In these parts the nuts bring more money the the tree's do. Can make decent money from hedge for fence posts though.
I'd be interested in some links for walnut buyers. Post emWell, I guess this would probably be classified as both a hobby and future investment, although it's true I'll probably never see any financial benefit from it. More likely it would be something for the kids to hopefully benefit from.
Fruit trees as far as I'm concerned are a PIA. they also have to be fenced for at least 5-10 years. They have to be sprayed several times a year and then the birds, deer and bear love to ravage the trees in the fall. I have about a dozen apple trees in my yard that provide me with lots of wonderful fruit, but they also take a lot of attention if you want to get good apples.
I actually think now I could get closer to $7000 for the wood on the 6 acres by cutting and skidding it myself, and that's after hauling charges too. So even a $5K initial investment without any cost-share money should still leave me a few grand to play with. I'm anxious to see what the guy from the soil conservation district will say on Tuesday.
If you want to sell some of your walnut trees it shouldn't be that hard to find buyers for them. You might try the walnut council, I think they have some links to help people find buyers for their trees and also lots of other info about walnut trees and growing.
Pat
I'd be interested in some links for walnut buyers. Post em
Is that right? 1000 different 'species" of trees?
If your doing it as an investment I give you a big thumbs down
I guess I should have said "a 1000 trees of various species".
Tubes are a pain in the ...but I didn't see wire as a much better alternative. The post holding up the tubes often break, rot, get knocked over, etc and I've replaced at least 300 of them over the last decade. The tubes make great nests for field mice, voles, and wasps. Even if you bury the tubes below grade, they have always raised above ground level in the winter because of frost heaves and the little critters still get in there. The tubes make it much easier to combat weeds with a quick shot of herbicide. I have found the green tubes to be more productive then the tan tubes. I'm not sure if wire would be easier. One thing I would do would be to use 1/4" fiberglass rods instead of 1x1 wood posts.
As Big Daddy said above, I don't think it's really worth it if you're doing it JUST as an investment. You are going to be spending a hell of a lot of time out with the trees. If you don't enjoy taking care of them, you will never get the return on your investment that you're looking for.
I think you're correct about fruit trees. If it's not a passion, it's not an option. We planted an fruit orchard the first year we moved out here. We put up fencing to keep the deer out, but it was only 5 feet tall. They jumped over it easily. After years of pruning, spraying, frost damage, freeze damage, cedar rust and everything else, I got sick of it. I bulldozed all but 4 of my favorite apple trees. I don't miss the work at all.
There is no walnut council in Pennsylvania.
I actually think it will be quite enjoyable to spend time maintaining them and watching their progress from year to year, its kind of something I've always been interested in.
Gents, do any of you guys have any experience with growing black walnut as investment trees?
Pat
I considered it 13 years ago and opted not to pursue it as 1) I was already late to the party-SW of Purdue Campus (and I'm sure lots of other places) already had many thousands if not millions planted and 2) I read the hybrids were not that superior to the native species to warrant their cost. I planted a small number of red oak and black cherry instead (35% mortality after 13 years due to deer/poor soil), gambling that the walnut market would be saturated by the time my trees got there. Like you, I really don't care if there is a return. I did it for future generations and the land was idle. I can tell you that a few hundred 15 year old trees generate alot of prunings. Do it if you like trees but don't promise your descendents an early retirement. To see a tree you planted 20 years ago reach 50' is rewarding in itself. Concerning current walnut prices :for a few walnut logs last spring I was only offered 250@ and these were nice straight limb free 20' logs 18 to 24 " in diameter.
I did not plant black walnut trees, but I do have thousands of them on my farm. Just had some cut last spring/summer. The logger was nice enough to tell me to wait about ten years to harvest the rest because the would be bigger, veneer quality. Said I would get about 4 times the money of what he would have paid me then. ( couldn't get that much if I put the money on the bank for ten years). There is a lot of money in walnut trees, but they take A LONG time to grow . He told me that with the size of the trees I had ( the smaller ones were roughly 20 inch dbh) that they would grow on average 1/4 inch per year.Gents, do any of you guys have any experience with growing black walnut as investment trees?
It's winter, so that generally means I'm bored out of my mind ! I'm just itchin' to fire up the Husky and start dropping timber....LOL. I've got about 6 acres across the road from my house that is mainly second growth aspen, soft maple and white birch, with some red oak, black cherry and red/white pine mixed in. I've been reading a lot about people who plant timber species, especially black walnut, as future investment trees. Now I'll never see a stick of wood from these trees, but my kids/grandkids should some day.
Purdue University has been working with black walnut and other timber species like oak and black cherry for years and have now produced genetically superior stock that grows straighter and faster than regular native trees. My local soil conservation guy is coming out to look at the site next week. If he likes it I can get a 50/50 cost-share for buying the seedlings and some other expenses. I figure it would cost me about $4,500 for the seedlings, tree fencing/shelters and fertilizer without any cost share money. I can probably get at least that much for the aspen, birch and pine logs alone. The maple, cherry and oak I would probably just keep for firewood, maybe sell a few oak logs if they are any good.
I figure I could clear cut the whole thing by March and have everything decked up a few weeks later.
Am I NUTS !?
Pat
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