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.
Is pecan nut farming profitable?
While pecan farming can be a lucrative venture, aspiring nut growers must begin with a solid foundation, says Shane Eva, farm manager for Halls and Sons. Pecan nut farming is a long-term investment, dependent on the producer making the correct choices early on in the business.
How much do raw pecans sell for?
In general, the hard shell pecans cost $6.99 per pound, and the pecans with a paper shell cost $7.49 per pound. Pecans without shells from a pecan farm can cost you nearly $13.99 per pound.
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 much do pecans sell for per 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/).
Are pecan trees worth money?
Seedling trees can be purchased for as little as $8-10, depending on size and quantity. Improved varieties (budded trees) range in price from $10-25, depending on size and quantity.
How much does it cost to start a pecan orchard?
A cost of $2 to $4,000 per acre, not including the cost of the land and irrigation, is required for orchard establishment.
How many years will a pecan tree produce?
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. Pecans, like other fruit and nut trees, exhibit a characteristic called alternate bearing.
Where can I sell my pecans?
Farmers can sell their pecans in-shell or shelled. They also can sell straight to consumers through farmers’ markets and online websites for retail prices or to accumulators, wholesalers and shellers for wholesale prices.
Why are pecans so expensive 2021?
Why Are Pecans Expensive? Pecans are grown in many countries, but like a warmer climate with just the right number of chill hours each winter. Pecan trees take 10 years to really mature and produce a real crop. They require a good deal of water, sun, and chill hours.
Why are pecans so expensive?
The reasons behind that escalating price all come down to natural forces: supply and demand and weather. Their growing economy means they’re more willing to pay higher prices, and that’s raising prices everywhere. The demand is also moving faster than the pecans can grow.
How much do pecan farmers make per acre?
Typically, trees produce 40 to 50 pounds per acre at five years. “The record for a 5-year production average is 1,000 pounds per acre,” Rohla says. Production costs for initial outlay for land preparation, planting and irrigation range from $1,000 to $2,000 per acre “in our old budget,” says Rohla.
How much does a pecan tree cost?
Seedling trees can be purchased for as little as $8-$10, depending on size and quantity. Improved varieties (budded trees) range in price from $10-$25, depending on size and quantity. Purchase price of new trees is included in establishment cost of year 1 in Table 1.
Can you depreciate pecan trees?
The trees are normally depreciated over a 10-year period us- ing the straight-line method. When pecan trees are planted, the rules for recovering the costs of establishment can be confusing. Farming busi- nesses are required to capitalize all expenses incurred during the preproduction period.
How many pecans does it take to make a pound shelled?
If you happen to have pecans in their shells, remember that 1 pound equals 3 cups shelled, about 4 cups pecan halves, and about 3 3/4 cups chopped nuts.
How much does it cost to shell pecans?
With prices ranging from $0.95 per pound to $1.45 per pound, we will crack as few or as many pecans as you have. The cost varies based on the condition of your pecans as well as the variety. Removing any debris and curing your pecans can reduce your cost.