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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 .
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Rayonier's (RYN) Q3 results reflect adverse impact of turbulence in the export and domestic markets across its timber segments, as well as lower real estate operating income.
High grading can also be a form of fraud on the owner of the trees. Indeed, stumpage rates (the amount paid per a certain volume of wood) are based on the average quality of the wood. By taking only the best timber, the wood cutter obtains wood more valuable than average at the price of average wood.
The boost in subscription prices comes after the service last increased prices in 2023, while also beginning a crackdown on password sharing that same year. Although Netflix's venture into live ...
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