No, Asparagus does not tolerate being in the water. It is recommended that you plant in fresh soil. Asparagus grows best in acidic soil, which means it is best suited to areas with lots of limestone.  The best PH value favorable for this plant is between 6 and 7. If the soil has a PH above 7, the asparagus will not grow properly.  Asparagus needs a lot of sun but does not like too much heat or too much water. The soil should be well-drained and moist, but not soggy. Asparagus needs a long growing season. If the weather turns cold in the fall, the plants may not grow properly the following spring. You can plant asparagus in the fall if you live in a colder climate. In warmer climates, you should plant in the spring to get an early crop.