A financial appraisal of Sitka spruce.
Keywords: Sitka spruce, Picea sitchensis, timber prices, economics, financial appraisal, structural timber, forest management, silviculture.
AbstractAn economic appraisal of a range of yield classes of Sitka spruce is presented. The effect of different assumptions of timber price, discount rate and grant structure is shown. The quality of Sitka spruce as a structural timber is discussed. It is concluded that the timber from crops now reaching clearfell age is of satisfactory strength. A comparison is made between the return from forestry and agriculture. Forestry is shown to be more profitable than agriculture on a large proportion of the soils that are marginal for agriculture.
How to Cite
Brien, D. (1986) “A financial appraisal of Sitka spruce.”, Irish Forestry. Available at: https://journal.societyofirishforesters.ie/index.php/forestry/article/view/9583 (Accessed: 21March2023).