Ranking Independent Timber Investments by Alternative Investment Criteria


Book Description

A sample of 231 independent timber investments were ranked by internal rate of return, present net worth per acre and the benefit cost ratio--the last two discounted by 3, 6.4. 7.5. and 10 percent--to determine if the different criteria had a practical influence on timber investment ranking. The samples in this study were drawn from a group of timber investments partially financed by Forestry Incentives Program costshare funds. The investment rankings were quite similar among the three criteria. Under constrained investment budgets, the benefit/cost criteria produced the investment selection with the greatest cumulative present net worth. Under less severe budget constraints, all three criteria produced investment selections with essentially the same cumulative present net worth.







Seed Dissemination in Small Clearcuttings in North-central California


Book Description

In a 1964-1967 study on the Challenge Experimental Forest, seedfall was evaluated in 2-, 5-, and 10-acre circular clearcuttings. During the 4 years, 10 seed crops, ranging from light to bumper, were produced by ponderosa pine. white fir, Douglas-fir, and incense cedar. Seedfall ranged from 76 to 40,691 sound seed per acre (188 to 100,547/ha) for a single species in a given year. From 89 to 100 percent of each species' seed fell within an area 1 1/2 times the height of the average dominant tree. Overall, seed distribution was highly variable.










Forest Regeneration Manual


Book Description

The Forest Regeneration Manual presents state-of-the-art information about current regeneration practices for southern pines in the United States. Over 1.2 billion seedlings of five major species -- loblolly, slash, longleaf, sand, and shortleaf -- are planted each year. In 22 chapters, the Manual details fundamental steps in establishing successful young pine plantations: regeneration planning, including economic and legal aspects; regeneration harvest methods; propagation by seed and vegetative techniques; bareroot and container seedling culturing in the nursery; measures of seedling quality; site potential; -- environment, associated vegetation, soils; matching species to sites; site preparation -- mechanical and chemical methods, fire, fertilization; seedling handling before planting; planting practices and measures of regeneration success; promoting early plantation growth and management of competing vegetation, insects, disease, and wildlife.







Forestry Economics


Book Description

- Each chapter introduces one or more key concepts in managerial economics and then illustrates the importance of those ideas by showing how they can be applied when making business decisions. - The inclusion of numerous case studies throughout the book enables students to see how forestry and natural resource management works in practice. - A new chapter on developing and writing business plans highlights a managerial tool and allows students to put the ideas developed throughout the book into practice.




User's Guide to INVEST V


Book Description