How Much Money Can You Make Selling Pecans?
Blain receives up to $2,500 per acre of pecans for $1 a pound. He estimates that his labor to care for and then harvest each acre would cost him about $1,000, a figure that does not include the cost of land. Pecans would certainly rank among an elite group of crops in terms of income if they earned $1,500 per acre.
How much money can you make from a pecan tree?
We deduct $63 (cost of product) from $150 (total profit), which is a net profit of $87. We can say that a pecan tree can make $87 in 7 years. This might seem like a small number, but keep in mind that pecan trees are grown in acres, which means more trees for commercial use.
How much is a mature pecan tree worth?
According to him, a mature pecan tree will cost $2,500 to $2,850. At $309, he estimates the actual cost of buying and growing the original tree to age 12 when the value of the tree’s production equals the cost of producing the nuts.
How do you make money selling pecans?
Sell your pecans online. Sell your pecans in baggies and sell them at auction sites like eBay. To set prices, look at eBay’s going rate; this will vary from season to season. To market your pecans, you may also want to create a personal website.
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 yields ranging from 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%.
Milled and dried pecan wood is difficult to sell as lumber, according to a local sawmill, despite the fact that pecan and hickory woods are ranked as the number three hardwood species in the United States, behind only black walnut and black cherry in terms of value.
How many acres do you need for a pecan orchard?
Requirement 2: Sufficient plot acreage to support a pecan orchard operation. Pecan trees need 48-55 acre inches per year. At critical times, 2 acres per week is enough.
What is the current price of pecans?
The price for US Pecans is currently 2.16, up from 1.42 a year ago. This is up 52.11% from a year ago.