Does growing peonies make money? Is it profitable to grow peonies?

Does Growing Peonies Make Money?

A comprehensive introduction to whether growing peonies can make money, covering the knowledge of flowers and plants. Let's explore this topic together next.

Does Growing Peonies Make Money?

Peonies have a wide range of applications, used extensively in medicine, food, chemical industry, and perfumery. They are also popular in foreign markets, with annual exports reaching tens to hundreds of thousands of tons. Currently, there is a high demand in the market, so growing them has great development prospects.

Does Growing Peonies Make Money?

Peonies have a wide range of applications, used extensively in medicine, food, chemical industry, and perfumery. They are also popular in foreign markets, with annual exports reaching tens to hundreds of thousands of tons. Currently, there is a high demand in the market, so growing them has great development prospects.

Profit and Benefits of Growing Peonies

The cost of growing peonies on one mu (approximately 0.067 hectares) is about 1,300 yuan, mainly covering land rental costs. Since labor and rental costs vary, the cost will differ in different regions.

Peonies can be planted three times a year on average, and some potted plants can also be sold. Depending on the market price, the average profit per mu per year can be around 8,000 to 9,000 yuan.

Techniques for High-Yield Peony Cultivation

1. Peonies prefer a warm and dry environment and grow best in loose, fertile, well-drained neutral sandy loam. Do not use acidic or heavy clay soil, as it can cause malnutrition in peonies.

2. Peonies require a lot of sunlight but do not tolerate intense summer sun exposure. When the temperature exceeds 25°C, peonies will enter a dormant state. The optimal blooming temperature for peonies is around 17-20°C.

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