scholarly journals Introduction ofEucalyptusspp. into the United States with Special Emphasis on the Southern United States

2013 ◽  
Vol 2013 ◽  
pp. 1-9 ◽  
Author(s):  
R. C. Kellison ◽  
Russ Lea ◽  
Paul Marsh
Keyword(s):  
United States ◽  
Forest Products ◽  
The United States ◽  
Gold Rush ◽  
Wood Products ◽  
Species Introduction ◽  
Fuel Wood ◽  
Fiber Production ◽  
North Carolina State University ◽  
Subsequent Performance

Introduction ofEucalyptusspp. into the United States from Australia on a significant scale resulted from the gold rush into California in 1849. Numerous species were evaluated for fuel, wood products, and amenity purposes. The first recorded entry of eucalyptus into the southern United Stated was in 1878. Subsequent performance of selected species for ornamental purposes caused forest industry to visualize plantations for fiber production. That interest led the Florida Forestry Foundation to initiate species-introduction trials in 1959. The results were sufficiently promising that a contingent of forest products companies formed a cooperative to work with the USDA Forest Service, Lehigh Acres, FL, USA, on genetic improvement of selected species for fiber production. The Florida initiative caused other industrial forestry companies in the upper South to establish plantations regardless of the species or seed source. The result was invariably the same: failure. Bruce Zobel, Professor of Forestry, North Carolina State University, initiated a concerted effort to assess the potential worth of eucalyptus for plantation use. The joint industrial effort evaluated 569 sources representing 103 species over a 14-year period. The three levels of testing, screening, in-depth, and semioperational trials led to identification of some species and sources that offered promise for adaptation, but severe winter temperatures in late 1983 and early 1984 and 1985 terminated the project. Despite the failed attempt valuable silvicultural practices were ascertained that will be beneficial to other researchers and practitioners when attempts are again made to introduce the species complex into the US South.

International trade in forest products: lumber trade disputes, models and examples

2021 ◽  
Keyword(s):  
United States ◽  
International Trade ◽  
Forest Products ◽  
The United States ◽  
Wood Products ◽  
Forest Sector ◽  
Softwood Lumber ◽  
Background Theory ◽  
The North ◽  
The Impact

Abstract Because of the long-standing Canada-United States lumber trade dispute and the current pressure on the world's forests as a renewable energy source, much attention has been directed toward the modelling of international trade in wood products. Two types of trade models are described in this book: one is rooted in economic theory and mathematical programming, and the other consists of two econometric/statistical models--a gravity model rooted in theory and an approach known as GVAR that relies on time series analyses. The purpose of the book is to provide the background theory behind models and enable readers to easily construct their own models to analyze policy questions, whether in forestry or another sector. Examples in the book illustrate how models can be used to say something about a variety of issues, including identification of the gains and losses to various players in the North American softwood lumber business, and the potential for redirecting sales of lumber to countries outside the United States. The discussion is expanded to include other products besides lumber, and used to examine, for example, the effects of log export restrictions by one naton on all other forestry jurisdictions, the impacts of climate policies as they relate to the global forest sector, and the impact of oil prices on forest product markets throughout the world.

Wood products environmental certification: The United States perspective

1996 ◽  
Vol 72 (2) ◽  
pp. 157-165 ◽  
Author(s):  
Lucie K. Ozanne ◽  
Richard P. Vlosky
Keyword(s):  
United States ◽  
Forest Products ◽  
The United States ◽  
Wood Products ◽  
Environmental Concerns ◽  
Irreversible Damage ◽  
Environmental Certification ◽  
Forestry Practices ◽  
Forest Practices ◽  
Sustainable Forests

Consumers are becoming interested in the environmental impacts caused by the production, packaging and disposal of the products they purchase and consume. As a result, environmental certification of forest products and forestry practices, part of the more encompassing green movement, is proliferating globally. In response to these environmental concerns, some environmental organizations, retailers and wood products companies have developed a set of standards for wood products that are intended to encourage consumers to purchase wood originating from certified sustainable forests. These efforts are a response to the perception by the general public that most forest practices involving the harvesting of wood do irreversible damage to the environment Key words: environmental certification, forest products, green marketing, United States

scholarly journals Long-Term Timber Contracts in the Southeastern United States: Updating the Primer Valuation Framework

2020 ◽  
Vol 66 (6) ◽  
pp. 653-665
Author(s):  
Hector I Restrepo ◽  
Bin Mei ◽  
Bronson P Bullock
Keyword(s):  
United States ◽  
Interest Rates ◽  
Southeastern United States ◽  
Price Volatility ◽  
Forest Products ◽  
The United States ◽  
Raw Material ◽  
Conditional Volatility ◽  
Material Supply

