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Log price expectations and forest valuation.
Authors: P. GormanPublication: New Zealand Journal of Forestry, Volume N.Z.J.For. 2002, Issue N.Z.J.For. 47(1) 2002, pp 21-25, May 2002
Publisher: New Zealand Institute of Forestry
Abstract: This paper reviews the historical trends for radiata pine (Pinus radiata) log prices received by New Zealand growers, and discusses factors that are likely to control future log prices in New Zealand in the short to medium term (2002-2015). An approach is suggested for determining prices for use in valuing forest crops.