The black walnut tree is a deciduous tree that is native to North America. This tree is quite useful and it is prized because it can be easily worked with and because a lot of people like the rich brown color of its lumber. Aside from its uses in construction, this tree is also prized for the distinct taste of its walnuts.
There are actually a lot of black walnut tree cultivars. They can either be bred specifically for the lumber they can provide or for their nuts. Today, it can be very hard to find black walnut trees that are in good condition simply because many of the areas where they grow in have the thousand canker disease.
This disease is causing the decline in the trees population. To assess its value, you need to consider its allelopathic characteristic as well as its slow aging process towards maturity. These trees cannot be easily grown together and it will take decades before you can use them.
Before trying to cut or sell a tree, you need to consider making sure that it is large enough so that you will be able to sell it for a good price. In some cases, the tree will need to have at least 14in. in diameter before they can be sold for a good amount of money. The bigger the diameter, the higher the worth.
Sometimes the tree will be valued depending on its financial maturity and biological maturity. Some buyers will also grade the tree depending on the quality of the wood. The tree can either be graded as veneer quality or lumber quality. Veneer quality trees are rare, this is why they are more valuable.
For a black walnut tree to be given a veneer quality, it needs to have as much as 19 inches in diameter and it should not have defects. Although you can now sell a tree this big, some would suggest that you keep growing the tree until it will have 25in. in diameter so that it will be able to have a higher value.
Some experts also say that as soon as you see a tree that can potentially be graded as veneer quality, you should try to let it grow to at least 24 – 26 inches in diameter. As for lumber quality trees, you might still be able to sell them for a good price because walnuts are known for its high-end lumber.
When it comes to selling black walnut trees that have a lumber quality grade, one that has a 14 inch diameter and a 16-feet log can have as much as 50 board feet. Since each board feet has an average value of $1.00, you can get as much as $50 for this specific tree.
For trees that have an 18 inch diameter and the same length, you can get as much as 100 board feet. For trees that have a 24 inch diameter, you can get as much as 220 board feet. The stump value of both trees will be $100 and $220 respectively.
For veneer quality trees on the other hand, they need to have at least 22 inches in diameter as well as an 8-foot log that is in good quality. This tree can make as much as 170 board feet and since it can be sold for around $3.00 per foot, you can get as much as $510 for it.
If the veneer quality tree has a 26 inch diameter, it might fetch as much as $1300 in the market. In some areas, a 19-inch veneer log will only be valued at $700 - $800, while a 25 inch veneer log will have a price of $1400 - $1600 depending on the current market conditions.
If you want to sell the nuts on the other hand, you should know that cultivars that have very high yield can produce as much as 2,000 pounds of walnut per acre. In the U.S., you can sell these walnuts to a Hammons Products buying station for around 13 cents to 45 cents per pound.
Black walnut trees are very valuable today because they are known for their quality lumber and for their delicious walnuts. Although they can be worth a good amount of money, especially ones that have veneer quality, you should know that these trees cannot readily give you a return of investment.
This is because you will need to wait for as long as 10 years before these trees can produce walnuts. You will also have to wait for as long as 30 years before nut production can reach its peak. If you want to sell the logs, you will have to wait for 50 – 80 years before you can get the best value.
In general, black walnut trees are worth a decent amount of money but they are not really that good from a business or investment standpoint. If you want to sell them, you should try to look for veneer quality ones as these trees can fetch a higher price in the market.
My name is Emily Taylor, gardening is my passion and I’m looking forward to sharing it with everyone. I know that there are millions of people out there want their backyard and garden be attractive just like their front yard, so I am here to help you create your own backyard paradise.