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Source: MORNING AG CLIPS, 10/10/18
Hurricanes Florence caused over $70 million in significant damage to forest and timber land through wind and flooding. For storm damaged mature timber that is of commercial age, timber appraisal methods are fairly straight forward and can be applied to determine the value of the damaged timber. Calculating the value of immature trees, those yet of commercial size, can be more of a mystery for many landowners. In a recently published publication Valuing Immature Forest Stands, Dr. Rajan Parajuli reviews the process for valuing young stands that may have been lost... For more of this story, click here.
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