· ginseng can command a significant price and may be an excellent opportunity for non-timber income on forest lands, which is where some enterprising growers plant ginseng. And b) profitability analysis using net present valuation methods across ranging yields and market prices. A) estimates of the typical investment and operating costs of producing wild- simulated ginseng in established indiana tree plantations; The following economic analysis is presented in two parts: Ginseng is challenging to grow woods grown/wild- simulated. · a method called wild- simulated cultivation can be used to grow ginseng without fungicide sprays and expensive establishment costs. Growing ginseng using the wild- simulated method will produce ginseng roots that are almost indistinguishable from wild ginseng roots. Over 50 different ‘grades’ of ginseng based on age/shape 8-10 + years for optimum marketability · ginseng is a valuable native medicinal plant that can be farmed in a ‘wild simulated’ cultivation method in many parts of the united states. In the wild, the ginseng plant begins to produce seed after about 3 years of age. How it is grown affects its value. The prices paid for ginseng grown under wild- simulated cultivation are normally the same as prices paid for wild ginseng roots. Wild ginseng from the appalachian region in particular, is the most highly valued ginseng in the world. The chinese believe that the slower growing wild ginseng root absorb more curative powers from the forest floor, hence, wild ginseng is more prized and more valuable. Wild simulated means growing the ginseng in a way that closely mim ics how it grows in its natural setting. In this fact sheet we will be focusing on growing ginseng in the wild- simulated fashion. Ginseng is valued on how it looks.
