Ginseng Root Prices 2014

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Here’s the link to our page on 2017 Ginseng Prices .

The 2014 ginseng prices is a discussion and information page for diggers, growers, and dealers/buyers. Prices discussed on this page are from diggers and dealer/buyers- wholesale- NOT retail prices.

Click here for more information on buying retail wild American ginseng. Retail prices on ginseng are higher than digger/dealer levels.

The rest of this page is for 2014 prices. We’ll be posting new information and updating each year so look for the current year’s prices page if the link above isn’t current any longer.

For other posts about ginseng, go here: Ginseng Headlines and Articles.

What are ginseng root prices 2014 ?

Today (10-04-14) I was informed by a local digger that area buyers have stopped buying altogether or only offering very low ginseng root prices in Kingston, AR. If you have news from your area, please leave a comment. The word from one of our local buyers is that there’s been a flood of roots to the market, likely due to the Appalachian Outlaws show prompting more digging than ever before. The protests in Hong Kong have also played a part.

New Update: Someone told me they sold roots to a buyer in Harrison, AR for around $400-500/lb on 10/25.

• prices range from 600.00 to 750.00 Lb dry wild Seng in Ohio (10/11/14)
• Iowa – fresh ginseng root $220/lb
• Kentucky – dried ginseng root $700/lb (roots legally procured in Arkansas, at least, should not already be dry…)
• Arkansas, Harrison – $550/lb on 9/25 – no longer buying at all 10/1 (market bottomed out) 10/25 – buying again $400-500/lb

If you’re a buyer and want to list your contact info in the comments, feel free to do that as well. If you happen to be a merchant in China who wants to post information from your end of the world, please do. Translate to English before posting if possible.

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I’ve moved the comments from my old blog over to this one and appended them here because I didn’t think they’d carry over when I moved the blog:

22 thoughts on “2014 Ginseng Root Prices”

1. Ray Carter19 September 2014 at 17:46

   I’m new at hunting ginseng ,Being my first year . I live in eastern Iowa .So my question is 220 a lb. for Iowa ginseng and Kentucky is getting 700 lbs???????
2. Madison WoodsPost author19 September 2014 at 18:44

   Ray, I think I’d ask around with some other buyers within the state. Here in Arkansas prices started around $500 and they generally go up before end of buying season. Prices vary, too, based on the quality of the root and whether the price is for dry or fresh. Fresh brings about 2/3 lower, I believe.
3. Ray Carter20 September 2014 at 09:35

   Thanks Madison for your help,Seems all buyers have different prices.

• TNA Wild Ginseng Co5 October 2014 at 18:10

  Hello ALL,We are still buying ginseng from Bethlehem PA.Here is our current prices:
  –Wild Ginseng (dried)…$700 to $900 Per LB…10-40 Years Old …Neck: 1–3 Inches
  (Each pound of ginseng contains about 20-30% of bulby roots. The average length of neck is 2 inches )–Wild Ginseng (dried)…$900 to $1100 Per LB…10-40 Years Old …Neck: 2 inches or longer.
  (the average weight of each ginseng is about 2 grams and each pound of ginseng should contain about 200 roots)–Wild Ginseng (green)…$200 to $350 Per LB…10-40 Years Old…Neck: 1–4 Inches
  (Note: DO NOT wash the green root, once washed they will go bad)Thank you
  TNA Wild Ginseng

1. Madison WoodsPost author5 October 2014 at 19:05

   Thank you for that update. I’m sure you’ll get some replies!

• Melissa11 October 2014 at 19:45

  wish you were in Ohio cause your prices look good. 600-750.00 here… Maybe I should hold off , but then again prices could drop. It’s a chance we take cause ya never know about these markets. Hope ya have a Great Season

1. gerri7 November 2014 at 05:24

   Who buys in western PA? Looking for a legal buyer.

