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How To Evaluate The Financial Maturity Of Timber, Steven H. Bullard Jun 2001

How To Evaluate The Financial Maturity Of Timber, Steven H. Bullard

Faculty Publications

If you own merchantable timber, you face an important question on a continuing basis: "Should I sell my timber now or should I wait?" How you respond to this question involves many issues, of course, including stand conditions, site conditions, and other physical and biological considerations. For many landowners, however, financial considerations are also extremely important. In this article we discuss "financial maturity" as a specific tool that can be used to help evaluate timber harvest decisions.


Forval-Online: A Web-Based Forestry Investment Tool, Clay B. Landrum, Steven H. Bullard Jan 2001

Forval-Online: A Web-Based Forestry Investment Tool, Clay B. Landrum, Steven H. Bullard

Faculty Publications

Over the past decade, timber values have risen considerably, and society is beginning to see timberland for what it is – a valuable capital asset that must be managed properly. Timberlands, however, cannot be subject to an “across the board” management regime. Different sites possess different productive constraints, and the same holds true for landowners and their management goals. Considering the diversity of managers’ and landowners’ analysis needs, the ability to obtain a customized forestry investment analysis is invaluable. “FORVAL-online: A Web-based Forestry Investment Tool” is a project to develop and make widely available an accurate and easy to use …


Does Red-Cockaded Woodpecker Excavation Of Resin Wells Increase Risk Of Bark Beetle Infestation Of Cavity Trees?, Richard N. Conner, Daniel Saenz, D. Craig Rudolph, W. G. Ross, David Kulhavy, Robert Coulson Jan 2001

Does Red-Cockaded Woodpecker Excavation Of Resin Wells Increase Risk Of Bark Beetle Infestation Of Cavity Trees?, Richard N. Conner, Daniel Saenz, D. Craig Rudolph, W. G. Ross, David Kulhavy, Robert Coulson

Faculty Publications

No abstract provided.


Impact Of The Texas Leaf-Cutting Ant (Atta Texana (Buckley) (Order Hymenoptera, Family Formicidae) On A Forested Landscape, David Kulhavy, L. A. Smith, W. G. Ross Jan 2001

Impact Of The Texas Leaf-Cutting Ant (Atta Texana (Buckley) (Order Hymenoptera, Family Formicidae) On A Forested Landscape, David Kulhavy, L. A. Smith, W. G. Ross

Faculty Publications

Atta texana (Buckley), the Texas leaf-cutting ant, rapidly expanded in a harvested forested landscape on sandhills characterized by droughty soils, causing mortality of planted loblolly pine (Pinus taeda (L.)). The site, composed primarily of Quartzipsamments soils classified as thermic coated Typic Quartzipsamments in the Tonkawa soil series, accounts for approximately 5,000 ha in Nacogdoches, Rusk, Panola, and San Augustine Counties in eastern Texas, USA (Dolezel 1980). These soils are characterized by low fertility, rapid permeability, and extreme acid reaction. These sandhills are resistant to erosion and are considered important ground water recharge areas. The distribution of A. texana central …


Reforestation Of Harvested Timberlands In Mississippi: Behavior And Attitudes Of Non-Industrial, Private Forest Landowners, J. E. Gunter, Steven H. Bullard, M. L. Doolittle, K. G. Arano Jan 2001

Reforestation Of Harvested Timberlands In Mississippi: Behavior And Attitudes Of Non-Industrial, Private Forest Landowners, J. E. Gunter, Steven H. Bullard, M. L. Doolittle, K. G. Arano

Faculty Publications

Southern forests play an increasingly important role in the timber economy as per capita demand for wood continues to expand. Moreover, harvest restrictions in the Pacific Northwest in the early 1990s shifted a large portion of United States demand for softwoods to the South. In Mississippi, most of the forestland is owned by non-industrial private forest (NIPF) landowners. Approximately 314,000 NIPF landowners control 66 percent of the state’s forestland base (Hartsell and London 1995). The sizable acreage of timberland held by NIPF landowners nationally and in-state underscores the importance of their role in the timber economy and weighs heavily in …


Introduction To Forestry Investment Analysis: Part I. Basic Investment Characteristics And Financial Criteria, Thomas J. Straka, Steven H. Bullard, Mark R. Dubois Jan 2001

Introduction To Forestry Investment Analysis: Part I. Basic Investment Characteristics And Financial Criteria, Thomas J. Straka, Steven H. Bullard, Mark R. Dubois

Faculty Publications

Many forest landowners consider their forest to be an investment. Some of these landowners, however, and many new timberland investors, may not fully understand the basic ingredients that make up a forestry investment. Like all investments, forestry involves costs and revenues, and rates of return can be calculated. These rates of return can be compared with interest rates earned for other investments, but forest landowners should be sure to understand the unique characteristics of a forestry investment. Most of the cash flow from a forestry investment will result from timber sales. Timber sale revenue, of course, is a function of …


An Unusually Large Number Of Eggs Laid By A Breeding Red-Cockaded Woodpecker Female, Richard N. Conner, Daniel Saenz, James R. Mccormick Jan 2001

An Unusually Large Number Of Eggs Laid By A Breeding Red-Cockaded Woodpecker Female, Richard N. Conner, Daniel Saenz, James R. Mccormick

Faculty Publications

The Red-cockaded Woodpecker (Picoides borealis) is a cooperatively breeding species that typically uses a single cavity for nesting (Ligon 1970, Walters et al. 1988). A single tree, or aggregation of cavity trees, termed the cluster, is inhabited by a group of woodpeckers that includes a single breeding pair and up to several helpers, which are typically male offspring of previous breeding seasons (Ligon 1970, Lennartz et al. 1987). Each group of Red-cockaded Woodpeckers usually produces one nest per breeding season, but will often nest again during the same breeding season if the first nest fails. Double clutching and …


A Red-Cockaded Woodpecker Group With Two Simultaneous Nest Trees, Richard N. Conner, James R. Mccormick, Richard R. Schaefer, Daniel Saenz, D. Craig Rudolph Jan 2001

A Red-Cockaded Woodpecker Group With Two Simultaneous Nest Trees, Richard N. Conner, James R. Mccormick, Richard R. Schaefer, Daniel Saenz, D. Craig Rudolph

Faculty Publications

During a study of Red-cockaded Woodpecker (Picoides borealis) nesting in eastern Texas, we discovered a single breeding pair of woodpeckers with two simultaneous nests in nest trees that were 24 m apart. Incubation of eggs in each nest tree was at least 13 d and may have been as long as 16 d. The breeding male incubated and fed a nestling in one nest tree, and the breeding female incubated and fed a nestling in the other nest tree until the nestlings were >24 d old. Prior to fledging, both the breeding male and female were observed feeding …