Current issue: 55(1)

Under compilation: 55(2)

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Silva Fennica 1926-1997
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Acta Forestalia Fennica
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Articles containing the keyword 'timber price'.

Category: Research article

article id 621, category Research article
Jyrki Kangas, Pekka Leskinen, Timo Pukkala. (2000). Integrating timber price scenario modeling with tactical management planning of private forestry at forest holding level. Silva Fennica vol. 34 no. 4 article id 621. https://doi.org/10.14214/sf.621
In forest management planning, deterministic timber prices are typically assumed. However, real-life timber prices vary in the course of time, and also price peaks, i.e. exceptionally high timber prices, might occur. If land-owners can utilise the price variation by selling timber with the high prices, they are able to increase their net revenues correspondingly. In this study, an approach is presented to study the timber price variation and its significance in the optimization of forest management. The approach utilizes stochastic timber price scenario modelling, simulation of forest development, and optimization of forest management. The approach is presented and illustrated by means of a case study. It is shown how the degree of uncertainty due to variation in timber prices can be analyzed in tactical forest planning of private forestry, and how the potential benefits of adaptive timber-selling behaviour for a forest landowner can be computed by using the approach. The effects of stochastic timber prices on the choice of forest plan are studied at the forest holding level considering also the spacing and type of cuttings and the optimal cutting order. A forest plan prepared under the assumption of constant timber price very seldom results in optimal forest management. Through studying the effects of stochastic timber prices, forest landowners and other decision makers obtain valuable information about the significance of adaptive timber selling behaviour. The presented methodology can also be used in analysing the land-owners’ economic risks as a function of time-price structure.
  • Kangas, Finnish Forest Research Institute, Kannus Research Station, P.O. Box 44, FIN-69101 Kannus, Finland ORCID ID:E-mail: jyrki.kangas@metla.fi (email)
  • Leskinen, Finnish Forest Research Institute, Kannus Research Station, P.O. Box 44, FIN-69101 Kannus, Finland ORCID ID:E-mail:
  • Pukkala, University of Joensuu, Faculty of Forestry, P.O. Box 111, FIN-80101 Joensuu, Finland ORCID ID:E-mail:

Category: Article

article id 7095, category Article
Eino Saari. (1923). Sahapuun kantohinta ja menekki Suomen valtionmetsissä vv. 1913-1922. Acta Forestalia Fennica vol. 27 no. 2 article id 7095. https://doi.org/10.14214/aff.7095
English title: The stumpage prices and demand of saw timber in state forests of Finland in 1913-1922.

The survey focuses on the stumpage prices of standing sales, where the buyer of the wood takes care of felling and transport of the timber. The study concentrates further on conifer sawn timber. The prices of the sawn timber rose continuously from 1891 to 1910. After 1913 the stumpage price fluctuations reflected the changes in the market. The article includes a detailed description on the changes of the saw timber in 1913-1922 and the factors affecting the prices. The prices are shown for different parts of the Finland. The first world war affects the prices and demand on saw timber in 1917-1918. In Northern Finland the prices of sawn timber increased slower than in Southern Finland. In general, the unfavorable factors have had stronger impact on the stumpage prices than the favorable.

The PDF includes a summary in German.

  • Saari, ORCID ID:E-mail:
article id 5295, category Article
J. E. de Steiguer, J. P. Royer. (1986). Increasing forestry investments by means of public policy programs. Silva Fennica vol. 20 no. 4 article id 5295. https://doi.org/10.14214/sf.a27751

In 1979, the Federal Research in the United States instituted a so-called ”tight money” policy which led to a decrease in the demand for stumpage. The decrease in demand brought about lower stumpage prices and, consequently, a waning interest in policies to stimulate NIPF production. The authors report on five recent studies on NIPF behaviour and raise concerns that increases in demand for housing may bring new pressure upon NIPF as a source of wood.

  • Steiguer, ORCID ID:E-mail:
  • Royer, ORCID ID:E-mail:
article id 4986, category Article
John E. Høsteland. (1978). Raakapuun hintasopimukset Norjassa. Silva Fennica vol. 12 no. 1 article id 4986. https://doi.org/10.14214/sf.a14840
English title: Collective timber price agreements in Norway.

In this paper the system of collective timber price agreement in Norway is described. The history of »collective behaviour» in the roundwood market can be tracked far back in history, with different degrees of importance, and it has totally dominated the price-formation of roundwood from the 1950’s until the present. In trying to answer the question »What has been the effect of the collective price agreements» a few theoretical market models are used and the empirical data are also employed. Both the theoretical discussion and the empirical data seem to indicate that the forest owners are better off with collective price agreements than with a situation where there are no organized price-negotiations.

The PDF includes a summary in English.

  • Høsteland, ORCID ID:E-mail:
article id 4986, category Article
John E. Høsteland. (1978). Raakapuun hintasopimukset Norjassa. Silva Fennica vol. 12 no. 1 article id 4986. https://doi.org/10.14214/sf.a14840
English title: Collective timber price agreements in Norway.

In this paper the system of collective timber price agreement in Norway is described. The history of »collective behaviour» in the roundwood market can be tracked far back in history, with different degrees of importance, and it has totally dominated the price-formation of roundwood from the 1950’s until the present. In trying to answer the question »What has been the effect of the collective price agreements» a few theoretical market models are used and the empirical data are also employed. Both the theoretical discussion and the empirical data seem to indicate that the forest owners are better off with collective price agreements than with a situation where there are no organized price-negotiations.

The PDF includes a summary in English.

  • Høsteland, ORCID ID:E-mail:

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