Understanding the Financial Aspects of Woodland Management: 2020 WS series 2 (of 4)
Webinar Details
When:
Feb 13, 2020 7:00 pm US/Eastern
Length: 01:30 (hh:mm)
Advance Registration NOT required.
View now on-demand.
Presenter(s):
- Dr. Rajan Parajuli, NC State Extension
- Dr. Mark Megalos, NC State Extension
- Dr. Shaun Tanger, Mississippi State University Extension
Virtual Event Format:
Group Viewing Available:
Your woodlands are not just for enjoyment but can also be a source of revenue for you and your family. Financial decisions that you make today will have ramifications for your timber property for years to come. Learn more about what you need to know to make sound financial decisions.
This session provides an overview of financial factors that affect your woodland management such as when to re-plant, when to thin, when to harvest, when to use cost-share programs and more.
Presenters
Dr. Shaun Tanger, PhD. Shaun is Assistant Professor and Extension Specialist at the Coastal Research and Extension Center at Mississippi State University. He received his BS in Wildlife Management from Auburn University and Masters and PhD degrees from Auburn University in Forestry. Dr. Tanner works in the area of timber markets, invasive species, taxes, managing timber stands, and economic contributions of forestry to the southeast United States.
Dr. Rajan Parajuli, PhD. Rajan is an assistant professor and extension specialist in forest economics with Forestry Extension at NC State University. He received his Ph.D. in forest economics and policy from Louisiana State University. Dr. Parajuli specializes in economic impact and contribution analysis, forest product market modeling, alternative income streams (payment for ecosystem services), and timberland valuation.
Dr. Mark Megalos, PhD. Mark is an Extension Professor in Forestry with Forestry Extension at NC State University. He received his Ph.D. in forestry from NC State University. Dr. Megalos specializes in forest management, taxation and conservation strategies.
Resources
- Timberland Decision Support System, Texas Forest Service
- Costs & Trends of Southern Forestry Practices 2018, Alabama Extension
- Timber quarterly price report- most states produce them, but here’s North Carolina
- Is Reforestation a Profitable Investment? An Economic Analysis, NC State Extension
Additional webinars in the series
Woodland Management: What is Right for You and Your Woodland?
This session will help woodland owners to understand how stand dynamics and market considerations are used in the application of management.
More than Timber: Income Opportunities from Non-timber Forest Products
There are a range of possibilities to generate income from your woodlands that depend on your location, forest type and more, that are compatible with timber management too. In this session learn more about the opportunities to generate income from your woodlands.
Launching your Woodland Legacy: Intact, In Forest and In Family Ownership
Most woodland owners cite legacy as one of their main reasons for owning land, and a large majority express concern over their ability to keep the land intact. This session is designed to help you find the best way to pass this legacy intact to your heirs.
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