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Furthermore, how many acres do you need for a lavender farm? One acreof lavender will yield well for 8 to 10 years. An acre supports 34 rows of 80 plants, Byrne explains. It takes three years from when 4-in. cuttings are planted until the first full harvest.

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A 20鈥?x 20鈥?growing area can produce around 300 bunches each year, worth $1,800. Larger plots are even more profitable. A quarter-acre can produce about 3,000 bunches, worth $18,000. Unsold lavender bunches can be dried and sold to crafters and florists, who use the bunches for dried floral arrangements.

She knows from experience that this useful plant offers distinct advantages from a farming perspective. One acre of lavender will yield well for 8 to 10 years. An acre supports 34 rows of 80 plants, Byrne explains. It takes three years from when 4-in. cuttings are planted until the first full harvest. Peak harvest is at about five years.

Fertiliser is not critical however lavender does require high levels of Calcium and a pH of 6.8 to 7.3. Finally, depending on what type of business you intend to run there may be a need for shedding, retail area, car and bus parking and gardens. Setting up a lavender farm does not necessarily need to be a large capital expense.

Find here a detailed lavender farm business plan for your ready reference. Commercial lavender farming is a profitable business opportunity even for small entrepreneurs. However, a large piece of land ensures a better profit ratio. The scientific name of the lavender is Lavandula. And the plant belongs to the family Lamiaceae.