• Peter9 October 2014 at 03:02

  Hi,Im in the market to buy some ginseng roots. Please email me what you have. Thanks

1. Ray Carter10 October 2014 at 10:26

   I have seven lbs. not dry yet,Very large and old roots has never been hunted around these parts. Will be selling local unless find better deal. Must be a legal sell.
2. Peter13 November 2014 at 19:28

   Hi Ray,Can you please email at . I would like to get a price for these roots and shipping cost to Los Angeles, CA. Can you also send me some pictures. Thanks

• matt13 November 2014 at 02:56

  3lbs wild call

1. Peter13 November 2014 at 19:30

   Hello Matt,Thank you for your reply. Can you please email at . I would also like to know pricing and see pictures of the ginseng.

• bobby key9 October 2014 at 16:45

  looking for dealer that is buying wild ginseng and much you are paying for A pound I live at rockfield it is outside of bowlinggreen ky if are interest on any email me back at bobby42274(at)yahoo(dot)com hope to hear from you i am looking for the best dealthank you

1. Madison WoodsPost author9 October 2014 at 16:59

   Hey Bobby, there’s a lot of people viewing this site so someone might contact you. But I’m going to edit your email address so it’s not a link – you’ll get a lot of spam if I leave it like it is from automated things that search the web for email addresses.

Edit

• Melissa11 October 2014 at 19:40

  prices range from 600.00 to 750.00 Lb dry wild Seng in Ohio

1. Madison WoodsPost author11 October 2014 at 19:59

   Thanks – I’ll add this to the post body.

• Dave Woodard18 October 2014 at 19:46

  Who is paying $1,100 with 2″ neck? My friends are finding some up to 11 1/2 and 2″ round all the way down!! We have sold 37 lbs in VA. Where can I take it to get more! Your help would be much appreciated!I would love to find better prices for next year. We still have 2 areas to go in this year.Dave

1. Madison WoodsPost author18 October 2014 at 20:52

   Hi Dave, no one is buying at all in our area of northwest Arkansas. In the comments there were a couple of posters who listed contact information you could check with.

• Jen15 November 2014 at 20:00

  Hi, I’m buying for personal and friend use. Can I buy from someone here? Thanks.

1. Madison WoodsPost author15 November 2014 at 20:12

   We don’t have any here at Wild Ozark, but you can try contacting some of the ones who left email addresses. To buy/sell across state lines you’ll need a dealer’s license to stay legal.

• Connie16 November 2014 at 09:55

  I would like some infort, On becoming a Wild Ginseng Grower. If you or anyone you know can help please e-mail me at . I would like who to by seeds from, the best sellers in Ga and how long does it take to and is the price going up or down in the next year. If you can help a lady out it would really help out.

1. Madison WoodsPost author16 November 2014 at 14:49

   Hi Connie,I don’t have information specific to GA, but if you live near any rural towns at the stores there’s usually someone who knows who buys for that area and there might be signs up on the windows. That’s how they do it out here. As for seeds, if no one in your area grows and sells seed, then you might have to go to the region nearest you to buy them. I live in AR but have to buy seeds in MO. It takes 5 years before the plants are legal to dig, but they’re still small then. 7-10 years is better. If you’re wanting to grow wild-simulated, and wanting to do it sustainably, you’ll want to grow your colonies out to at least 100 plants per colony and harvest less than half of the ones producing seeds. Some studies suggest in colonies this size even if all of the seed-producing plants are harvested, as long as all of the seeds from those plants are replanted, your ginseng will continue to thrive year after year. I prefer to take half or less and allow a colony of mixed ages to carry on. There’s a lot of different opinions on the best way to do this and as time goes by you’ll probably find a comfortable solution.As for prices, there’s no telling. China buys most of the wild and wild-simulated and how much they’re willing to pay is what determines the prices growers are given by buyers. This year several factors played into really low prices. Too many roots in the market, instability in Hong Kong, and some buyers even quit buying altogether.I have books at Amazon with lots of photos of ginseng and companion plants if you’re unsure of where to plant your seeds, and Sustainable Ginseng gives references to studies about the ideal colony sizes for sustainability.Good luck on your venture!