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Walnut is more expensive as it is a bit rarer due to natural limitations such as size. Ash, Maple, and Cherry are more abundant as they grow larger but have highly sought after aesthetics in the grain which make them less expensive than Walnut but more expensive than some hardwoods.
Is black walnut an expensive wood?
American Black Walnut (Juglans nigra) is one of the most valuable and unique species of hardwoods. Black walnut wood typically demands a higher price point because of its increasing demand and decreasing supply of black walnut trees.
How much does a black walnut tree worth?
If you have a Walnut tree that has fully or considerably grown up and is in a suitable condition with approximately 20 inches, it would be worth 700 to 800 dollars. The diameter of the tree has a major impact on the tree’s worth.
How much is a straight black walnut tree worth?
For example, a black walnut that is Grade A veneer at 19 inches diameter will be worth about $700 or $800. If you add another 6 inches of diameter, that price can nearly double.
Are black walnuts worth any money?
Black walnut logs bring premium prices, and have since the 1700s, with single trees bringing up to $20,000. Bruce Thompson, author of “Black Walnut For Profit,” estimates a mature stand of black walnut trees can bring about $100,000 per acre in timber value alone.
Is black walnut more expensive than maple?
A recent price survey revealed that high-quality, two-inch-thick Black Walnut lumber was selling for $11 per board foot, making it 70% more expensive than Cherry – another American favorite; and double the price of Maple – America’s most popular hardwood.
What is the rarest wood in the world?
Agar Wood. Agarwood is famous for the tea, oil, and perfume that it produces. It’s hefty price tag is thanks to its incredibly high demand and extreme rarity – it’s one of the rarest trees in the world.
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.
How do I sell black walnut wood?
Call or email several professional loggers. Explain that you have a mature black walnut tree you wish to sell. Meet and interview each logger. Request local verifiable references and a blank copy of their contracts.
Should I cut down my black walnut tree?
It is best to remove the little stub branches before they grow over ½ inch (1.5 cm.) in diameter. The tree can seal off pruning wounds much more easily when they are smaller. Walnut tree pruning requires careful observation and judgment.
Can you sell black walnuts?
A mature stand of trees can produce 1,500 to 2,000 pounds per acre. Selling to a buying station may only earn 50 cents a pound, but selling retail at market can bring up to $12 a pound. At home, if you’re shelling small quantities, set the end of a nut on a hard surface and whack the top end with a hammer.
How long do black walnut trees live?
Black Walnut Tree Info Black walnut trees are native to the central and eastern United States and until the turn of the century, quite common. These trees can live to up to 200 years of age and are one of six walnut species found in the United States.
How much do black walnut logs sell for?
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 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.
Can u eat black walnuts?
Allow the freshly removed nutmeat to dry for a day before storing. Black walnuts can be enjoyed raw and have an interestingly sweet and earthy taste to them that goes great on top of desserts, such as ice cream or cupcakes.
Can I sell black walnuts from my tree?
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.
Can you make money picking up walnuts?
The total payout each year, on average, is approximately $3.5 to $4 million. Some of them need the money to get by, according to Hammons. “So they take them out, have them pick up the nuts, and they can have the money,” Hammons said.
Why are walnuts so expensive?
Why Are Walnuts Expensive? Like all nuts, walnut prices have increased because they are more in demand than they used to be. Like pecans, they are grown high in the trees and produce a small yield, making the labor and harvest more of a task.
How much does a slab of black walnut cost?
Walnut Slab Price Sheet Slab Width Black Walnut Cost English Walnut Cost 20″ or Less $10/bd ft $10/bd ft 20″-29″ Wide $12/bd ft $12/bd ft 30″-34″ Wide $14/bd ft $14/bd ft 35″-39″ Wide $16/bd ft $16/bd ft.
What is the difference between walnut and black walnut wood?
English Walnuts vs Black Walnuts: The Wood The juglans regia tree (English Walnut Tree) is smooth and soft with fewer ridges while the bark of the juglans nigra (Black Walnut Tree) is hard and grooved. The English walnut tree takes years before maturity, while the black walnut tree grows very fast.