The following Web site through the Kentucky State Unviersity Extension Program will answer all your pawpaw questions:
KSU Pawpaw Program
Here is an excerpt from the
KSU Pawpaw Planting Guide:
"Although the pawpaw is capable of fruiting in the shade, optimum yields are obtained in open exposure, with some protection from wind (on account of the large leaves). Pawpaws will not thrive in heavy soil or waterlogged soil. When planting trees, allow 8 feet (2.5 m) between them. Water newly planted trees immediately after planting, and as needed throughout the growing season. Pawpaw trees require adequate soil moisture, especially in the first two years after planting. Transplant shock may be reduced by providing temporary partial shade to newly planted trees. Application of a balanced fertilizer (20N-20P-20K) every few weeks during the first half of the growing season may also improve growth and establishment of young trees."
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