Ginseng prices

[kyblackmallard]

Anybody hearing any news on root prices.

[The scout'n man]

I've heard upwards of 800 a pound! Need to go hunt'n for shure!

[CentralKyHunter]

where they payen those prices???

[pedigo]

Last we heard (first of the week) was $350-400 and $20 for yellow root. If it is $800 please provide the info.

[The scout'n man]

couldn't tell ya that is just what everyone around here has told me. I have dug a little before but never sold any. My Grandma and cousin diggs it every year. They got 600-750 last year I can't remember which. But it is high around here. This is the Owensborow litchfield area. I don't even know who buys it around here!

[kyblackmallard]

I just got off the phone with a fella from litchfield and he said he had been paying 415.00 but was going to wait and see what the market does this week.

[R Littleton]

Well I went to Paintsville Sat. and the price had droped to $288.00 a pound from $450.00 last weekend. Yellow root was still $25.00 a pound. If the price on "sang" dont go back up I will still have mine next year, it's not eating anything and i'm not going to give it away.

[weedwalker]

Well I went to Paintsville Sat. and the price had droped to $288.00 a pound from $450.00 last weekend. Yellow root was still $25.00 a pound. If the price on "sang" dont go back up I will still have mine next year, it's not eating anything and i'm not going to give it away.

It's just Supply and Demand. Now that everybody's digging it the price is falling. But later this winter and next spring it'll jump back up when you can't dig any more.

[kyblackmallard]

I ain't giving mine away either.I dug eight roots tonight but it is almost all dried up and gone.

[Grant]

My dad has been paying 400$+ depending on the quality, and amount of roots. Last year the demand was high...supply was low, you do the math. Dad paid 700$ for some last year. Doesn't know what its doing now, but if you don't need the money now, I would hold out for a bit and see how it turns out. I see the market going up again, unlikely 800$, but more higher than were seeing now.

Shop around, espically if you have high quality stuff.