Your family's newly planted 50 acre pistachio orchard should start yielding its full harvest potential in 7-10

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Your family's newly planted 50 acre pistachio orchard should start yielding its full harvest potential in 7-10 years. The wholesale price of pistachios is currently $2.50 per pound which is expected to increase at 4% per year given the increasing global demand for pistachios. If an acre of trees at full production is expected to average 4,000 pounds of pistachios per year, what should your family receive for the annual harvest in 10 years?

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Posted Date: May 18, 2024 09:00 AM

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Your family's newly planted 50 acre pistachio orchard should start yielding its full harvest potential in 7-10

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