This is the discussion page for 2017 ginseng prices for diggers and dealers, not for information on how much ginseng roots cost for a retail buyer.
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2017 Ginseng Prices
If you hear something, please post a comment. Whenever I find anything out, I’ll add it here.
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AR (current as of 091717)
$135/pound 2 inch + necks and/or 2+ oz.
$115/pound average size well dug.
(update 11/1/17) Mills Ginseng is actively seeking green/fresh roots right now. I believe he can buy in MO and I know he buys in AR. The prices quoted above may not be current any longer, so take it as a guideline but contact him to find out the details. The link to his FB page is at the top of this listing.
Current update 10/25 from T. Manley Trading Co (574-275-2100): The market continues to improve, but not necessarily for all sections. The demand is definitely for larger and bulby roots. Small and broken roots are still a hard sell. If you are a selective digger (and you should be) you will find competitive offers. If you dig everything in sight (and some do) you will miss the party. Rumors of digger lots bringing prices close to $1000 lb are mostly unfounded. YES, some roots are worth that, but everything in the bag? Only on Appalachian Outlaws. Sorry Tony!!! Very little, if any 2017 ginseng has been exported. The market craze is driven by the assumption that the harvest is less than normal. and I believe it is! Anyway, best of luck to buyers and sellers.
Thanks again Madison for the site. I hope my comments and my years of experience add something of value to both diggers and dealers.
previous update: The market seems to be warming up in Indiana/Ohio .Still a little less than last season but my best guess is that the harvest is down. I am currently offering up to $500 for northern Indiana roots and I have already purchased several hundred lbs of fresh roots at $120 to $160 and I am looking for more.Also, I need all the goldenseal and Goldenseal herb I can get. ~ T Manley Trading Co
KY, WV, VA, TN area update (082417):
Wild Ginseng Prices Estimated For 2017 by Billy Taylor – Estimate means most likely not written in stone.
Ok everyone I have talked to my buyers. It appears to be a little better than last year from the start. So here is my opinion of ginseng prices for this year. Most likely fresh will start around $128.oo a lb and end up around $196.00 lb for good quality and well dug.
Here at my place the price will be good for you from day one on fresh if you dig and handle correctly. All of you that know and deal with me know what I am talking about. The price I quote can be stronger. If you want a good price then dig and presnt your roots the way they should be. Correct age and Undamaged is key in a good buyer/digger relationship with me and my representitives.
Most likely dry will open at or around $400.00+ a lb and will end up around $575.oo+ and again the way you dig and handle is key to getting a good price at a better average than last year thank the Lord.
Ask your buyer to make sure, but we want our fresh ginseng unwashed and our dried ginseng washed. So if you sell to me or any of my representitives this is the way.
This price estimation is for Taylors. This is for the Ky Va Tn Wv area we do not relate our prices to high end zone areas like New York or any other areas where the foreign buyers think the ginseng is better and of greater value. Markets depend from state to state on what they think whether it is true or not and a lot of it is plain malarky <————– not sure that is a word, but there the buyers. Also in lower end zones dont exspect you buyers to be as high as I am because they cant get the price that I get here the same as I cant get what New York gets etc…Some zones will be $325 – $500 tops and $96 -$160 it depends on where you live and dig.
The price is a estimated guess from the information that I get and is usualy accurate every year if you have noticed, but with wild ginseng nothing is writting in stone. The market could bust or it could do better at any time. I give you this estimate each year around this time because I get a thousand text and private messages asking about prices so it makes it easier for me to just tell you all at once. So share if you like.
I do this for you all and I do it from estimated information to my best ability. It is most likely accurate, but agaib the ginseng market has no god’s of knowldge. So I will not allow trash talk or ignorence in the replys. Im not into all the foolishness and will not hear it. One should appreciate a honest mans words and not rail at them because he does not misslead.
Ok my best to you all brothers and sisters this year. Happy Hunting and remeber this God gave this to us to enjoy and to love. To share with our family and so forth. Be thankful for his freely giving gift that is giving free.
Those Prices that Bill gave (above) are the same as I am paying for Ohio and WV Ginseng, Except I may Pay a little more on Cert Batch’s of =Ginseng But it has to be be unbroken Clean Big Dry Root’s. Green can have Dirt on them But Don’t try to do like a Couple try’ed last Year on Me they added 1-2 lbs of dirt to there Sack’s and any one should know that any Buyer worth his salt can tell within a Oz or 2 by looking at a bag or sack what it should weight. Thanks all and have a Great and Safe year of Senging. Jim Maynard APPALACHIAN GINSENG COMPANY. 4108 Clines Chapel Rd’ Waverly OH 45690. Call 740-835-8119
Middle TN 09/23/17
Update from a reader in middle TN: green price is only $100 lb. The only buyer in the area really don’t want dried root and says he won’t be buying after Thanksgiving. ~ Roy
East TN 10/29/17
Bob Davis- we are seeing some positive moves in price around east tn area too. most buyers are paying 560 for decent and over 600 for better quality bulby lots. i think we will see 700 to 750 just before thanksgiving.bigger bulb roots that didn’t get sold green (most did) will demand a premium with all the “pencil”roots put on mrkt lately. good luck on your sales everybody. thank you madison for the platform. also thank you terry for bein one of the few dealers willing to shoot it straight.
OH, WV 08/25/17
Those Prices that Bill Gave are the same as I am paying for Ohio and WV Ginseng, Except I may Pay a little more on Cert Batch’s of =Ginseng But it has to be be unbroken Clean Big Dry Root’s. Green can have Dirt on them But Don’t try to do like a Couple try’ed last Year on Me they added 1-2 lbs of dirt to there Sack’s and any one should know that any Buyer worth his salt can tell within a Oz or 2 by looking at a bag or sack what it should weight. Thanks all and have a Great and Safe year of Senging. Jim Maynard APPALACHIAN GINSENG COMPANY. 4108 Clines Chapel Rd’ Waverly OH 45690. Call 740-835-8119
You can read the comments and information from the 2016 prices page here.
I bet you’d like a Wild Ozark Pixie to put out in the ginseng patch.