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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".
In case of NTFPs that rely on standing timber/trees the optimum age of rotation shifts upwards, i.e. the rotation age moves up. It can be illustrated with the help of following diagram. Here, we see that the original rotation age is estimated to be R1, but as we incorporate the value of NTFPs that rely on standing timber, the expected benefit ...
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 .
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 ...
Specifically, most timber in Canada is owned by provincial governments. The price charged to harvest the timber (the "stumpage fee") is set administratively rather than through a competitive auction, as is often the practice in the United States. The United States claims that the provision of government timber at below market prices constitutes ...
WASHINGTON (Reuters) -U.S. manufacturing contracted at a moderate pace in November, with orders growing for the first time in eight months and factories facing significantly lower prices for inputs.
HGTV home renovation stars Jonathan and Drew Scott – best known as the Property Brothers – are fearful that Trump’s proposed tariffs could send construction costs soaring. The brothers ...
An estimate of the value and possible uses of timber is an important part of the broader information required to sustain ecosystems. [1] When taking forest inventory the following are important things to measure and note: species, diameter at breast height (DBH), height, site quality , age, and defects.