The financially optimal loblolly pine planting density and management regime for nonindustrial private forestland in East Texas

Ching-Hsun Huang, Gary D. Kronrad, Jason D. Morton

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

Economic analyses were conducted to investigate the effects of initial planting density on the profitability of loblolly pine (Pinus taeda L.) on nonindustrial private forestland (NIPF) in East Texas. Five planting densities of 870, 725, 620, 540, and 484 trees per acre (tpa) representing spacings of 5×10, 6×10, 7×10, 8×10, and 9×1O ft, respectively, were investigated. Land expectation values were used to determine the financially optimal thinning and final harvesting schedules (including rotation length and the timing, frequency, and intensity of thinning). Five site indices (50-90), six real alternative rates of return (ARR) (2.5 - 15.0%), and three thinning options (0, 1, and 2) were employed. Results indicate that two thinnings appear to be the financially optimal number of thinnings for most site index-ARR scenarios. The planting spacing of 8×10 ft is optimal when ARR is low, and the 9×10 ft spacing is optimal when ARR is high.

Original languageEnglish (US)
Pages (from-to)16-21
Number of pages6
JournalSouthern Journal of Applied Forestry
Volume29
Issue number1
StatePublished - Feb 2005
Externally publishedYes

Fingerprint

nonindustrial private forests
Pinus taeda
thinning (plants)
thinning
planting
spacing
site index
spatial distribution
land values
profitability
economics
rate

Keywords

  • Land expectation value
  • Net present worth
  • Optimal forest management regime
  • Optimal planting density
  • Profitability

ASJC Scopus subject areas

  • Forestry
  • Plant Science

Cite this

The financially optimal loblolly pine planting density and management regime for nonindustrial private forestland in East Texas. / Huang, Ching-Hsun; Kronrad, Gary D.; Morton, Jason D.

In: Southern Journal of Applied Forestry, Vol. 29, No. 1, 02.2005, p. 16-21.

Research output: Contribution to journalArticle

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