News Filed Under Forest Economics
STARKVILLE, Miss. -- Managers of forestland that was damaged or destroyed during the March 24 tornado outbreak in Mississippi now face questions about the short- and long-term future of their property.
Timber loss was recorded in six of the state’s counties after aerial surveys conducted by the Mississippi Forestry Commission estimated more than $13 million in losses on 23,155 acres, of which 9,281 acres were on nonindustrial private forestland. Storms also battered Enviva’s wood pellet production plant in Amory, suspending operations there.
STARKVILLE, Miss. -- When planting loblolly pine trees on well-drained soils, landowners should heed two basic rules: Don’t do it during a freeze, and make sure to plant roots and seedlings deep.
To increase the chance of survival on well-drained soils, some Southern regeneration foresters suggest planting loblolly pine in a deep hole with the root collar several inches below the soil surface.
RAYMOND, Miss. -- Private timberland owners spend countless hours caring for and maintaining their property, and many are unaware that this investment can help lower their tax bills. One of the most overlooked timber activities that qualifies for a tax reduction is reforestation, said Curtis VanderSchaaf, forestry specialist with the Mississippi State University Extension Service.
RAYMOND, Miss. -- An increase in both the amount of timber harvested and delivered wood prices landed Mississippi’s forestry industry in third place among the state’s agricultural commodities. At an estimated production value of $1.3 billion, timber is up 15% from 2021. Poultry and soybeans ranked first and second, generating an estimated value of $3.8 billion and $1.8 billion, respectively, in 2022.
RAYMOND, Miss. -- Mississippi has gained new timber mills over the last 18months, and producers have seen timber prices rise since last year.
STARKVILLE, Miss. -- Business leaders looking to upgrade their social media marketing strategies can now get started by tuning in to a new podcast series.
Bricks-To-Clicks Marketing, a Mississippi State University Extension program, helps business leaders develop a digital marketing plan to bring in more customers and revenue. The program has launched an eight-episode marketing podcast centered around use of social media platforms to grow personal brands and businesses.
STARKVILLE, Miss. -- Forestry is the third largest agricultural commodity in Mississippi for the second straight year with a production value of nearly $1.29 billion in 2021, up 5.7% over last year.
Curtis VanderSchaaf joined the Mississippi State University Extension Service in the southwest region as a forestry specialist with regional and statewide duties. He also is a faculty member in the MSU Department of Forestry.
Although construction costs are through the roof timber prices have not kept pace, and Mississippi forest landowners are waiting for improved markets. Shaun Tanger, a forestry economics specialist with the Mississippi State University Extension Service, said the recent increase in construction costs is a demand-side phenomena.
Mississippi’s timber industry was not excused from market volatility due to COVID-19 this year, but its final value should land just short of where it was at the end of 2019.