender farms?
Profitableplantsdigest.com reports that one eight-acre lavender farm in the Northwest grosses more than $1 million per year from it’s various lavender products. A one-acre planting can produce about 12,000 bouquets per year, which are worth $10 each or more on the retail market.
How long does it take to harvest an acre of lavender?
If you are just starting out growing lavender, keep in mind that it takes about three years for the plants to reach their peak maturity and to give you the greatest harvest.
How hard is it to start a lavender farm?
Lavender is a beautiful herb that’s relatively easy to grow if you have a little extra space and the right growing conditions. You may even be able to make a little extra money by planting a lavender field.
How do lavender farms make money?
Fresh lavender bouquets. Most growers sell direct to the retail public, either from their garden or at the local farmer’s market. At our local Saturday market, lavender bunches sell for $6 each. A 20′ x 20′ growing area can produce around 300 bunches each year, worth $1,800. Larger plots are even more profitable.
Is there a demand for lavender?
Lavender’s Growing Consumer Demand Unfortunately, according to the article, there has been a decline in the supply because of environmental and climatic concerns. But despite that, the demand from consumers continues to remain high.
What is the most profitable crop per acre?
Bamboo is one of the most profitable crops to grow per acre. It can bring in lots of revenue, but the catch is it takes about three (3) years for the bamboo to get “established” once planted.
How much is a bunch of lavender?
Each fresh lavender bunch is $39.95. Overnight shipping is required and is in addition to the investment of fresh lavender.
Is lavender fast growing?
Lavender is a slow grower and may take one to three months to reach transplanting size. The greatest threat to lavender seeds and seedlings is fungus. Keep soil mix moist, but provide good air circulation to help reduce disease outbreaks.
What is the most profitable plant to grow?
8 Most Profitable Plants To Grow Bamboo. Landscapers and homeowners are paying as much as $150 each for potted bamboo plants, and many growers are finding it hard to keep up with the demand. Flowers. Ginseng. Ground Covers. Herbs. Landscaping Trees and Shrubs. Mushrooms. Ornamental Grasses.
How many bundles does a lavender plant need?
A first-year lavender bush will typically produce enough flowers to form just one or two bunches, while a fully mature plant may produce 8 to 10 bunches of lavender.
How do you commercially harvest lavender?
In developing countries, farmers harvest lavender by cutting with a scissor just under the first set of leaves. In major commercial lavender farms of USA, France and Spain, lavender is harvested mechanically via machines attached to tractors.
How does lavender grow in business?
Lavender must have well-drained soil, with a pH of 6 to 8. You can test your soil with a simple pH tester found at most garden centers. Lavender does best in sandy loam soil that provides good drainage. Lavender does best with almost no fertilizer once it is established.
What is the most profitable animal to raise?
Beef cattle are considered the most profitable livestock and easiest to raise for profit, but homesteaders with small acreage won’t be able to raise cattle. Cattle, whether you want beef or dairy cattle, require plenty of good-quality pasture, supplemental hay, fresh water, room to roam, and veterinarian care.
Where can I sell my lavender crop?
For most small lavender growers, the local farmer’s market is the best place to sell your harvest, from fresh cut lavender bouquets to dried buds, lavender oil and the many value-added lavender products you can make and sell.
What kind of farm makes the most money?
Though soybeans are the most profitable crop for large farms, fruit trees and berries generate the most profit of all farm sizes. As farm size increases, labor costs to tend and harvest fruit trees and berries become too high to maintain profits.
Is lavender an agricultural product?
Lavender is a small, aromatic shrub used in the fragrance, specialty-food, and alternative-medicine industries, and it can be a profitable addition to small and medium agriculture operations.
What zones does lavender grow in?
Where does Lavender grow best? Depending on the variety, Lavender grows best in Hardiness Zones 5-8S/10W.
What is the most profitable small farm crop?
Most Profitable Crops Lavender. Lavender can be used in just about everything, from food flavoring to medicines to fragrances. Bamboo. Bamboo is mainly sold as a potted plant or landscaping feature. Basil. Basil is a popular herb used in tons of different dishes. Cilantro. Chives. Ginseng. Gourmet Garlic. Arugula.
What is the easiest farm to start?
20 Most Profitable Small Farm Ideas Tree Nursery. A tree nursery can be a great investment when done right. Fish Farming. Dual Crop Farming. Dairy Farming. Herb Gardening. Bee Farming. Aquaponics. Microgreens Farming.
What is the easiest crop to farm?
Easy Crops to Grow From Seed Lettuce. Lettuce can be sown directly in your garden bed, or started indoors for transplanting. Peas. Snap, snow, and shelling peas are all best sown as early as the soil can be worked in spring. Radishes. Turnips. Beans. Sunflowers. Sweet Potatoes. Winter Squash, including Pumpkins.
How much does lavender cost per pound?
You can pick your lavender or have it already picked for you. The price is the same at $25 per pound for English lavender ( $1.56 per ounce). There are about 450-600 stems per pound of fresh English lavender.
What climate does lavender grow in?
Lavender originated in the Mediterranean climate, so most varieties will thrive in warm, dry, temperate weather (hardiness zones 7-9).
