Definition of Stumpage price (or stumpage rate)

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TeachMeFinance.com - explain Stumpage price (or stumpage rate)



Stumpage price (or stumpage rate)

The term 'Stumpage price (or stumpage rate) ' as it applies to the area of agriculture can be defined as ' The agreed-upon price, usually in dollars per thousand board feet (mbf), between a private timber purchaser and the federal agency for the right to cut and remove trees and/or logs from the federal lands'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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