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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. 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 ...
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 .
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.
Even in 2020, when the COVID-19 pandemic turned global markets upside-down and the price of U.S. crude oil went negative for the first time ever, there were only nine days when Waha prices were ...
From 2010 to 2020, Texas' population grew by 4 million -- more than any other state, according to moveBuddha. As population booms, typically, so do home prices, and that's definitely been the case ...
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Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy. Jason Ma. May 18, 2024 at 1:49 PM. Jordan Vonderhaar—Bloomberg via Getty Images.