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Unsold Timber Offerings in the Northern Region: Trends, Causes, and Disposition

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Do unsold timber offerings indicate excessive, wasteful timber sales, as critics charge? Or are such offerings a normal part of timber markets and eventually sold? This study assessed unsold offerings in the Northern Region of the USDA Forest Service during 1961-1988 to determine the percentage, duration, and reasons for unsold offerings. About 7% of all offerings are initially unsold; moreover, the percentage has been rising during the past 3 decades. Although specific variables were poorly correlated with unsold offerings, regional timber availability seems to be the most important causal factor. About 60% of the volume in unsold offerings was eventually sold, averaging about 15 months to sell. West. J. Appl. For. 6(4):108-111.
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Document Type: Journal Article

Affiliations: Intermountain Research Station, USDA Forest Service, Missoula, MT 59807

Publication date: 1991-10-01

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