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How much are my black walnut trees 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. The larger the diameter is, the greater will be the worth.
How much can you make from a black walnut tree?
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.
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 calculate the value of a tree?
The formula is: Tree Value = Base Value x Cross-sectional Area x Species Class x Condition Class x Location Class Base Value is the dollar amount assigned to 1 square inch of a tree’s trunk cross-sectional area and is typically based on the cost of the largest available replacement plant of the same species.
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.
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 is black walnut worth a board foot?
Good questionit’s worth whatever someone is willing to pay you! HOWEVER, the going stumpage rate for quality black walnut right now is around $0.80 – $2.00/bd ft for sawlogs (used to make lumber) and $3.00 – 10.00/bd ft for veneer logs (used to make fine face veneer for furniture, architectural paneling, etc.).
How fast do walnut trees grow?
Black walnut is one of the more rapid- growing hardwoods. On good sites young trees may grow 3 to 4 feet in height per year, and in 20 years may attain heights of 40 to 50 feet with diameter of 6 to 10 inches.
What trees are worth logging?
Some of the most recognized hardwoods include maple, oak, ash, beech, sycamore, alder and cherry. Another important factor in product value is tree size. Trees that are taller and larger in diameter will bring higher sale prices because they have more usable volume.
What are 4 benefits of trees?
The Benefits of Trees Clean air: Trees produce oxygen, intercept airborne particulates, and reduce smog, enhancing a community’s respiratory health. Climate change: Trees sequester carbon (CO2), reducing the overall concentration of greenhouse gases in the atmosphere. Energy conservation:.
Are oak trees worth money?
Out of the approximately 50 varieties of oaks growing in North America, only two oak trees have significant commercial value: white oak and red oak. Due to the short supply of commercial white and red grade sawlogs, other oaks of less value such as black oak are milled and sold for veneer and timber.
How much is a mature elm tree worth?
Table of cost of mature trees Tree type Basic value Elm 1.35 Eucalyptus 2.1 Fruit Wood 18.12 Poplar 0.35.
Is black walnut wood expensive?
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 do 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).
Is black walnut wood valuable?
In addition to their value as shade and nut-producing trees, black walnut has long had a reputation as a valuable species for timber and veneer production. Though prices for top-quality timber peaked in the 1970s, high-quality black walnut can still command fairly decent dollar amounts.
Are walnut trees profitable?
Commercial walnut farming can also be very profitable in California, and the environment is ideal for walnut cultivation. Also, farmers can plant high-value crops like raspberries, blueberries and others, as the wide spacing between walnut trees allow for secondary crop cultivation.
What is the most profitable nut to grow?
ALMONDS. The United States is one of the leading almond producing countries in the world. CHESTNUTS. The American Chestnut was once the dominant tree in hardwood forests until the chestnut blight fungus destroyed it over 100 years ago. FILBERTS. PECANS. WALNUTS. MARKETING.
Is tree farming profitable?
It’s earth-friendly and more profitable than you might imagine when you grow high-value trees. Traditional tree farms are much like a plantation with one primary crop, saw and pulp logs. This means growing Christmas trees makes a tree farmer about ten times more profit per acre.
