Are black walnuts valuable?

Reports of black walnut trees being sold for hundreds or even thousands of dollars often cause homeowners to dream of huge profits from selling their backyard walnut trees. Unfortunately, while good quality walnut trees are often quite valuable, walnut trees grown in an urban setting usually are not.

Are black walnuts worth any money?

Find some extra income when you find Black Walnuts!

Beginning October 1, 2016, American Black Walnuts are worth the highest price in history: $15 per hundred pounds (after hulling) in states west of the Mississippi and $14 per hundred pounds (after hulling) in states east of the Mississippi.

How much can you get for black walnut?

Thus, a 22-inch DBH black walnut tree with one 8-foot veneer log may bring $510 (170 board feet x $3.00/ft), whereas a 26-inch DBH black walnut tree with one 8-foot veneer log may command $1300 (260 board feet x $5.00/ft).

What do black walnuts sell for?

It is common for farmers and other small-scale growers to sell black walnuts locally. Fogle said one can expect to earn anywhere between $8 and $10 a pound for black walnut meat at farmers markets.

How do I sell my black walnuts?

Selling directly to large companies probably won't be feasible, unless you grow walnuts on a vast scale. You can, however, sell your shells to companies that process them for resale, such as Hammons Products.

I FOUND A GOLDMINE: How Much Is This Walnut Really Worth?

What are black walnuts worth 2021?

Black Walnuts are beginning to fall all over the area, and this year they're worth more than ever. To open the season, harvesters will be paid $20 per hundred pounds (after hulling)! This is a 25% increase from last year and the highest buying price in the 75 years that we've been in business.

How much is a board foot of black walnut?

The going stumpage rate for quality black walnut is around $0.8 to $2.00 per board foot for sawlogs (used to make lumber). Veneers, used to make fine face veneer for architectural paneling and furniture, among others, will cost you even more money, typically starting from $3 to $10 per board foot.

How many pounds does a black walnut tree produce?

Healthy and mature walnut trees produce from 66 to 350 lbs. (30 to 160 kg) of nuts, but this production cannot be achieved every year. The tree has an inherent tendency towards alternate bearing, and it usually yields a good production in every other year.

What tree is worth the most money?

An African Black Ebony tree from Gabon could be worth a million dollars, if you can find one. Due to its high value many species of Black Ebony are now extinct or on the verge of extinction. The Paulownia may currently be the world's most valuable sustainably harvested hardwood tree.

Should I cut down my black walnut tree?

Here are the best reasons to cut down your black walnut tree: Other plants can't grow around it, it has surface roots, it requires too much upkeep, branches are too close to your property, to minimize storm damage, or the tree is dying and browning.

Does anyone buy black walnuts?

AMERICAN BLACK WALNUTS

Each year, millions of pounds of nuts are purchased from approximately 215 buying locations across the United States.

How much does it cost to plant an acre of black walnut trees?

Unless family labor is used, it costs about a $22.00 per acre to plant the trees, assuming a cost of labor at $7 per hour. With the cultivated ground, equipment consists of only a shovel, making the actual planting cost per tree about 93 cents.

How much money does an acre of walnuts make?

At full production on good sites, 1,500 to 2,000 pounds are possible per acre each year. Selling cleaned dried nuts at $0.50 per pound yields a gross of $750 - $1,000 per acre. Direct marketing black walnuts are also a possibility, with retail prices per pound consistently exceeding $12.

Is walnut wood in demand?

Walnut, (Juglans nigra ) is considered one of the most valuable hardwoods that grow in the North American region. For generations people have chosen walnut for use in fine furniture, cabinetry, architectural panels, doors, floors and more! Recently, we have noticed a steady increase in demand in walnut.

Is there a difference between black walnut and walnut?

Did you know? Black Walnuts are the only all-wild tree nut in the United States. Nearly all Black Walnuts come from trees growing in the wild, while English walnuts come from orchards. The main difference between Black Walnuts and English walnuts are the rich, bold, distinctive flavor of the Black Walnut.

What is the current price of walnut?

The total 2020 walnut crop purchased from producers, for whom pricing had been finalized, reached 728,746 tons at an average price of 60.5 cents per pound.

Why are there so many black walnuts this year?

Trees often increase flower bud production when they are under stress, so the dry weather in 2020 resulted in increased production of flower buds that emerged in spring 2021 to produce the abundance of nuts this year, Cregg said. “So really it's the weather last year that has influenced what we saw this spring.

What is the most valuable walnut tree?

Herrett and many of the so‐called tree veterans in this region witnessed a tree story that they will be talking about for years. It was the sale, for $80,000.01, of 18 black walnut trees, including one that‐the hardwood industry considered the most perfect and valuable black walnut tree in the nation.

How long does it take to grow a black walnut tree?

A black walnut tree is easy to grow from a nut. But to grow and produce nuts takes eight to 10 years. Squirrels help bury more walnuts on the property. Most are buried in the shade, which is a poor site.

What do you do with black walnuts in your yard?

Cure the Black Walnuts

Spread the black walnuts out in a single layer and let the nuts cure in a cool, dry area, out of sunlight, for two to three weeks. Be sure to cure the nuts in an area where squirrels, chipmunks, or other rodents can't find them, or you will be left very disappointed.

Do black walnut trees produce nuts every year?

But just how often do walnut trees produce walnuts? Walnut trees will bear fruit once per year. However, the amount will vary each year. Occasionally, walnuts will not produce any fruits during the growing season because of stressors such as drought, pests, or lack of nutrients.

What is the life expectancy of a black walnut tree?

Black walnut grows slowly, maturing on good soils in about 150 years; it may have a life span of more than 250 years.

Can I burn black walnut in my wood stove?

As long as you keep a close eye on the flame and make sure it's burning consistently, there should be no problems at all with using black walnut wood in your fireplace. In fact, you can even burn it on your wood stove if you prefer.