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TOPIC: What is wild ginseng selling for in Central WV??

What is wild ginseng selling for in Central WV?? 16 years 2 months ago #226

  • Vincent
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I'm getting low prices for my dried wild ginseng I think....but I could be wrong. I sold almost half a pound to my local buyer, and they are currently paying $400/pound. Is this anyway correct?

Also, my ginseng is usually always 10+ years or older. Thanks in advance!

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #234

Hang on until later in the year. Just like farming, you have to wait until the demand exceeds the supply.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #239

  • Vince the Digger
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I kinda expected that.....It's hard for me to hold anything, If I have a dollar in my pocket, for some reason I feel a need to spend it.

Any idea when the price spiked last season? (I haven't ginseng hunted in a few years)

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #250

  • Vince the Digger
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Anyone??

Anyone know around what date the price spiked for the first time last season? I can't seem to find it online anywhere...


EDIT: Doesn't have to be WV btw, just lemme know when price went up in your state.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #251

  • bigjohncrusin
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im a licensed dealer in kentucky.last year ginseng peaked at the end of october and early november.i was paying 825.per pound.today im paying 360.i expect it to reach at least 600.this year but thats a guess.hope this help.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #253

thank's big john.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #277

  • Vince the Digger
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Aye, big thanks bigjohn, exactly what I wanted to hear/read.

As for wild ginseng bieng so low this season is beyond me.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #285

  • John Clary
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Last year me and my dad got $875 a pound in Ohio. If we would have waited till early November we would have gotten $1000 a pound. This year, it is starting out $450. Hold onto it. There is still a great demand for it in China.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #287

  • Vince the Digger
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Yeah, I'm going to try and hold all my ginseng until early Nov. incase the price for it does raise. Compared to last season, $400/pound here in WV just seems too low for me.

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Re:What is wild ginseng selling for in Central WV?? 16 years 2 months ago #331

  • johnway
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I need some fresh old ginsengs, can any one there help me ,willing to pay 200/lb live roots

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