Plantation Investment Opportunities in Black Walnut

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An economic ranking of alternative opportunities for black walnut (Juglans nigra L.) plantation investments in the Central Hardwood Region is presented. Physical responses were estimated using unpublished black walnut growth and yield data and the current U.S. Forest Service guide for upland hardwood management. Cost data were synthesized from various sources and combined with prices obtained from a major walnut buyer to determine the relative profitability of each alternative. The rankings indicate that high sites, thinning, and wide spacing definitely produce higher values. Pruning may also become a more profitable alternative, given probable changes in markets, grading, and technology. The general analytical approach has application to a variety of species and problems.

Document Type: Journal Article

Affiliations: University of Wisconsin, Madison

Publication date: April 1, 1969

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  • The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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