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2022 Ginseng Prices

It’s on everyone’s mind… what are the 2022 ginseng prices going to be? Prices are beginning to get posted in the comments and online. Here’s some posted as of 9/15 for Arkansas/Missouri from Mills Ginseng:

Ozarks ginseng pricing update 9/15/22:

Dry ginseng: $400/lb

Fresh (unwashed) ginseng prices:
Small/broken/gouged: $90/lb.
Average: $140/lb.
Old: 2″+ neck/1-1.9 oz weight $150/lb.
Super: 3″+ neck/2+ oz $175/lb.

Mills Ginseng

If any of you get information, you’ll leave a comment to share with the rest of us!

In Arkansas, the digging season begins September 1. Buying season starts 2 weeks later. This is a forum for diggers and dealers to ask questions and communicate with each other. It’s a meeting space for those in the industry to share information with all of us about the markets and prices across the ginseng-growing regions.

Note: The prices you see discussed here are NOT the prices you should expect if you are buying ginseng for personal consumption. These are the wholesale prices that dealers give to diggers.

Diggers, please share what prices you’ve found in your part of the country or post a comment to find a dealer. Just mention your county/state, not your exact location.

Dealers, if you’d like to comment with your contact information so diggers can find you, please do. If you ship internationally and sell retail, that’s good information to list as well.

We’re all anxiously waiting to see what this year’s market will do. Speculations, rumors, and hearsay are great for discussing but everyone should DYOR (do your own research) and verify before taking any small talk to heart.

Please join in the conversations. Comments are open!

44 thoughts on “2022 Ginseng Prices”

  1. Matthew Bennett

    Where are the best paying ginseng and yellowroot buyers located in east TN this year 2022?,Also what is the price per pound going to be this year 2022?

    1. Hi Matthew, hopefully someone from TN will pop in and give you some names and contact info. I haven’t gotten any forecasts from anyone this year. I think it’s all in the air still.

    2. Randy Henry Huntsville tennessee
      4233197028
      Starting around 600 very good guy awesome prices they just get better the deeper into the year it gets.

    1. It’s been like crickets on the comments for tips and info here this year. I’ll go do some looking around and contacting some of the folks I know to see if they have any info yet.

    1. Hi Sara, I sent some links by email to you. I’d be interested in what you find out if you follow up on that. From scanning the info it looked like Wild ginseng digging is illegal there.

      1. It will take a couple weeks, expect prices to start off on the low end, and fresh seng could be more valuable in the early buy. Just my prediction 😉

  2. Hi, I’ve been looking on Google for Tn ginseng prices and it says that it’s going for $43 a pound!!! That can’t be right can it?? My family has dug seng for years and I just don’t understand these prices. Anybody in the middle Tennessee area plz tell me, these prices are wrong.
    And Upper Cumberland Roots owned by William Cherry is great place for Tennesseans to sell all different kinds of roots.

    1. The only local buyer here in AR I know has told me he lost his green buyer, so he’s not even buying fresh at all this year. It could be a more widespread issue going on, and the global economy will most likely have a negative effect, too.

    2. I don’t mean to bother you if you are talking about William cherry in moss Tennessee that owned Cherry’s grocery at the three way in in moss Tennessee he passed away back earlier

  3. Madison I have a license but strictly to get mine certified. Then I can take out of state. I sold in northern Indiana last year for $1000 a pound versus the 2 buyers that buy around north central Arkansas paying less than half of that. I am not knocking them it just don’t make since to throw the money away when you can get the dealers license for $50 at the state plant board.

    1. The reason dealers here can’t do that is because when they sell in large quantities, they often have to provide analysis information to larger buyers. The analysis shows that AR roots are lower in the desirable ginsenosides, and have less than desirable appearance than roots from other growing areas, so they get less for them from their big buyers. That’s why they offer less to buy from diggers out here.

  4. I’m from North Mississippi and hunt gensing. Can anyone tell me what Mississippi gensing is worth and where I can sell it? Mississippi doesn’t have a gensing season that I can find.

    1. If your state has no regulations, it may be impossible to legally sell it anywhere. You may be able to dig and use it for your own purposes. To sell, it may need to be certified by somewhere in order to transport it across state lines to sell. I’d call your agricultural office and start from there with questions.

  5. The guy that owns Duke traps in west point mississippi buys it but only the exportable ones. He has dealers license so I know you can sell it here. Just wondering can I carry it to Tennessee and sell it?

  6. I’m over here in Southeasten missouri, I had never heard of digging a root to sell until I was cleaning a foreclosure and stumbled across a few roots in a paper bag and after further research came to conclude that these are in fact ginseng. Some of these roots are really impressive for what I’m reading online. I also have permission to bow hunt on a friend’s property and he said I could look around while I was out. Tonight I stumbled across a 4 prong and 5 – 3 prong plants. Any info concerning the sale of these roots would be awesome. I have in the range of 60 to 70 roots.

    1. In MO, the tops have to still be attached and you’ll need to have them certified to sell. This is information I had from several years ago, but I’ll see if I can find more info and get back to you. Maybe someone else will have more to add in the meantime.

  7. So it doesn’t say I have to certify them unless I’m keeping the roots thru the off season or selling out of state. If that’s correct then the sale of these roots would be illegal considering the way of obtaining them I guess? I have no way to certify now and have no way to know if they were certified by the actual digger. What do you feel my next course of action should be in this case?

    1. I’m not sure. Maybe there is no way to do it legally, and that’s why they’re still in that bag, lol. I’d call the department or a dealer to ask about it, or just keep them for personal use. But, I would think any dealer who knows how you got them would not want to take them because it would jeopardize their license to do so. I seem to remember reading an article about that sort of thing happening to someone but I can’t remember who it was or when. Maybe there are others here from MO that can weigh in on this.

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