Calculating Timber Value of an Existing Forest Stand
How do you calculate timber value of an existing timber stand? A new EDIS doc from Dr. Andres Susaeta outlines the most efficient way to determine not just costs incurred in growing the stand, but also for the opportunity cost of using the land for timber production, and for the value of time.
The publication targets professional forest managers, tax specialists, and others who work with forest landowners regarding economic valuation of forests. Read the full EDIS doc here.