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2016 Ginseng Prices from Buyers, Market Updates from Diggers

A very big THANK YOU to those who emailed me tips and info for 2016 ginseng prices! Here’s the discussion page for 2017.

The 2016 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.Wild Ozark's Logo in color

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

Ginseng Digging Season

Yes, ginseng has a season just like hunting deer or other game. It begins September 1 and ends in Dec. 1. Beginning the second week in the season, diggers bring their dried roots to “buyers” or “dealers”, who then sell it on to larger buyers who are often exporters.

In 2016, many diggers/growers chose to leave their roots in the ground to grow another year because the buying prices were so low.

Email me at [email protected] with news.

2016 Ginseng Prices were too low at the digger's level, so many diggers left their roots in the ground to grow another year.

2016 Ginseng Prices Updates are in order by state then date

Arkansas

10-24-16 Buyer Update for AR & MO (Mills Ginseng): Due to issues unrelated to the market, no longer buying any roots at this time.

9-6-16 Buyer Update for AR & MO (Mills Ginseng): Only buying green. Grading very hard. $120/lb for large/old well dug roots, $105/lb for average well dug roots, $50/lb for small,broken, gouged roots.

8/31/16 Buyer Update from AR & MO:

Arkansas: September 15th 2016
Missouri: September 1rst 2016 (Must meet in Missouri, unless previously certified)

I will start buying fresh “green” ginseng at $105.00/pound for average well dug ginseng. I will buy large/old green ginseng at $120/pound. Small, broken, busted, gouged green roots will be $50.00/pound.

Due to the terrible condition of the dry market I will not be buying dry ginseng at this time, unless it is VERY nice. This may change, but stands for now. – Trevor Mills

***

Illinois

9-16-16 central IL: $325 to 345 for dry seng. $90 to 100 for wet seng….Dealer Ron

***

Indiana

9-7-16 southern Indiana: I called my buyer in southern Indiana and to start off wet: $95 a lb and dry: $345 a lb. – anonymous

9-1-16 from west/central Indiana – Talked to my buyer in west central Indiana he’s buying wet from $95-$110 and will starting at $320 dry on Saturday. – Dustin

9-1-16 from southern Indiana – I’m from southern Indiana, about 70 miles south of Indianapolis. I talked with 2 buyers today that were offering 80 dollars a pound wet and 300 dollars/lb dry for ginseng. – Mike

***

Kentucky

9-17-16 from KY: I’m from Cecilia KY, have a good buddy who buys and sells, give top dollar. he is giving $200 pound green not sure on dry but will let u no his name in hidden valley herbs – Joe

8/30/16 From KY: I’ve spoken with three different buyers and they are saying dry will top out around 400 if we are lucky. Said it would be worst prices in last decade. I hope things change. Poachers have depleted it and since Appalachian outlaws. No permits for national forests this year.(Daniel Boone) It’s the beginning of the en d for many years I predict.

***

Pennsylvania

9-1-16 from TNA Ginseng in PA: As usual, they are offering premium prices for premium roots, even if they are adjusted downward for the market this year. Green ranges $150-700/lb, dry from $450-1300+ for very fine roots.

***

Tennessee/North Carolina

11-9-16 E. TN & NC: Hey Madison.with all the doom and gloom this season I thought the diggers could use a little positive news.I’m seeing dry prices finally creeping up to 600-625 lb for good root.still tough for smaller 5-8 yr roots.not as good as past yrs but Im almost certain we will see 725 around Thanksgiving due to fact that there isn’t much dry this year because most people sold green.These prices are for east tn& nc lower elevations bringing lower prices of course.good luck to everyone on their sales,hope we get well rewarded for all our hard work. – Bob

11-14-16 Reply: I have called around and am getting much lower prices would you be willing to give me the dealers number or name? – Shane

9-3-16 from TN: update on green prices in east TN. Good average is at 130 lb.and if it’s really nice can bring 145. – Bob

***

Virginia

VA– 09-16-16: I’ve checked one dealer today in Southwest VA. $80 lb green and $300 lb dry.

8/5/15 I have family member who buys and sells wild Ginseng in Southern WV. Another long time friend of mine who is also in the business. They both informed me that Ginseng will probably start out at around $175-$225 dollars a pound wet (Sept. 1st) and from $500-$750 per pound dry once they begin buying it mid September. Traveling an hour or so from my small town can usually bring you an extra $20 per pound and have seen it bring in close to $75 dollars more per pound. Also I spoke to one of the guys earlier and he informed me that he expects a substantial leap in price per pound near the middle-end of digging season followed by a slight drop near the end. – Derek Adkins, about 1.5 hrs from Charleston, WV

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Other Info

  • Diggers can’t dig except between Sept. 1 and Dec. 1. That’s is the legal digging season (at least here in Arkansas).
  • Dealers can begin buying dried roots Sept. 15.
  • In Arkansas all dealers have to quit buying by April 1 and get their inventory certified. No buyer can buy or sell roots (in AR) between April 1 and September 15.

Click here for the ginseng rules and regs for the state of Arkansas.

A note from the Paul Shell, Arkansas State Plant Board:

The sustainability of ginseng is the only reason it is still allowed to be harvested/exported. It is regulated by USFWS and the states in which it grows in enough abundance to allow for harvest. We are on the southern end of the range and it can struggle in our hot dry summers, as well as timber harvesting, loss of habitat etc. If USFWS and state regulatory agencies feel that the population of wild ginseng is threatened, they can change the regulations concerning harvest and export. It could even get to the point where no export of ginseng is allowed.

