5 specialty crops you may not know make a lot of money.
Growing a specialty crop is the best way to combine a passion for gardening and the ever-present necessity to turn a profit. Unlike farming which involves crops like grains, veggies, and fruits, specialty crops can be grown on a smaller scale and generate greater profits on smaller amounts of land — as much as $60,000 per acre is not unusual. (Don’t be fooled. These STILL require a lot of work.)
All of the crops listed below fall into this category. These specialty crops you will find listed here have been specially selected for being easy to grow and considerably profitable if done right. Even better, the crops basically grow themselves, if you have a few hours a week for attention and a couple of hundred dollars for a start-up, you could be well on your way to making a living off your green thumb.
1. Lavender Farming
Lavender is an especially profitable farming idea with a soothing scent and versatile nature. Small growers can make considerable profits selling the blossoms in bundles to the florists or crafters of various ornaments and arrangements. Lavender is also especially valued for making essential oils which require large amounts of blossoms to produce. Then you can stuff pillows, or sell the blossom by the pound.
2. Mushroom Farming
Urban farmers lacking the sprawling acres of gardening space will find that growing gourmet mushrooms may be the best way to capitalize on their green thumb. Mushrooms are just about the most profitable crop per square foot— that can be grown legally. Two of the most common varieties of mushroom for the home grower are shitake and oyster mushrooms, which can produce around 25 lbs from a 10 X 10 gardening plot in a year — at the current rate of $7 a pound, this is a good chunk of money and perhaps the best of these profitable farming ideas.
3. Woody Ornamentals
Also known as “woody stems”, woody sprigs can be sold to florists and other businesses that produce flower arrangements and authentic ornaments. Many of these woody sprigs have vibrant colors and make an attractive garden display, others have attractive berries, flowers, or buds that are valued for individual styles. Some common woody sprigs to grow are Redtwig Dogwood, Forsythias, and Hydrangeas.
4. Bonsai Cultivation
From trees no taller than your finger to miniature maples and firs, the Japanese Art of Bonsai cultivation can make you very rich if you have the patience and attention to detail to create a masterpiece. The hobby of bonsai growing is rapidly taking on popularity and there is a huge demand for these productions from hobbyists of all proficiencies as well as avid collectors.
Most of the time a cultivator will specialize in one of four different areas of the trade— starter trays where young bonsai are nurtured, untrained trees and shrubs beginning in new pots, trained specimens for starting hobbyists, and finally the specimen plants that can be sold for well over $100, and even many times that, if done right.
5. Garlic Growing
Many growers affectionately refer to garlic as the “mortgage lifter”. Not only because gourmet garlic can fetch a pretty penny when sold to the right buyer, but garlic in its many varieties is virtually impossible to lose due to poor soil or too much water. Garlic is an especially hardy plant and will survive in just about any condition, and its highly popular — there is hardly a cuisine in the world that does not feature prolific garlicky dishes, and why wouldn’t they?
When starting to grow your own crops for profit, keep these tips in mind when planning, buying, and beginning operations. We’d love to hear about your own experiences with these crops! What are your thoughts? Leave us a comment in the section below!
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