The papershell pecan has become the most expensive and important nut tree? in the world, that was recently targeted by the Chinese markets that have run up the inshell prices to more than $10.per pound on the Nanking streets. Millions of pounds of papershell pecans are contracted to China for the 2014 New Year celebration, and that has multiplied the fortunes of Southern Pecan Growers, and inflated the wholesale and retail prices of inshell pecans and the never before seen scarcity of nuts and papershell pecan trees. The pecan tree is a native nut tree of the United States and pecan orchards were established in Virginia Plantations by President George Washington and President Thomas Jefferson. The first pecan trees were sold at Prince Nursery in Flushing, New York. The fortunes of selling pecans rose when certain select pecan tree cultivars were collected and grafted onto rootstocks for the commercial trade early last century, the most popular cultivars being the papershell pecans. Recent cultivars of very cold hardy pecan trees have been grafted, such as the James cultivar that have extended the Northern pecan tree growing areas to Illinois, MA, and MI, that are available at Ty Ty Pecan Tree Nursery, and these trees are guaranteed to live.