Red Worms, also known as red wigglers, are prized by both gardeners and fishermen. Fishermen use them as bait and often pay up to $25/lb for them. Gardeners use red worms for composting and use the compost that they create, known as worm castings or vermicompost, as a garden soil amendment or as an ingredient in potting mix. Worm castings are often sold for between $1 and $6 a pound, depending on the quantity purchased.
There is a considerable amount of research being done regarding the special plant growth-promoting properties of vermicompost and the results show that worm castings really do help plants grow more quickly and develop into healthier plants than they would have in the absence of vermicompost. Accordingly, more and more gardeners are buying worm castings and they need someone to buy them from. So, raising red wiggler worms is opportunity to make some money in your backyard, or even your basement. The worms are quiet, don't make a mess, are easy to contain and raise and can be kept in any shady, cool spot, indoors or out.
The materials cost for your new worm enterprise will be very low. All you will need to get started is
Once your worms have settled in and have been multiplying and making compost, it will be time to harvest worms and compost to sell. Unless you have a fancy, mechanized worm bin that harvests the compost for you (yes, they do exist), you will have to do this by hand. Without going into too much detail, the harvesting process can be slightly messy and is usually tedious. Just be patient and keep in mind that it will be almost impossible to get every worm out of the compost that you intend to sell.
Once you have harvested your extra worms and compost, it's time to sell them. Ideally, while the worms were hard at work for you, you were busy contacting retail outlets for your product. These can include
Learning how to make compost is a key step to a successful garden. Compost is a mysterious, almost mythical, substance to many gardeners. It can help dry soil hold more water, compacted soils regain their flexibility and poor soils bring forth bountiful organic vegetable gardens.
Vermicomposting is a simple and enjoyable way to recycle your kitchen and garden scraps into usable compost. Vermicompost is a fancy term that means compost made by worms, and it's exactly what it sounds like: specialized worms (a type commonly known as red wigglers) eat kitchen scraps and unusable garden produce and make compost from them.