At $1 a pound, Blain receives as much as $2,500 per acre of pecans. He estimates that his costs to care for, and then harvest, each acre run about $1,000, a figure which does not count the price of land. So, a $1,500-per-acre profit would certainly put pecans among an elite group of crops in terms of revenues.
How much is 5 gallons of pecans worth?
Pecan grower Bucky Geer estimates a single 5-gallon bucketful is worth about $38. “Some of these pecans are approaching a nickel in value apiece,” said Geer, whose neighbor set up surveillance cameras after a theft. “It makes them too tempting to steal.”
How much money can you make from a pecan tree?
To calculate the net profit, we deduct $63 (cost of product) from $150 (total profit) which is a net profit of $87. So we can say that a pecan tree can produce $87 in 7 years. This might look like a small figure, but note that for commercial use, pecan trees are grown in acres which means more trees.
How much are pecans worth by the pound?
In January 2020, shelled pecans are priced at $5.56 per pound whereas in-shell pecans are priced at 2.08 per pound (http://pecanreport.com/price-list/).
What is the current price of pecans?
US Pecans Price Received is at a current level of 2.16, up from 1.42 one year ago. This is a change of 52.11% from one year ago.
How much is a mature pecan tree worth?
He figures a mature pecan tree is worth $2,500 to $2,850. He estimates the direct costs of buying and growing the original tree to age 12, when the value of the tree’s production equals the cost to produce the nuts, at $309.
How do you make money selling pecans?
Sell your pecans online. Package your pecans in baggies and sell at auction sites like eBay. To set prices, look at the going rate on eBay; this will vary from season to season. You may also want to develop a personal website to market your pecans.
How many years will a pecan tree produce?
Trees will begin producing a few nuts three to four years after planting. Significant production can be achieved in six to eight years. Good production will begin the ninth or tenth year. Trees can be productive for a 100 years or longer.
How many pecan trees can you put on an acre?
In their native and eastern ranges, pecan trees are commonly spaced on a 40 feet x 40 feet grid pattern, which is the equivalent of 27 trees per acre. After about 16.22 years, trees are thinned by half on a diagonal, thus leaving 14 trees per acre.
Are pecan trees a good investment?
“Pecans offer more profit potential than a typical row crop enterprise, a cow/calf farm or a stocker operation, even at peak cycles,” Locke says. But it takes good yields to make good money. “We set a target of 2,000 pounds per acre,” Rohla says. With a $2 per pound retail market, opportunities are pretty good.
How many pecan trees do you need?
For pecan trees to bare nuts you will need two or more different cultivars, as they require cross pollination for maximum productivity. Pecan trees do not bear fruit until they are between the ages of four and 12 years old and that is determined by the cultivar.
Do pecan trees produce every year?
Disease pressure reduces the vigor of the tree and impacts the nut quantity and quality. Most pecan trees are known as alternate bearing trees, which means they are only capable of producing a dependable crop every other year. Most trees are not properly fertilized.
Is there a pecan shortage?
The pecan inventory reports have industry players talking about a possible shortage by the summer time if demand continues to rise over the next months. As of current demand for pecans is slightly down over last seasons record breaking year, but is still comparable to years prior.
What are the best tasting pecans?
The Elliot variety is one of the most flavorful pecans and a favorite with Georgia Pecan Growers. Elliot pecans produce an oilier meat than other varieties which give it the rich flavor.
What are pecans selling for in Georgia?
For lots over 20,000 pounds, including truckloads; Desirable varieties sold for $1.25 to $1.46 per pound (nut count 45-51) with meat yield between 50% to 52%. Elliott varieties sold for $1.20 to $1.30 per pound (nut count 65-75) with a meat yield of 50% to 52%.
What state grows the most pecans?
Georgia
The United States is the world’s leading producer of pecans, and Georgia is historically the leading pecan-producing State, typically accounting for about 33 percent of U.S. production. In 2015, Georgia’s pecan crop is forecast at 100 million pounds (in-shell), an increase of 32 percent over the 2014/15 harvest.
How do I start a pecan farm?
What You Need to Start a Pecan Farm
- Healthy Soil. Your wholesale pecan trees need to put down sturdy and healthy roots.
- Prepare Land. A lot of preparation is often needed to create the proper conditions for pecan tree growth.
- Proper Arrangement.
- Planting Trees.
- Irrigation Capabilities.
- Upkeep.
How hard is it to grow pecans?
Pecans require at least 3 feet of well-drained soil, so rocky areas with thin soil don’t work. These trees are best able to take up critical nutrients from soil that has a pH level of 6-7. Pecans must be cross-pollinated (usually by the wind) to reproduce well.
Are pecan trees high maintenance?
Because of its tremendous size at maturity, a pecan tree can overwhelm many residential properties. It is also a high-maintenance tree based on the amount of resources required to keep it healthy and ensure a harvest. The biggest mistake homeowners make is not giving pecan trees enough room.
Where do pecan trees grow best?
Pecan Tree
Pecan trees provide beauty, shade and a yearly nut harvest. The pecan tree (Carya illinoinensis) is a deciduous tree native to North America and most successfully grown in hardiness zones 5-9.
How many acres do you need for a pecan orchard?
Requirement 2: Sufficient land acreage to support a pecan orchard business. Pecan trees need from 48-55 acre inches per year. 2 Acre inches/week at key times.
Justin Shelton is a professional cook. He’s been in the industry for over 10 years, and he loves nothing more than creating delicious dishes for others to enjoy. Justin has worked in some of the best kitchens in the country, and he’s always looking for new challenges and ways to improve his craft. When he’s not cooking, Justin enjoys spending time with his wife and son. He loves exploring new restaurants and trying out different cuisines.