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TeachMeFinance.com - explain Timber sale Timber sale The term 'Timber sale ' as it applies to the area of agriculture can be defined as ' A contract for the sale of federal timber to a private purchaser with the right to cut and remove trees for an agreed-upon stumpage price; the contract includes an estimated volume of wood and an appraised stumpage price, which is the basis for competitive bidding by purchasers'.
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