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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 board foot or board-foot is a unit of measurement for the volume of lumber in the United States and Canada. [1] It equals the volume of a board that is one foot (30.5 cm) in length, one foot in width, and one inch (2.54 cm) in thickness, or exactly 2.359 737 216 liters.
This volume measurement was developed to estimate what volume of a round log would be usable timber after processing, in effect attempting to ‘square’ the log and allow for waste. The hoppus ton (HT) was also a traditionally used unit of volume in British forestry. One hoppus ton is equal to 50 hoppus feet or 1.8027 cubic meters.
The Act of 1704 encouraged the import of naval stores form New England, offering £4 per ton of tar or pitch, £3 per ton of resin of turpentine, and £1 per ton of masts and bowsprits (40 cubic feet). The Act of 1705 forbade the cutting of unfenced or small pitch pine and tar trees with a diameter less than twelve inches.
The heart of the dispute is the claim that the Canadian lumber industry is unfairly subsidized by federal and provincial governments, as most timber in Canada is owned by the provincial governments. The prices charged to harvest the timber ( stumpage fee) are set administratively, rather than through the competitive marketplace, the norm in the ...
A cord of wood. The cord is a unit of measure of dry volume used to measure firewood and pulpwood in the United States and Canada.. A cord is the amount of wood that, when "racked and well stowed" (arranged so pieces are aligned, parallel, touching, and compact), occupies a volume of 128 cubic feet (3.62 m 3). [1]