State and Federal Timber Stumpage Prices in Vermont
Author: Sendak, Paul E.
Source: Northern Journal of Applied Forestry, Volume 9, Number 3, 1 September 1992 , pp. 97-101(5)
Publisher: Society of American Foresters
Abstract:Timber sales data and stumpage prices were analyzed for the Green Mountain National Forest (federal) and the Vermont Department of Forests, Parks and Recreation (state). In all cases, state stumpage prices were higher on average, but significantly so only for the overall price (volume weighted average sale price per cunit), spruce sawtimber, and hardwood and softwood pulpwood. Differences between mean state and federal prices for sugar maple and yellow birch sawtimber were not significant. Regression analysis was used to examine the differences in overall stumpage price. The results suggest that the difference in sale prices can largely be explained by differences in sales characteristics, most notably timber quality. North. J. Appl. For. 9(3):97-101.
Document Type: Journal article
Publication date: 1992-09-01
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