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Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump". Currently it is dictated by more standard measurements such as cubic metres, board feet, or tons. To ...
The heart of the dispute is the claim that the Canadian lumber industry is unfairly subsidized by federal and provincial governments, as most timber in Canada is owned by the provincial governments. The prices charged to harvest the timber ( stumpage fee) are set administratively, rather than through the competitive marketplace, the norm in the ...
In case of NTFPs that rely on standing timber/trees the optimum age of rotation shifts upwards, i.e. the rotation age moves up. It can be illustrated with the help of following diagram. Here, we see that the original rotation age is estimated to be R1, but as we incorporate the value of NTFPs that rely on standing timber, the expected benefit ...
The hoppus cubic foot (or ‘hoppus cube’ or ‘h cu ft’) was the standard volume measurement used for timber in the British Empire and countries in the British sphere of influence before the introduction of metric units. It is still used in the hardwood trade in some countries.
The effects of the policy on the American economy remains unclear. Without the Admiralty's quest for choice timber the American lumber industry may not have developed as quickly. Certainly, the policy ensured a steady reliable source of mast timber during England's ascension to naval dominance, but at a price.
By 1980, this hoarding event resulted in silver prices spiking to 50 U.S. dollars per ounce from the original 1.50 U.S dollars per ounce the Hunt brothers had paid for 10 years prior.
Buried deep in a Welsh landfill, beneath layers of years-old garbage, there is a hard drive that holds the key to almost $800 million in bitcoin – or so James Howells believes, after ...
It is a common way to describe stand density. In forest management, basal area usually refers to merchantable timber and is given on a per hectare or per acre basis. If one cut down all the merchantable trees on an acre at 4.5 feet (1.4 m) off the ground and measured the square inches on the top of each stump (πr*r), added them all together ...