Nice summation Bill. Had this exact conversation with my brother (Weyerhaeuser employee-30 years) last year. 80,000 acres – first thin at 15 years, clearcut at 25 years. That sized tract should generate at least 9,600,000 a year on a rotating basis. (80,000 x 3,000(1st & 2nd cut = $240,000,000/25 year cycle = 9,600,000 a year) What other income streams could be generated on an 80,000 tract outside of just lumber??? Prices vary throughout the state but at $1,900 an acre that tract should be clearcut to the last one inch gum tree prior to sale. Would love to see tax information and intended use of 150,000,000. What makes financial sense to the sellers??? I know the buyers are licking their chops.
Bill, do you have any idea how long it takes a broken down 50 year old to plant 600 seedlings per acre? I got 60 acres to replant.
