A Wisconsin ginseng producer says it’s difficult to make a profit with the specialty crop.
Randy Ross with the Ginseng and Herb Cooperative tells Brownfield low market prices are a problem. “We’re running usually about equal to or slightly below the cost of production at this point in time. Hopefully, the market improves to offset that, or you need extremely high yields to compensate for the low market which is always difficult to do depending upon the weather.”
Ross says last year, ginseng was selling around 15-to-22 dollars a pound, and he’s hopeful prices can get into the mid 20’s this year.