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Friday, April 27, 2018

How Walnut Farming in Nigeria Creates Millionaires

Production Capacity and Profit Potential
Commercial Walnut farming requires having knowledge of output per acre. Ideally an acre should contain a 100 trees. This allows for even spacing and maximum yield. So what is the production capacity of an acre of Walnut plantation? An acre of Walnut plantation produces up to 6,000 pounds of nuts! Black Walnut logs are priced for its quality veneer timber. Growing Walnut trees for its timber requires a longer waiting time. 30 years is the ideal waiting time before harvest.

The profit potential is massive! For timber alone, a matured tree can fetch over $20,000 to $25,000. This is the international market valuation. This shows the impressive profit potential inherent in Walnut farming. As discussed, how profitable your Walnut farming business becomes depends on your dedication and commitment. Adequate funding is necessary for starting this business. Especially in its early stages.

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