Unsold Timber Offerings in the Northern Region: Trends, Causes, and Disposition
Abstract: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.
Document Type: Journal Article
Affiliations: Intermountain Research Station, USDA Forest Service, Missoula, MT 59807
Publication date: 1991-10-01
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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 Western Journal of Applied Forestry covers the western United States, including Alaska, and western Canada; WJAF will also consider manuscripts reporting research in northern Mexico that has potential application in the southwestern United States.
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