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Certainly, the policy ensured a steady reliable source of mast timber during England's ascension to naval dominance, but at a price. Perceived violations of property rights on New England colonists served only to stoke the embers of rebellion. Shipments of New England timber continued unabated until the outbreak of the Revolutionary War. The ...
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 ...
Revenue (R) = Volume × Price; Cost (C) = Cost of harvesting + handling. Hence, Profit = Revenue − Cost. Since the benefit is generated over multiple years, it is necessary to calculate that particular age of harvesting which will generate the maximum revenue. The age of maximum revenue is calculated by discounting for future expected ...
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 .
U.S. timber production has decreased since the 1990s, according to the Congressional Research Service. It’s partly due to falling demand and cheaper imports from other countries.
Timber sector-related exchange traded funds continue to grow as lumber prices have surged over the past three weeks on ongoing demand in the real estate market. The iShares Global Timber ...
Logging frequently has negative impacts. The harvesting procedure itself may be illegal, including the use of corrupt means to gain access to forests; extraction without permission or from a protected area; the cutting of protected species; or the extraction of timber in excess of agreed limits. [4] It may involve the so-called "timber mafia".
Salvage logging is the practice of logging trees in forest areas that have been damaged by wildfire, flood, severe wind, disease, insect infestation, or other natural disturbance in order to recover economic value that would otherwise be lost.