The Financially Optimal Loblolly Pine Planting Density and Management Regime for Nonindustrial Private Forestland in East Texas
Abstract:Economic analyses were conducted to investigate the effects of initial planting density on the profitability of loblolly pine (Pinus taeda L.) on nonindustrial private forestland (NIPF) in East Texas. Five planting densities of 870, 725, 620, 540, and 484 trees per acre (tpa) representing spacings of 5×10, 6×10, 7×10, 8×10, and 9×10 ft, respectively, were investigated. Land expectation values were used to determine the financially optimal thinning and final harvesting schedules (including rotation length and the timing, frequency, and intensity of thinning). Five site indices (50–90), six real alternative rates of return (ARR) (2.5–15.0%), and three thinning options (0, 1, and 2) were employed. Results indicate that two thinnings appear to be the financially optimal number of thinnings for most site index-ARR scenarios. The planting spacing of 8×10 ft is optimal when ARR is low, and the 9×10 ft spacing is optimal when ARR is high. South. J. Appl. For. South. J. Appl. For. 29(1):16–21.
Keywords: Optimal planting density; environmental management; forest; forest management; forest resources; forestry; forestry research; forestry science; land expectation value; natural resource management; natural resources; net present worth; optimal forest management regime; profitability
Document Type: Regular Article
Affiliations: 1: Arthur Temple College of Forestry Stephen F. Austin State University Nacogdoches TX 75962-6109 Phone: (936) 468-1089;, Fax: (936) 468-2489, Email: firstname.lastname@example.org 2: Arthur Temple College of Forestry Stephen F. Austin State University Nacogdoches TX 75962-6109
Publication date: February 1, 2005
- 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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