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From: John West
Lake Bluff, ID
1) If land was ONLY to be used to cultivate black walnut trees (recreation, utilities, location, etc were irrelevant), what would the be a conservative price range per acre

2) Do studies show a certain 'tipping point' to achieve economies of scale for hardwood plantations? I.e. the most profitable plantations are minimum 100 acres to efficiently spread the cost of forestry professionals, treatments, pruning, etc

Extension Message
From: Jay Hayek
Extension Specialist, Forestry
Department of Natural Resources and Environmental Sciences
The value of bare land or crop land varies significantly in Illinois -- anywhere from $1500/acre to $12,000+/acre. The "initial" cost to plant barefoot seedlings on such land adds another $400-800/acre.

An individual is not going to get rich planting black walnut trees; however, your children or grandchildren may likely benefit finanically. I wouldn't consider anything less than 15 acres as a legitimate financial investment for growing quality hardwood timber for future harvest as sawlogs and veneer.

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