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Thread: Ginseng prices
10-04-2008, 08:12 AM #1
Anybody hearing any news on root prices.
10-04-2008, 04:25 PM #2
I've heard upwards of 800 a pound! Need to go hunt'n for shure!If you don't scout your gonna pout.
10-04-2008, 06:42 PM #3
where they payen those prices???Lance JohnsonLeitchfield, Ky (Grayson County)My Farm & Habitat Thread:
10-04-2008, 07:37 PM #46 Pointer
- Join Date
- Aug 2002
- munfordville, ky, USA.
Last we heard (first of the week) was $350-400 and $20 for yellow root. If it is $800 please provide the info.jason pedigo
10-04-2008, 08:06 PM #5
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!If you don't scout your gonna pout.
10-04-2008, 08:48 PM #6
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.
10-05-2008, 09:06 PM #76 Pointer
- Join Date
- Oct 2006
- Prestonsburg, Ky.
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 $25.00 a pound. If the price on "sang" dont go back up I will still have mine next year, it's not eating anything and i'm not going to give it away.
10-05-2008, 10:01 PM #8
10-06-2008, 09:37 PM #9
I ain't giving mine away either.I dug eight roots tonight but it is almost all dried up and gone.
10-07-2008, 01:14 PM #10
My dad has been paying 400$+ 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."Topwater"
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