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How long does it take for a walnut tree to start producing?

In a well-managed orchard it can take 4-6 years, but it depends on the weather. Even the most experienced growers can’t control the weather.

If there are no serious weather events in the early years of a walnut tree’s life, it will begin to produce in 4 years. Serious weather events (drought, sunburn, night frosts, hail, etc.) will reduce the harvest of a mature walnut tree, but can actually damage or even kill a young sapling.

After a tree begins to produce its first harvests, it will take another 4 years to reach maturity and reach its maximum production. This is a special time in the life of a walnut tree, since each new harvest can double or triple the production of the previous one.

In 7-10 years, the new Orchard will have reached its maximum production and will provide a lifetime of production for its owner.

Is walnut farmland profitable?

Why walnuts? Why not almonds, pecans, etc?

Walnuts are the leading tree nut consumed in rapidly developing medium income countries (especially China), with a 27% market share. In the last 10 years world walnut consumption has grown by more than 50%, about 5 times the growth rate of the world population.

The almond, for example, fetches a similar price, but produces less than half the yield of the walnut per acre/hectare, making it much less profitable over the long haul than a mature walnut orchard.

The pecan fetches a higher price, but can only be marketed to buyers in North America, with the U.S. and Mexico accounting for over 85% of world consumption, leaving growers at the mercy of US/Mexico trade policy. 

The walnut on the other hand enjoys large markets throughout Europe, Asia, the Middle East, along with North & South America. No single country accounts for more than 40% of walnut consumption, shielding walnut growers from the effects of tariffs and trade conflicts.

Although no one would consider cutting down a producing orchard, after 60-100 years as walnut trees age, they may begin to reduce their annual production. The walnut tree, however, is also highly valued as timber. The value of walnut lumber can easily equal the profit of 10 harvests, giving the orchard’s heirs access to a large amount of capital should they decide to exit the business in the future.

Why grow walnuts in Asturias, Spain?

Asturias’s climate is ideal for walnut production. Walnuts need 700-1300 hours of cold sub-45°F (7°C) temperatures to reach their full potential. With an average of 1300 hours over the last decade, even future climate change leaves Asturias as a prime planting location for walnut growers.

Asturias has an abundant water supply as well. With plenty of abundant rivers and aquifers in Asturias walnut growers have ample access to the large quantities of water needed by a walnut orchard.

What does managed walnut farmland mean for you?

1. Your walnut trees grow inside a master farmland project that includes access to wells, electricity, and a modern drip irrigation system, all included at no additional charge.
2. Your walnut trees are planted and cultivated by a professional team of agricultural engineers with decades of experience in walnut growing.
3. We are financially responsible for the success of your walnut trees during the first 5 seasons. Any trees that fail – for whatever the reason – are replaced at no cost to you. All maintenance costs until the production start are included.
4. You do not need to buy equipment or hire employees. Maintenance costs after the 5th year are deducted from the profit of selling the walnut production. Actually, maintenance costs are budgeted at just 12 euros per tree/year.
5. We plant 300 walnut trees per hectare. At harvest time, the production of your walnut trees is sold with that of other investors. Each Walnut Tree Adoption Certificate corresponds to the planting of one tree. You receive 1/300 of the production per hectare for each Walnut Tree Adoption Certificate you own.
6. Should you ever need to sell your Participation Certificates?  You  can sell them at any time. They are fully transferible. The value of a walnut tree increases yearly. A mature walnut tree is worth 3 - 5 times the cost of establishing a new one.