Since the last few years, the farming sector has been on the rise, and the reason also includes the growing world population that is set to increase by another three billion by the next three decades. Many young entrepreneurs are deciding to become farmers and grow crops to reap money through the produce.
If this sounds like something you would be interested in doing, you might naturally want to know what the crops are that you, as a farmer, would like to grow. But, since you will be new in the fields, you will have to conduct extensive research on crop cultivation to gain profits instead of losses.
Suppose you decide to grow rice; you ought to know the suitable cultivation method and other things about birds and rice to produce high-quality rice to sell later in the market or consume at home.
Whether you are a farmer yourself or just want to know more about the potential crops that could make you rich – read on to learn more about specific crops that, if grown, can help you make money!
Ginseng is a slow-growing medicinal root that is available in the form of Panax ginseng – also known as Korean Ginseng. Another quite popular ginseng type is Panax quinquefolius – also known as the American Ginseng.
Both of these ginseng types have been used in countless ceremonial and other types of traditional medicine for many years. Despite the absence of scientific evidence that Ginseng has any potential health benefits at all, certain studies of this root have linked it to positively affect certain conditions, including memory, menopause symptoms, and fatigue.
Ginseng also has many potential culinary applications – especially when it comes to Asian cuisine. Many Asian countries include Ginseng in their herbal teas to derive the effect many people get when they have an energy drink.
That said, many farmers consider the growth of Ginseng to be a long-term investment since it takes at least six years for the ginseng root to mature. However, it is also possible to sell ginseng seeds and younger ginseng rootlets while waiting for the full extent of the crop to yield.
Nonetheless, when it is finally the time for the crop to yield, you will be making loads of money, making the extensive six years completely worth it.
This aspect makes Ginseng one of the most profitable investments. This root can be grown under forest cover for no potential cost. So, if you, by any chance, live on the outskirts of society, which includes having a forest as a background – you should definitely consider growing Ginseng and earning money.
By growing wild Ginseng yourself, you will be entering into a trendy niche, which allows you to fetch a pretty good price for something that requires a bit of investment. Since wild Ginseng is becoming something rare – the opportunity to make loads of money is equally growing.
Mushrooms might sound like an odd choice when it comes to the agricultural sector, but they can render you loads of financial benefits. Mushrooms are an excellent farming choice for small-scale farming. They are also a brilliant choice for urban farmers.
For anyone who is thinking about starting farming but doesn’t have loads of space to work with – mushrooms are a perfect choice.
As a matter of fact, mushrooms are often grown indoors as they require a certain humidity level to grow to the best of their ability. When compared to other crops, Mushrooms produce an extremely high financial return per square foot.
This aspect is especially true when it comes to oyster mushrooms. The oyster mushrooms take at least five weeks to reach maturity. You can sell oyster mushrooms for at least $20 per pound. If you are interested in growing mushrooms, you might want to dedicate an entire room to the crop.
You can start by placing the required materials in a large plastic bag and hanging them vertically. This will allow you to save on space. When the mushrooms are close to maturity, they will often force their way out of the plastic bags, which will indicate to the farmer that it is time to harvest.
Many health-obsessed people consider goji berries as super foods, which makes these crops highly sought after – especially in the long run. Goji berries are packed with antioxidants and have even been linked to anti-aging and the potential treatment of certain cancers.
Despite the absence of scientific evidence to back this up, the fact that it is widely sought after speaks for itself. Most Goji berries are harvested in China, but if you live in North America, you can also adapt the Goji berries to grow in this climate.
You can sell dried Goji berries for at least $20 per pound; however, when it comes to fresh Goji berries, you can get a much higher price per pound; mainly when these berries are sold at a farmer’s market.
Saffron is one of the costliest crops you can grow on the earth. If you are not familiar with this crop, you will be surprised to know that you can sell saffron for $2500 per pound – quite impressive if you think about it.
If you grow saffron and get in direct business with a restaurant or culinary studio, you can even sell saffron for a greater price per pound and yield loads of money in the long run. Many restaurants and chefs consider saffron to be a delectable item that they must possess.
Many wealthy foodies consider saffron a tasty yet luxurious food ingredient, which perfectly explains why saffron costs so much. Saffron is derived from the stigmas of the crocus plant – it takes at least 75000 saffron plants to make one pound of dried saffron, which also explains why this crop is overtly expensive.
If you live in California, you are in the ideal position to grow saffron. Compared to the other crops in our list, saffron is considered to be a lot more complex – but thinking about the money you can make, it wouldn’t be wrong to state that in the end, it is worth it.