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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. 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".
The prices charged to harvest the timber (stumpage fee) are set administratively, rather than through the competitive marketplace, the norm in the United States. In the United States, softwood lumber lots are privately owned, and the owners form an effective political lobby .
In forestry rotation analysis, economically optimum rotation can be defined as “that age of rotation when the harvest of stumpage will generate the maximum revenue or economic yield”. In an economically optimum forest rotation analysis, the decision regarding optimum rotation age is undertake by calculating the maximum net present value.
Gross Income, Net Profits, Production, and price index in the Lumber Industry 1920 -1934 [57] Year Gross Income (In Millions Dollar) Net Profit (In Millions Dollar) Production (In Board feet) (In Millions) Wholesale Price Index (1926=100) 1920 3,312 N/A 35,000 N/A 1922 2,402 167 35,250 N/A 1924 2,835 132 39,500 99.3 1926 3,069 117 39,750 100.0 1928
White oak: Quercus alba: 1973 [20] Indiana: Tulip tree: Liriodendron tulipifera: 1931 [21] Iowa: Oak (variety unspecified) Quercus spp. 1961 [22] Kansas: Eastern cottonwood: Populus deltoides: 1937 [23] Kentucky: Tulip-tree: Liriodendron tulipifera [24] Louisiana: Bald cypress [a] Taxodium distichum: 1963 [26] Maine: Eastern white pine: Pinus ...
Quercus alba, the white oak, is one of the preeminent hardwoods of eastern and central North America. It is a long-lived oak , native to eastern and central North America and found from Minnesota , Ontario , Quebec , and southern Maine south as far as northern Florida and eastern Texas . [ 3 ]
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Quercus austrina, the bastard white oak [3] or bluff oak, is an oak species that is endemic to the southeastern United States from Mississippi to the Carolinas, with a few isolated populations in Arkansas. [4] [5] Quercus austrina can grow to a height of 45 to 60 feet (13.5–18 meters) with a spread of 35 to 50 feet (10.5–15 m). Leaves are ...