TOPIC: What is wild ginseng selling for in Central WV??
What is wild ginseng selling for in Central WV??
16 years 3 months ago #226
Vincent
Topic Author
Visitor
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!
Re:What is wild ginseng selling for in Central WV??
16 years 3 months ago #251
bigjohncrusin
Visitor
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.
Re:What is wild ginseng selling for in Central WV??
16 years 3 months ago #285
John Clary
Topic Author
Visitor
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.
Re:What is wild ginseng selling for in Central WV??
16 years 3 months ago #287
Vince the Digger
Visitor
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.