pertman, perfectly round holes are either from birds, or from snails. Birds are hard to protect against, netting is your best option. Snails of course can be treated with various snail baits - iron phosphate formulations if you have small children or dogs, metaldehyde if you do not (very poisonous to dogs and of course to kiddos). You can also try putting some copper tape around the trunks that are about 6" wide, up and away from the soil. Some folks say this will deter snails from climbing up and into your trees, as they don't like the small charge they get when trying to slime across the copper. My snails, apparently, could care less.
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Patty S.