Based on the daily palm oil price of RM2,215, that gives RM3,985 per acre (1.8x2215) or USD1,226 per acre (3985/3.25) per year (being used as a standard and guide), growing ginseng is considered superior.
After the third year, the ginseng farm would have reached full productivity. The yield per acre is about $50,000 whole sale. Not too bad for a young plantation. Seeds can be purchased at $25 per lb. So no shortage of stratified seeds. The yield will include both the seeds and the roots in the ratio of 1 : 3.
Since I have nothing much to do from now to spring, I will do some hobbies and know more gals. Maybe ask the Father to let me be his assistant Father. Must pressurize this gangster, he practizes common church belief. He seems like a nice bloke. Next week, I am attending the Mormon church service for the first time. Already got so many pretty gals asking me out.
Project Update:
- Discussion with a stratified seed supplier is on-going. He asked for $25 per lb. I will initially need about 500 kg. I will check further. Planting will start in spring.
- Equipment suppliers were also contacted to provide shade design and water management.
- Soil test samples would be taken in spring too, just before planting. Adjustments to pH would be made.
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