Stumpage appraisal is crucial for determining the value of standing timber, which is essential for landowners to make informed decisions about selling or managing their forest resources. It helps establish fair market prices, ensuring that landowners receive appropriate compensation while also promoting sustainable forest management practices. Additionally, accurate stumpage appraisals support local economies by providing data for timber sales and facilitating investment in forestry-related activities. Overall, it plays a vital role in balancing economic interests with ecological sustainability.
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