Economic Opportunities for Investments in Forest Management in the Southern United States

1984 ◽  
Vol 8 (2) ◽  
pp. 76-79 ◽  
Author(s):  
George F. Dutrow ◽  
H. Fred Kaiser

Abstract There are investment opportunities on 88 million acres of southern forestlands that offer financial rates of return competitively. Some of these investments will yield positive rates of return above inflation even if declining stumpage prices are projected. These investment opportunities include stocking control, stand conversion, and harvesting and regeneration of mature stands.

2009 ◽  
Vol 7 (6) ◽  
pp. 35
Author(s):  
Pete Bettinger, PhD ◽  
Krista L. Merry, MS ◽  
Jeffrey Hepinstall, PhD

Although people living along the southeastern and Gulf coasts of the United States may have limited experience dealing with major hurricane damage, hurricanes are imminent and pose potentially dire consequences to forest resources. In addition to understanding the physical and biological reactions of forests to extreme weather conditions, there are a number of managerial responses that should be considered based on this past experience. This article presents a summary of the more pertinent forest management responses, and where appropriate, highlights situations where these were beneficial to the overall (economic, ecological, social) recovery effort. Management responses address not only the immediate needs for clearing roads and restoring basic service needs, but also the longer-term issues related to timber salvage, reforestation, forest health, and fire danger. The damage from strong winds and storm surges may also result in serious consequences for ecological values. However, challenges and issues related to the restoration of forests and forest-related values may require several years to address. Therefore, the objective of this review article is to provide a summary of the experiences of forest land managers, researchers, and emergency planners who have directly responded to severe storms affecting the southern United States.


1992 ◽  
Vol 16 (4) ◽  
pp. 200-203 ◽  
Author(s):  
Allan P. Marsinko ◽  
Webb M. Smathers ◽  
David C. Guynn ◽  
Gerald L. Stuckey

Abstract A survey was conducted of 1989 forest industry hunt lease programs in the southern United States. Average annual lease fees were $2.15/ac and respondents placed additional implicit values of $2.15/ac and $3.11/ac respectively for public relations and protection(access control, property damage, etc.) benefits. Contributions to net present value ranged from $22.37 for a conservative estimate of leasing alone to $96.64 for an estimate of all benefits when discounted at 6% over a 25-yr rotation. Interest in leasing by industry has increasedsince a similar survey was conducted in 1985. South. J. Appl. For. 16(4):200-203


2004 ◽  
Vol 28 (4) ◽  
pp. 179-184 ◽  
Author(s):  
Jacek P. Siry ◽  
Daniel J. Robison ◽  
Frederick W. Cubbage

Abstract Despite covering the majority of forestland in the southern United States, hardwoods continue to be grown primarily in natural, extensively managed stands. One reason has been that hardwood growth increases resulting from active management have been small in comparison with unmanaged stands. Recent studies indicate, however, that the productivity responses of very young (ages 1–15 years) natural even-aged hardwood stands to silvicultural treatments such as fertilization, herbicide release, or stocking control can yield large productivity increases, demonstrating the potential for faster timber growth of higher quality in shorter rotations. In determining the extent to which these productivity increases may justify investment in various silvicultural treatments, we have developed hardwood management scenarios representing productivity increases of up to 33%. Timber revenues have been estimated and rates of return compared across various management intensities. Results indicate that the assumed productivity increases would readily pay for treatments such as fertilization, herbaceous release, and stocking control while yielding rates of returns equal to or greater than those generated by untreated stands. South. J. Appl. For. 28(4):179–184.


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