Estimating Financial Returns from Mid-Rotation Release in Coastal Plain Loblolly Pine Plantations
Abstract:Financial rates of return are estimated for mid-rotation release from hardwood competition for Coastal Plain loblolly pine plantations. Economic benefits were measured against the costs required to obtain those benefits. A base case scenario was employed to approximate the average initial stand conditions of an existing release study. Product volumes were projected for released and nonreleased conditions for a maximum rotation length of 30 yr. Three release levels, 95%, 75%, and 50%, were simulated. Annualized rates of return were calculated from age 10 for each 5 yr period up to age 30. Sensitivity tests estimated how changing release age, maximum height response, and timber product prices influenced results. South. J. Appl. For. 23(2):94-99.
Document Type: Journal Article
Affiliations: American Cyanamid
Publication date: 1999-05-01
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- Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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