Ginseng price?????
digger

Princeton, WV

#65 Sep 26, 2008
informed wrote:
It's left up to the chinese to set the price and right now they are not buying.Due to the stock market and economy probably $400 will be a high price to the digger and the dealer $25 to $50 over that. There is not a great mark up, only volume.
can u tell me whos paying the most
Ann Marie

Clemmons, NC

#66 Sep 26, 2008
whoe's paying the most right now?
j-bird

Philadelphia, PA

#67 Sep 26, 2008
does anyone know how to get your sang validated? my dealer told me last year that if i was to get my crop for the year validated as soon as it dried that i could hold on to it till the market was at the price i wanted to sell at. if the sang had lost any more weight they would still buy it at the validated weight. i just don,t know how to get it done..... any advice?
Old sang hunter

High Point, NC

#68 Sep 27, 2008
j-bird wrote:
does anyone know how to get your sang validated? my dealer told me last year that if i was to get my crop for the year validated as soon as it dried that i could hold on to it till the market was at the price i wanted to sell at. if the sang had lost any more weight they would still buy it at the validated weight. i just don,t know how to get it done..... any advice?
J-bird you might wanna try the postoffice scales they are alwayts calibrated and verified. They should be able to verify your sang weight.
Coshocton

Canal Winchester, OH

#69 Sep 27, 2008
How about any Ohio prices? The previous buyer I sold to no longer is in business. Any info will be helpful, as well as any eastern/central Ohio buyers phone or address would be appreciated
informed

London, KY

#70 Sep 27, 2008
digger wrote:
<quoted text>can u tell me whos paying the most
Well I just found out that the bottom has dropped out of ginseng. I guess every man, woman and child was digging ginseng, some out of season. The Chinese are going to be really select when they do start buying.Only the big roots will be taken. The market will absolutely be flooded this year and a lot of small roots that are illegal shall be rejected by the fish and wildlife.
informed

London, KY

#71 Sep 27, 2008
Ann Marie wrote:
whoe's paying the most right now?
price has dropped to $300 to $320 a lb. and could go lower.
wondering too

Clermont, KY

#72 Sep 27, 2008
informed wrote:
<quoted text>price has dropped to $300 to $320 a lb. and could go lower.
I just got $420/lb for mine earlier today.
sweet

Pineville, WV

#73 Sep 27, 2008
wondering too wrote:
<quoted text>
I just got $420/lb for mine earlier today.
Can you tell me where you sold it at?
informed

Lexington, KY

#74 Sep 30, 2008
People that sold for around $400 were the lucky or smart ones. Asian markets are falling and ginseng prices are spiraling downward
edna

AOL

#75 Sep 30, 2008
how do you know what to look for ?
ginseng

Normantown, WV

#76 Sep 30, 2008
ginseng has went up to 410.00
jim

Danville, IL

#77 Sep 30, 2008
heard that seng dropped from 400$ to 200$ a lb. today. Anybody hear about this?
Sale it to china

United States

#78 Oct 2, 2008
People get smart screw the dealers go to your local chinese resturant and offer it to the owner and see their heads spin I know a crazy person who did this and they bought it, for a fair price.
ratrods

AOL

#79 Oct 3, 2008
informed wrote:
<quoted text> Well I just found out that the bottom has dropped out of ginseng. I guess every man, woman and child was digging ginseng, some out of season. The Chinese are going to be really select when they do start buying.Only the big roots will be taken. The market will absolutely be flooded this year and a lot of small roots that are illegal shall be rejected by the fish and wildlife.
Here is a good rule for when to check prices.Wait until the first good snowfall of the season.Then start checking prices.We all dig with friends,so help each other out with a little front on their share.This will keep everyone on the same level.You can all hold out then for the best price.The best price right now is $425.

“Mean People Suck”

Level 3

Since: Feb 07

Location hidden

#80 Oct 3, 2008
it doesnt cost anything to hang onto it for another season
informed

Lexington, KY

#81 Oct 4, 2008
Does anyone know the reason ginseng went so high last year? It was because of a late spring freeze and a hot dry summer killing the tops. Also Kentucky was almost banded from the ginseng program because of digging and dealers buying out of season! This year is entirely differnt and the Chinese knows this.$400 will be a good price give or take a few dollars and may end up a lot lower once they get their quota.
somerset ky

Somerset, KY

#82 Oct 4, 2008
informed wrote:
Does anyone know the reason ginseng went so high last year? It was because of a late spring freeze and a hot dry summer killing the tops. Also Kentucky was almost banded from the ginseng program because of digging and dealers buying out of season! This year is entirely differnt and the Chinese knows this.$400 will be a good price give or take a few dollars and may end up a lot lower once they get their quota.
It was because of a dry year in prime ginseng growing areas, KY, TN, WV, VA that's true. It was also due to a very weak U.S. dollar compared to the Chinese currency and also the booming Chinese economy which makes high priced ginseng more easily bought.
This has been an average year in ginseng digging, certainly better than last year but not as big a harvest as I expected with last years prices. Two of the three conditions still exist that created last years high prices, weak dollar and China's economy. I predict $400. to $650.00 for a top price late in the year or early 2009.
informed

Lexington, KY

#83 Oct 4, 2008
somerset ky wrote:
<quoted text>
It was because of a dry year in prime ginseng growing areas, KY, TN, WV, VA that's true. It was also due to a very weak U.S. dollar compared to the Chinese currency and also the booming Chinese economy which makes high priced ginseng more easily bought.
This has been an average year in ginseng digging, certainly better than last year but not as big a harvest as I expected with last years prices. Two of the three conditions still exist that created last years high prices, weak dollar and China's economy. I predict $400. to $650.00 for a top price late in the year or early 2009.
I hope you're right,over $400 would be nice.
Ross

Oak Grove, KY

#84 Oct 6, 2008
Those who hunt wild ginseng in the Appalachians, know its not a picnic. We face the heat, the yellow jackets & hornets, the poison snakes, and the poison oak. Our so called 'dealers' have become filled with greed...their not in the woods, their in the bars and stores and once a week roadside stands, slobbering at the mouth; waiting for to bring them what they don't have the balls to find themselves.
If you have big roots, don't give them away.

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