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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 .
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
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.
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 ]
Also known as the Jackson Oak, the tree is at the corner of South Finley and Dearing Streets in Athens, Georgia, US. The original tree, thought to have started life between the mid-16th and late 18th century, fell in 1942, but a new tree was grown from one of its acorns and planted in the same location.
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Quercus gambelii, with the common name Gambel oak, is a deciduous small tree or large shrub that is widespread in the foothills and lower mountains of western North America. It is also regionally called scrub oak , oak brush , and white oak .