Thursday, February 15, 2018

Questions Americans Want Answered: "Are Black Walnuts Ready to Boom?"

We've shaken this tree a few times, links below.
From Civil Eats:

A nuisance to many, this native Appalachian nut is showing some diligent foragers that money can grow on trees.
The first car arrives over two hours before the hulling station officially opens in Jeffersonville, Kentucky. By the time that Renee Zaharie appears and starts the hulling machine, four more vehicles have pulled in and are waiting under the darkening evening sky.
The steady murmur of conversation (and the occasional guffaw) hums beneath the tent protecting the machine from the elements, as walnut hullers shoot the breeze after a long day of picking. Occasionally, a plaintive mew announces the otherwise-silent arrival of one of the 40 cats that Renee and her husband, William, foster. Out front, cars zip by on the busy county road. All around, the soft chirps of crickets sing their nightly chorus.

It’s the first weekend of the annual black walnut harvest that takes place each October, and the air is festive.

Money That Grows on Trees
Black walnuts are native to North America (including six Appalachia states) and, unlike many other tree nuts, grow in the wild. The green, tennis ball-sized nuts rain onto fields, roads, vehicles and sometimes, people, presenting a nuisance to cars parked beneath them and a danger to lawn mowers everywhere.
During black walnut season in October, the tree nuts rain down everywhere. For homeowners, they present a nuisance that can damage 
lawn mowers. Mike Foight of South Shore, Ky. enlists his grandchildren to clear his yard (pictured here) and earn some spending money.
While some may dread black walnuts for these reasons, for many others, the annual harvest is a welcome time of the year: a sign of the changing seasons, the return of a beloved baking ingredient, and, perhaps most importantly, an opportunity to earn extra cash.

Black walnut harvesters gather the nuts locally—from their yards, nearby yards, roadsides and forests—and bring them to one of 238 hulling stations in 14 states across the country. There, hulling operators use specialized machinery to remove the hulls (which can make up to half of a black walnut’s weight), weigh the hulled walnuts, purchase them, and send them to Stockton, Missouri for shelling and further processing. Stockton, the unofficial black walnut capital of the world, is home to Hammons Product Company (HPC), a family-owned business that has been shelling black walnuts for the past 71 years. The company sets the price for black walnuts every year. This past October, they paid $0.15 per pound to walnut pickers, and an additional $0.05 per pound to hulling stations.
Brian Hammons, the company’s president, says that they produce an average of 23 million pounds annually and are expecting a bumper crop in Appalachia this year that will push that figure upwards of 30 million. After shelling the nuts, HPC sells them raw in grocery stores and specialty retailers, as well as directly to chefs and ice cream makers (black walnut ice cream is wildly popular in certain parts of the country). There’s also an ever-increasing selection of black walnut products, like black walnut oil, and even myriad uses for the shells, which can serve as eco-friendly ingredients in sand-blasting agents, water filtration systems and even sports fields. Every part of the nut is able to be used....

November 2012
James Grant Says Buy Black Walnuts
Not exactly  Pssst... "Blue Horseshoe loves Anacot Steel" but ya play the cards you're dealt....
May 2014
A Higher Yielding Alternative to Corn and Wheat: "Agriculture Investors Develop a Taste for Permanent Crops"

And for insight as to what has real value, follow the crooks:
November 2013
"Thieves Steal Nearly $400K In Walnuts"
May 2017
The Curious Case of the Disappearing Nuts