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How To Start a Backyard Ginseng Nursery For $600

Let's first look at the potential for profit with ginseng. Ginseng certainly won't make you money overnight. It can take about five to six years to grow mature roots. But don't worry, in the meantime you can sell seeds and rootlets. After those five or six years, you can expect to have about 500 pounds of mature roots, which are currently selling for $150 to $300 a pound. You can also expect to have about 100 pounds of seeds, which at this moment are going for about $90 a pound. You could also have a nice quantity of rootlets to sell as well. So let's put it all together. If you have half an acre of ginseng, after five or six years how much could that all be worth? The answer is about $100,000.

Now you're ready to get started. First think about your growing method. There are three. Chances are "woods-cultivated" is the method for you. It's the most practical method for small growers. In this method you use the natural shade provided by hardwood trees, such as maple, oak and sycamore. Avoid conifers, such as pine, spruce, cedar or hemlock, as their roots could compete with ginseng roots for nutrients and water. Plant your ginseng under their shade and get ready to see some great results.

When buying ginseng seeds or rootlets, be sure you're buying stuff that is high in quality. At today's prices, $600 will buy enough seed to plant a quarter acre. Make sure it is "stratified," which means the berries have been de-pulped, and the seeds were buried in sand over the wintertime. To be safe, plan on soaking your recently-purchased seeds for fifteen minutes in a solution that is made up of one part Clorox bleach to nine parts water. Then be sure to flush thoroughly with clean water.

Now you need to think about fertilizers if you plan to use the woods-cultivated method. There are two minerals you'll want to add: calcium and phosphorus. Dolomite lime can supply calcium and magnesium. For phosphorus, consider using rock phosphate. It's an inexpensive natural fertilizer. Also, be sure to use only organic matter, such as leaf mold and compost. These will help supply nutrients that can keep your ginseng disease-free. For any pest or disease problems you do encounter, once again only use organic solutions, such as yellow sticky traps for pests.

For $600 you can get your ginseng garden up and running. Soon you could be making good money from ginseng production. To learn more, read Golden Harvest, available at: http://extraincomebulletin.com

Craig Wallin is the author of twelve best-selling books about home-based businesses you can start for just a few hundred dollars, and the editor of EXTRA INCOME BULLETIN, an online resource about honest businesses you can start on a shoestring. To learn more, visit: http://extraincomebulletin.com

Article Source: [http://EzineArticles.com/?How-To-Start-a-Backyard-Ginseng-Nursery-For-$600&id=6014312] How To Start a Backyard Ginseng Nursery For $600

Growing Ginseng For Profit

Ginseng's popularity is nothing new. It's certainly not a fad. In fact, ginseng has been popular for hundreds and hundreds of years. Ginseng actually helped finance the American Revolution, and mentions of the popular herb show up in George Washington's diaries. The Chinese have used ginseng for thousands of years.

So why is ginseng so popular? Why is it the most profitable herb you can grow? Easy, its medicinal uses. Ginseng has been known to lower cholesterol, increase blood circulation to the brain, lower blood pressure, increase vitality, strengthen the nervous system and much, much more. Because it takes time to grow, mature roots bring as much as $400 a pound. Now that's profitable!

Growing ginseng isn't too difficult. It doesn't require a full-time commitment either. You can still have a full-time job and other commitments. You just need a few hours a week to give your ginseng the care and attention it needs. One of the key ingredients to success as a ginseng grower is patience. Ginseng does not grow overnight. In fact, it can take about five or six years until your roots are mature enough to sell. Don't fret, while you're waiting for that, you can make good money selling seed and rootlets, which are possible to sell after just a couple years. A half-acre of ginseng can be expected to be worth about $100,000 after five or six years.

There are three methods to growing ginseng. One is the "artificial shade" method, which is usually too expensive for small growers, as the start-up costs are high. The other two methods are "wild-simulated" and "woods-cultivated." Unless if you have a few acres of dense hardwoods, you'll probably want to use the woods-cultivated method. In this method you plant your ginseng under a canopy of hardwood trees.

Before planting your ginseng, make sure you have healthy soil. It needs to have a pH between 5.0 and 6.0, and be well-drained. Check for disease and pest problems too. As your ginseng grows you'll want to keep checking for disease and pest problems. Be sure to only use organic matters, such as compost and leaf mold. For pest and disease problems, once again only use organic solutions, such as yellow sticky traps.

When you're ready to sell your seed, rootlets and mature roots, you have three main ways you can do so. First you can sell to wholesale buyers. This gets you paid right away, and you can sell right out of your backyard nursery. Next, you can sell to out-of-state buyers. When shipping your ginseng, treat it like grandma's fine china. Package it carefully! Finally, you can sell to ginseng brokers who buy ginseng in bulk and then resell it to other people. If you're selling seed and rootlets, you can sell direct to purchasers who are just starting a ginseng patch. Try one, or all of these, and you'll soon see what works best for you and your ginseng garden.

Growing ginseng for profit is a great way to make some nice money. It doesn't require a full-time commitment either. In just five or six years' time, you can be making nice money with ginseng production.

Craig Wallin is the author of twelve best-selling books about home-based businesses you can start for just a few hundred dollars, and the editor of EXTRA INCOME BULLETIN, an online resource about honest businesses you can start on a shoestring. To learn more about growing ginseng for profit, visit: http://extraincomebulletin.com

Article Source: [http://EzineArticles.com/?Growing-Ginseng-For-Profit&id=3953400] Growing Ginseng For Profit