If you are a landowner new to the idea of harvesting the trees from your forest, you may be “stumped” by the terms foresters use to define their work. One of the first terms you will see when learning about harvesting timber is Stumpage.
The “Free Dictionary” (www.thefreedictionary.com) defines “stumpage” as either “standing timber regarded as a commodity, or the value of standing timber, or the right to cut standing timber.” It is dictated by a variety of standard measurement units, usually in “board feet”, “tons”, or “cords.” “Stumpage value” then is the market value of the wood product as it exists in its raw form still standing in the woodlot.
FORECON can help you assess both your property’s “stumpage” and “stumpage value.” And we can help you learn everything you need to safely, profitably and sustainably manage your forest land.
Talk with a forester
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