Interpretations of Illinois Stumpage Price Trends

Abstract To provide insight into the timber market accessible to owners of non-industrial private forestland in the central hardwoods region, we examine Illinois statewide average stumpage prices for 16 hardwood species and 2 species composites. Over the study period, upland hardwood stumpage prices have risen faster than inflation. Swings in stumpage prices during this same period have been frequent and significant, e.g., woods-run stumpage prices for upland hardwoods have changed as much as 41% within 1 year and 75% within 2 years. The frequency of price changes suggests a predominantly buyer controlled market. Illinois forest land-owners can increase their return on investment from forestland through judicious market timing when making timber sales, and by requiring competitive bids. When Illinois timber supply data are considered with the general price trends, a picture emerges of an ongoing market advantage for the production of high-value intolerant species, such as the oaks. North. J. Appl. For. 68:115-120, September 1989.

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Effect of Breeding on Income at First Commercial Thinning in Silver Birch Plantations

Forests ◽

10.3390/f11030327 ◽

2020 ◽

Vol 11 (3) ◽

pp. 327 ◽

Cited By ~ 1

Author(s):

Arnis Gailis ◽

Annija Kārkliņa ◽

Andis Purviņš ◽

Roberts Matisons ◽

Pauls Zeltiņš ◽

...

Keyword(s):

Growth Traits ◽

Tree Breeding ◽

Land Application ◽

Silver Birch ◽

Internal Rate Of Return ◽

Forest Land ◽

Timber Supply ◽

Commercial Thinning ◽

Timber Tree ◽

Timber Market

The economic importance of fast-growing tree species like silver birch (Betula pendula Roth.) is increasing due to growing demand for timber. Tree breeding provides the opportunity to increase the timber supply and thus ensure the most efficient use of forest land. Application of the results of a breeding program—the planting of young stands—is costly, and information on (potential) early income for the landowner from this investment is scarce. Therefore, the aim of this study was to characterize the gain from the use of improved silver birch material at the first commercial thinning. Material was collected from an open-pollinated progeny trial of 524 silver birch plus-trees at the age of 14 years in the central part of Latvia. Incomes from the first thinning were calculated at low and high timber prices. Heritability of growth traits (assessed as diameter at breast height) and timber value at first thinning were similar. Both timber market fluctuations and genetics had a notable impact on economic outcome: the internal rate of return for the selected best-performing families was 9.4% and 8.3% in the case of high and low timber prices, respectively; on average, for all families in the trial the figures were 8.1% and 6.7%, respectively. Results indicate profitability for investments in planting of improved regeneration material, even at a young age, in hemiboreal forests.

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The forest-land owners of Ohio -- 1979

10.2737/ne-rb-74 ◽

1982 ◽

Author(s):

Thomas W. Birch ◽

Thomas W. Birch

Keyword(s):

Forest Land ◽

Land Owners

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Private forest-land owners of New York: 1980 and 1994

10.2737/ne-rb-153 ◽

2001 ◽

Cited By ~ 1

Author(s):

Thomas W. Birch ◽

Brett J. Butler ◽

Brett J. Butler

Keyword(s):

New York ◽

Private Forest ◽

Forest Land ◽

Land Owners

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Situation und Anliegen der Waldeigentümer – einige Gedanken (Essay)

Schweizerische Zeitschrift fur Forstwesen ◽

10.3188/szf.2014.0224 ◽

2014 ◽

Vol 165 (8) ◽

pp. 224-227

Author(s):

Markus Brunner

Keyword(s):

Forest Management ◽

Property Rights ◽

Forest Products ◽

Main Task ◽

Forest Land ◽

Future Time ◽

Forest Owners ◽

Long Period ◽

Land Owners ◽

Increasing Demand

Situation and concerns of forest owners - some notions (essay) The swiss forest economy is expecting huge challenges due to major changes in national and international circumstances. The main task in future time will be to combine proven traditions and principles with new and probably massif changes in an optimized way. We must be aware of the fact that some existing methods of forest management and sylviculture will eventually have to be adapted in a quite extensive and fundamental way. Swiss forest land owners must be recognized again as the main actors and the most important stakeholder concerning forest matters. There has been a very long period of reducing forest owners property rights and liberty of action, this process has to be stopped now. The increasing demand for existing and new non-wood forest products and services and for further limitations in forest management must be satisfied increasingly on a voluntarely basis (product selling, service agreements), rather than by tightening up the forest and other forest-related laws. The well-known «wake theory» in Swiss forest economy doesn't work anymore in its traditional form.

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Challenges in the private forest sector of Canada

The Forestry Chronicle ◽

10.5558/tfc74522-4 ◽

1998 ◽

Vol 74 (4) ◽

pp. 522-526 ◽

Cited By ~ 2

Author(s):

Gilbert G. Paillé

Keyword(s):

Public Involvement ◽

Political Support ◽

Forest Sector ◽

Forest Land ◽

Private Forests ◽

Forest Development ◽

Land Owners ◽

Forest Practices ◽

Increasing Demand ◽

Forest Activities

The author describes what he sees as the five biggest challenges facing stakeholders of the Canadian forest sector at the beginning of the XXI century. The first is building strong political support for forest development through information and education at a time when public opinion is opposing it; the second is prioritizing the development of private forests by reversing the northerly direction historically followed by forest activities in Canada; the third is defining sustainable forest development and implementing it on a stable land base, following sound forest practices codes and certification standards, with full public involvement; the fourth is convincing forest land owners to invest more attention, time, effort and even money in growing more wood and offering more services on their properties in order to fulfill an increasing demand; and the last challenge is convincing all levels of government to each support their share of the forest activities to ensure a sustained flow of benefits to forest land owners, industrial shareholders, and society as a whole.

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