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Lavender stands out as an exceptionally versatile crop. The flowers can be sold for a variety of uses, from dried bouquets to essential oils. Expect to harvest approximately 12,000 bunches per acre, with market prices ranging from $6 to $13 per bunch, leading to potential earnings of between $72,000 and $156,000 per acre over several harvests.
4. Bamboo
Although not edible, bamboo offers significant profit potential. As a rapidly growing plant, numerous varieties can thrive in various climates. Farmers can earn over $60,000 per year from bamboo cultivation, catering to landscape use and decorations.