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This exercise highlights the importance of timber inventory for forest landowners' profits, suggesting better practices for timber sales.
Standing timber worth millions of dollars is sold by forest landowners every year. It is common for landowners to sell timber without having a timber inventory to guide them on the value they should expect to receive. Accordingly, many landowners do not receive full value for their timber when it is sold. County Agents and Extension Foresters often encourage landowners to use professional forestry assistance and to have an inventory when they make a timber sale but most still do not.
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Bob Daniels (2001) studied this question.
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