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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 price of woodland has risen out of proportion to its timber yield, and in 2022 reached £28,000 per hectare (£11,000 per acre). Woodland prices are affected by its very favourable tax treatment and its high amenity value. [6] [44] [45]
The brothers also owned a 17,000-acre (6,900 ha) wheat farm in Canada. [5] But the main selling point in Mississippi was the vast acreage of virgin southern yellow pine timber. Officers of the Finkbine Lumber Company were E. C. Finkbine, (president), W. O. Finkbine (vice president), and W. E. Guild (treasurer). [6]
Stocking measures account for three things: the cover type and species mixture in the stand, the basal area per acre, and the number of trees per acre. [3] Stocking allows for comparing stands that may have diverse ecology. [4] Stocking is a major part of forest management, both in commercial applications and for restoration or preservation.
The Great Southern Lumber Company sawmill was designed to process 1,000,000 board feet (2,400 m 3) of lumber per day and was the largest sawmill in the world, [4] spread over 160 acres (65 ha). [7] Once pines were felled, logs were dragged to railroad spurs by rail-mounted steam skidders with 1000-ft (300-m) draglines, loaded onto flatcars ...
By the time he died in 1914, his company owned over 2 million acres of pine forest. [55] Following the onset of the Great Depression, many companies were forced to shut down. Total production of lumber fell at a devastating rate, from 35 billion board feet in 1920 to 10 billion board feet in 1932.
In 1878, the United States Congress passed the Timber and Stone Act to encourage private ownership of timberland and facilitate logging. [5] The act allowed individuals to acquire federal land in the Sierra Nevada mountains for a small fee and the filing of a claim for individual 160-acre (65 ha) parcels.
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...