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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 ...
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 ...
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To deal with the increasingly limited availability of timber resources, the Division of Forestry was established in 1885, and in 1891 the Forest Reserve Act passed, setting aside large tracts of forest as federal land. Loggers were forced to make already cut lands productive again, and the reforesting of timberlands became integral to the industry.
When a suitable place to buck the tree is located the cut is made. Significant value may be lost by sub-optimal bucking. [5] Local market conditions will determine the particular length of cut. It is common for log buyers to issue purchase orders for the length, diameter, grade, and species that they will accept.
Rosboro is the second timber company in Oregon to close a mill citing new regulations on timber harvest. In early January, Hampton Lumber closed its sawmill in Banks and laid off 58 employees ...