I was going through some papers earlier and I found an article that I'd like to summarize and write. It is detailing information about the plant mainly the root ginseng. Now I was going to delve heavily into this market when I was still in decent health. Now that I am a bit incapacitated I figured I'd pass on all my grandoise ambitions on to the average John Q or anyone still young who wants to make a comfortable life for themselves. What is that quote about youth? Youth is wasted on the young or whatever. Don't waste your youth!!! Learn all you can. Mash like theres no tomorrow. Its' an everday struggle. Time is money. Money is power. You know the rest. It may get a little "boring" here if business articles don't float your boat.
Alright. Back on track here. The article is detailing the ginseng market and how profitable and substantial the market is. It also of course mentions the physcial attributes and positive effects of the root. Most people know what ginseng is or at least have an idea. That odd looking root in a glass vial that you see in convenience stores that looks like some maniacal science experiment gone horribly wrong. Well average American if you can stop for a minute and try to think of it as more than some odd foreign plant you will find many positive attributes with the plant. The article writes about a scientist who is part of the United States Department of Agriculture. He knows plenty about ginseng. Knows where to find it growing wild in the shadow of the Capital Beltway here. He also raises it at home. And he believes, like the Chinese, that ginseng does wondrous things for the mind and body.
The Chinese want to know all there is to know about American ginseng, which is in big demand in the Orient. By USDA estimates, some 644,000 pounds of the root were exported last year, producing about $39 million in income. I found this fascinating and when I found the article I began to see that there was massive potential in the market. I mean this was the real deal. The best grades of wild ginseng, found extensively in the Appalachian hardwood forests, fetch as much as $170 a pound. The best commercial grades, from farms in Wisconsin, Ohio, Kentucky, and North Carolina in the main, bring considerably less but still are high-profit. The article states that $10,000 from a half-acre plot can be acquired on a regular basis. When I was reading all of the information I was astounded. I always thought of ginseng as a foreign product. Now there was an article telling me that the Wild Ginseng that grows in North America is the most sought after. How great is that for Americans who want to profit from agriculture.
The articles states that demand is so high for the wild variety that it is protected by an international endangered-species treaty and its harvest in the United States is closely regulated by the Interior Department and state governments. I think that is amazing. A Plant has international endangered-species stipulations. I thought stuff like that was only for animals. That is truly amazing. The scientist from the U.S.D.A Research Center said that he feels that the wild root, which is more potent than commercial ginseng, will still be in great demand.
The scientists speciality is the study of medicinal plants, but ginseng garners the most intrigue. The scientist also states that studies in the Orient have found hormonal substances in ginseng that tend to substantiate the idea that it is an endurance-builder, when taken regularly in the form of tea or powder or as a food additive. The article writes that "Growing Ginseng" has become one of the most popular of U.S.D.A's farmer bulletins. The article is from quite a while ago but I'm sure that the product is still a viable market. A store manager told the writer that people are becoming quite sophisticated about ginseng. He said that they are able to distinguish between the different grades. He also mentins that the aphrodisiac is part of the folklore, a commercially popular idea, but it isn't advertised that way in China or Korea and we don't play up that aspect.
In closing I found the article astounding and when I read it I began to think of all the possibilites that could be achieved. I mean there is substantial money to be made in the market. So I am giving more information to those that see the opportunities laid in front of them. To anyone reading I suggest you appreciate what I am giving and go on about your business as usual. When I read anything from anyone I read, watch, whatever and go on about my business. It'd probably be best if you did the same. I hope everyone enjoyed the brief of sorts. You may now tune back to your regularly scheduled program. Later drones.
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