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Cost and return estimates are presented for selected medicinal herbs grown in a plant-spacing study at two sites in New Mexico. The selected herbs were echinacea [ Echinacea purpurea  (L.) Moench], valerian  (Valeriana officinalis  L.), and yerba mansa ( Anemopsis californica  Nutt.). Significant returns to land and risk were observed in the crops grown at the closest plant spacing, 12 inches (30 cm). Return to land and risk after two growing seasons from echinacea was estimated for a 10-acre (4-ha) farm to be $16,093/acre ($39,750/ha) in Las Cruces and $14,612/acre ($36,092/ha) in Alcalde.

Costs and Returns of Growing Selected Medicinal Herbs in New Mexico Indicate Positive Return to Land and Risk Likely