Abstract Timberland ownership has drastically changed in the United States since the 1980s, driven by the divestitures of vertically integrated forest products companies. Having sold their timberland, forest products companies have exposed themselves more to the risk of raw material supply. To hedge against this risk, forest products companies usually use long-term timber contracts (LTTC). The objective of this article is to update the valuation framework for LTTCs proposed by Shaffer (1984) by including alternative option price models and refining the estimates of some key economic variables. In particular, conditional volatility from the generalized autoregressive conditional heteroscedasticity model and quasi-conditional volatility from rolling estimation windows, in addition to simple standard deviation, are used for the volatility estimates in the option pricing models. Contrary to the previous result by Shaffer (1984), our analysis suggests that LTTCs that were once profitable for forest products companies in the 1980s are no longer so under current market conditions. This is primarily because both timber price volatility and the risk-free interest rates have declined significantly. Thus, to be better off, forest products companies need to either lower the administration and management costs of those LTTCs or rely more on the open market for timber procurement. Study Implications: Forest products companies have traditionally relied on long-term timber contracts (LTTC) negotiated with forest landowners to mitigate the risk of raw material supply. The value of these LTTCs highly depends on the economic context. This research provides some insights into the valuation of LTTCs in the southeastern United States. Forest products companies can use this updated framework to aid their decisionmaking in timber procurement.

Establishment size and employment stability in logging and sawmilling: a comparative analysis

2002 ◽  
Vol 32 (1) ◽  
pp. 67-80 ◽  
Author(s):  
Robert G Lee ◽  
Penelope Jennings Eckert
Keyword(s):  
United States ◽  
Comparative Analysis ◽  
The United States ◽  
Wood Products ◽  
Manufacturing Industries ◽  
Employment Stability ◽  
Establishment Size ◽  
The Relationship ◽  
Competitive Nature

Wood products employment stability (defined as year-to-year variation) was examined as a function of establishment size (grouped by number of employees). Small- and medium-sized establishments were consistently found to be more stable than large establishments. Comparison of Washington, Oregon, the United States, and Japan showed that the relationship between establishment size and employment stability was maintained regardless of long-term growth or decline in wood-products employment. Moreover, the smaller wood-products establishments in the United States were found to be more stable than the smaller establishments in other manufacturing industries. Structural stability in employment has been associated with the highly competitive nature of smaller wood-products establishments. Employment stability can best be promoted by policies that support the continued viability of smaller establishments.

scholarly journals Forestland Parcelization in Upstate New York Despite Economic Stagnation and a Declining Population

2006 ◽  
Vol 23 (4) ◽  
pp. 280-287 ◽  
Author(s):  
René H. Germain ◽  
Kevin Brazill ◽  
Stephen V. Stehman
Keyword(s):  
United States ◽  
New York ◽  
Economies Of Scale ◽  
New York State ◽  
Forest Products ◽  
The United States ◽  
Eastern United States ◽  
Upstate New York ◽  
Central New York ◽  
Parcel Size

Abstract Nonindustrial private forestlands (NIPFs) account for a majority of the forested working landscape in the eastern United States. Throughout the United States, NIPF average ownership sizes continue to decline. Smaller parcel sizes create declining economies of scale for forest managersand timber harvesters, threatening the viability of the forested working landscape and, in turn, wood supply. This study documents the parcelization of NIPF holdings in a central New York State county during the last 25 years of the 20th century. The findings indicate the average parcel sizeof NIPFs decreased from 36 to 24 ac over the study period, despite a decline in population in the county. Although average parcel size is declining, a large percentage of the rural forestland remains in acreage classes suitable for forest management, as long as the forest products industrycan adapt to changes on the landscape. North. J. Appl. For. 23(4):280–287.

scholarly journals Sustainable Forest Management for Nontimber Products

2019 ◽  
Vol 11 (9) ◽  
pp. 2670 ◽  
Author(s):  
James Chamberlain ◽  
Christine Small ◽  
Michelle Baumflek
Keyword(s):  
United States ◽  
Forest Management ◽  
Cultural Values ◽  
Sustainable Management ◽  
Sustainable Forest Management ◽  
Research Priorities ◽  
Forest Products ◽  
The United States ◽  
Nontimber Forest Products ◽  
Medicinal Species

Many of the plants and fungi that are harvested for nontimber products (e.g., foods, medicines, crafts) are critical to healthy forest ecosystems. These products also are essential to rural societies, contributing to the material and nonmaterial composition of communities and cultures. Product sales make important contributions at all economic scales, from household to national economies. Nontimber forest products (NTFPs) have been harvested for generations, sometimes centuries, yet they are seldom integrated into forest management. Few methods exist for inventory and assessment, and there is little evidence that harvests are sustainable. This article examines three elements of sustainable forest management for nontimber products: sociocultural, economic, and ecological, and elaborates with detailed examples of edible and medicinal species from United States (U.S.) forests. We synthesize the state of knowledge and emerging issues, and identify research priorities that are needed to advance sustainable management of NTFPs in the United States. Despite their social, economic, and ecological values, many of these species and resources are threatened by the overuse and lack of management and market integration. Sustainable management for nontimber products is attainable, but much research and development is needed to ensure the long-term sustainability of these resources and their cultural values, and to realize their economic potentials.

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