Managed Walnut Orchards
A unique opportunity in the Republic of Georgia.
WALNUTS.GE offers a fully fledged farm management service. We oversee every step from the purchase of the seedling to the sale of the fruit.
This opportunity is only available for a total of 10 hectares.
Legal Structure
Orchard
Cost Breakdown
Managed Walnut Farmland | |
---|---|
Land Size | 1 ha |
Available Land for Investment | 10 ha |
Tree Number | 285 Chandler or Howard Walnut |
Title | 95-years registered Lease + Option Right |
Planting Year | 2019/20 |
Taxation | 1% on Revenue |
No extra cost until production start | |
Replant Dead Trees | Free during first 4 years |
Installment Plan | 40% upfront, 60% within next 12 months |
Price | 85 000 USD |
Yield Forecast
Agricultural yields vary strongly depending on weather conditions. Generally speaking, walnut trees take about 4 years to enter into production and have a minimum life cycle of 30 years, which can go up to 70 years if conditions are good. We are using UC Davis for our average yield forecasts. They forecast an annual production of 6.5t/ha when fully grown in the 7th year. A well-managed modern day orchard can outpace these, especially when using highly productive varieties like Chandler. Our Turkish producers achieve yields of 8t/ha or more, which we use as our optimistic scenario. The pessimistic scenario assesses a freeze in the first year resulting in a complete replanting of the orchard and a disease that forces to prune 30% of the orchard to its minimum during the second year.
Price forecasts
Walnut prices are fluctuating from year to year according to global supply and demand. Since weather and world production are outside our control, a grower must focus on producing high-yielding trees and quality nuts. Chandler Walnuts are some of the most desired walnuts on the market. In-shell Chandler FOB prices have ranged in recent years from 2000 USD/t to 4500 USD/t. We us a price of 3500 USD/t in our models. You can follow live price updates for walnuts on Tridge.com