The debate

Larry Caldwell larryc at
Tue Dec 2 18:47:33 EST 1997

In article <19971202014900.UAA27942 at>,
jostnix at (Jostnix) wrote:

> LEV takes in site quality, costs, prices, rotation age, interest rate and
> formulates an optimum price you can pay to make an expected rate of return.  I
> got the formula if your interested...

You bet.  I'd be interested to see how it compares with what I have invented
on my own.  I haven't refined it down to a formula yet.  Instead what I do
is calculate estimated capital costs (principle + interest) at the proposed
harvest date.  As long as the trees are growing faster than your capital
costs you leave 'em alone.

-- Larry

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