The problem

Ginseng harvest curiosity is increasing due to some “reality” shows that glorify poaching and grossly exaggerate root prices.

The solution

So, while there may be more people looking for roots, we need to educate them on the proper methods of sustainable harvest – season of digging 9/1 to 12/1, age of plants – 5 or more years, three or more prongs, red berries replanted on site, and prohibition of digging ginseng on any state or federal land. Many landowners are also planting ginseng seed obtained legally from ginseng seed growers. Conscientious landowners can do sustainable ginseng harvest and even supplement their plants by planting more seeds in the ground (2 cm deep recommended). – Paul Shell, Arkansas State Plant Board

7/6/16 – Forecast rumblings I’ve heard is that prices will open very low in AR this year because of economic issues overseas and an oversupply of dried roots already in exporter storage. Please comment if you have anything to add.

 

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Past Price Indexes

This 2016 ginseng prices page is closed now. Watch this space for links to the 2017 ginseng prices.

Other Ginseng Info

All of the posts that mention American ginseng can be found under the category: American Ginseng. I have books on ginseng available through Amazon or you can mail order them through Wild Ozark’s online shop (still under construction, but some items are listed now).

Trouble with look-alikes?

I have a handy identification guide book just for helping folks tell the difference between ginseng and the ginseng look-alikes.

Paperback cover for Ginseng Look-Alikes

Need seedlings to plant?

We are a certified ginseng nursery, so I have seedlings that I start in seedbeds then sell or transplant out into the woods as wild-simulated. When you transplant in the first year or two, it is impossible to tell the difference at harvest time which are true wild and which are wild-sim.

The Wild Ozark Nature Boutique & Nursery will have ginseng seedlings (in pots) from May through October, available for local pick-up, or bare-root plants from October through end of November to be shipped anywhere in the US.

These often sell out in late spring, so if you want to reserve yours now and are willing to pay for your plants ahead of time, email me at [email protected] for an invoice and I’ll mark yours and set them aside now.

Locals can pick up their orders in May and outliers will get shipped in October. Potted seedlings are $5/ea, bare-root $3/ea plus shipping.

 

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Eddie Sparks
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Eddie Sparks

Does anyone know the price of dry ginseng in eastern ky. for 2017.

Robert Taglialatela
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Robert Taglialatela

Are their buyers in northwest Missouri that anyone is aware of?

Daniel ODonnell
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Daniel ODonnell

Hi located in northern Mich looking to buy ginseng root you can email at [email protected]

lauren
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lauren

Hi there! I am located in south florida and am interested in purchasing ginseng root. You can email me at soflacasting*@gmail.com
Thank you 🙂

Eric
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Eric

I’m currently in nyc right now. If anyone is interested of selling roots. We could do this over ebay. Selling fees on me. Thanks.

Anonymous
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Anonymous

Im currently in nyc right now looking for few lbs of ginseng.

Eric
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Eric

Id like to buy some dry roots paying top dollars. Thanks

Chuck
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Chuck

Are there any current ginseng buyers in the Springfield TN area?

Jerry Whitlock
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Jerry Whitlock

I’m in Lafayette, Indiana and my buyer isn’t buying. Do you know who is buying? I would like someone relatively close.

Bob davidson
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Bob davidson

Hey Madison.with all the doom and gloom this season I thought the diggers could use a little positive news.I’m seeing dry prices finally creeping up to 600-625 lb for good root.still tough for smaller 5-8 yr roots.not as good as past yrs but Im almost certain we will see 725… Read more »

K.D. Pritts, author, Ginseng ... North America's Forest Gold
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K.D. Pritts, author, Ginseng ... North America's Forest Gold

American ginseng is American ginseng no matter where it grows. There are slight variations in the height of the seed umbel and the amount, or lack thereof, of purple color in the stems. There is not enough difference to have a subspecies. The only close relative to American ginseng in… Read more »

Anonymous
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Anonymous

I need to find out how much ginseng is a pound in Va ..I have about 2 in a half Pds ..I weight it already and still have some drying

Celia
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Celia

Hi. Just got into looking for wild ginseng last year. Had a question not related to buying/selling and one that is, if that’s okay here. Does anyone know if you can eat too much of the ginseng (tops or roots) fresh or dry? We eat a root or two sometimes… Read more »

Joe
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Joe

Like I said I’m from Cecilia ky an it’s the same situation hear green only my dad says there’s he’s been selling dry 30 years wats so diff this year ..only diff is more money for them an if they say only green that’s wat they get BC it’s a… Read more »

Anonymous
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Anonymous

Prices that low,please just let it grow

HAG
Guest
HAG

The prices this year are not worth anyone’s time us diggers do this for the money and it’s alot of walking and hard work . We want more than $300.00 for dry.

Joe
Guest
Joe

I’m from Cecilia ky have a good buddy who buys an sells give top dollar he is giving $200 pound green not sure on dry but will let u no his name in hidden valley herbs

Misti Mullins
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Misti Mullins

I’ve checked one dealer today in Southwest VA. $80 lb green and $300 lb dry.

Anthony Neace
Guest

Does all ginseng look same or do different kinds look differen

Allen Conley
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Allen Conley

Is Derek’s name derrell Adkins, how do you contact him?

Anonymous
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Anonymous

I dug out ginseng that is black root, while senging today. Is it worth more than white root?

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