North Carolina truffle farm - $40,000/acre
Franklin Garland has found out how to grow genuine French truffles in America. The rare black Perigord truffles wholesale at $800/lb. and the yield is expected to be 50 lb/acre.
It takes 7-8 years for initial production.
I've eaten truffles a couple of times in Europe. Expensive and very good.
Re: North Carolina truffle farm - $40,000/acre
I know/know of several people into truffle production in NC. I tihnk some wil do okay, and I question how well their economics will hold up when supply increases as much as potentially possible, with so many acres planted...it is another version of the Great Zuchini War.
I like truffle oil and have had truffles, too. If as many as are thinking they will make $40 K per acre actually plant and harvest, we will probably be able to find truffle-flavored potato chips at the Piggly Wiggly store for a buck a bag.