Forestry Impacts
Another aspect of forest economics is forest investment analysis. Surveys have shown that many forest landowners hold their forest land for many non-economic reasons (for recreation, to hold the land in the family, for wildlife, etc), but many also list income or financial investment as other reasons for owning forested properties. Landowners are increasingly interested in the returns on investment that forestry investments will yield. And they want to know if it is worthwhile to invest their money in their forestland. This site attempts to answer some of those questions and provide links to other sites with forest economics information.
Publications
News
Mississippi’s timber industry remained its second highest producing agricultural commodity again in 2019.
Coming in with an estimated production value of $1.15 billion, timber followed the state’s poultry industry, which generated an estimated value of $2.78 billion in 2019. Timber’s value of production is estimated by monthly severance taxes collected by the Mississippi Department of Revenue.
RAYMOND, Miss. -- Despite a slow housing market and other lingering effects of the recession, Mississippi’s forests remain the state’s second most valuable agricultural commodity for 2017.
John Auel, an assistant Extension professor of forestry at Mississippi State University, estimates the value of forest products is $1.4 billion, which is a decrease of 8.6 percent from 2016. However, 2017 numbers are almost 40 percent higher than they were in 2009, when the industry experienced its lowest valued harvest of the 2007-2009 recession.
