The Consultant - 2018 - 29

CHANGES OF BIBLICAL PROPORTIONS

sawlog prices and lumber prices remains
and is likely to continue indefinitely. We
seem to be living in a "new normal."
What the heck is going on? Let's take
a glimpse at the past 50 years. History
may not be a predictor, but combined
with some economic principles, it will
help us understand the future of our
forestry community.

THE PROMISED LAND, A LAND OF
MILK AND HONEY...1970-1990
The timber industry was expanding. The
development of new glues and processes
brought southern pine plywood into
being and opened new markets for timber. Family-owned mills remodeled and
increased capacity as the demand for timber increased. Small log processing technology emerged, calling itself chip-n-saw,
a process that generated lumber plus chips
for expanding paper mills. Prices for all
THE CONSULTANT

2018

forest products were rising and whole
tree logging and better mill utilization
left less waste and contributed to lower
reforestation cost.
Private non-industrial landowners
responded and began planting more trees.
Genetic research increased the quality of
trees that grew faster, straighter and more
resistant to disease than ever, thereby
increasing lumber outturn from the same
load of logs. Herbicides replaced bulldozers for site preparation, leaving fragile
topsoil intact. Domestic consumption
of forest products increased. Export and
import of forest products increased. Times
were good. The free market economy was
thriving, rewarding growers, foresters
and processors alike.
During the latter half of this period,
pulp and paper mills came under pressure from Wall Street to separate their
timberland from manufacturing. Paper

companies were seen as good manufacturers, but not so efficient at maximizing returns from their forests. The pulp
and paper industry was encouraged to
divest itself of timberland, thereby allowing more efficient investment owners
to produce timber. Hence, by the mid
1980s the Timberland Management
Organization was born.
The first Timberland Management
Organizations (TIMOs) met limited success in the first few years, but
they persisted in educating investors
(mostly pension funds). Slowly but
surely, investment capital began to flow
into timberland.

TIMBER KINGS GROW CROPS FOR
THE MULTITUDES...1990-2000
Bowing to the pressure from Wall Street
to sell, forest products companies, with
approximately 20 percent of the South's
29



Table of Contents for the Digital Edition of The Consultant - 2018

From the Executive Director End Notes
From the President ACF: Forestry, Fellowship and Value
Sharing the Stories of the Trees: ACF Distinguished Forester Jim Able
Maple Syrup: A Steigerwaldt Family Tradition
The South Carolina Chapter and Forestry Students
The Association of Consulting Foresters Celebrates 70 Years
Carbon Offsets: A Viable Opportunity for Forest Landowners?
Changes of Biblical Proportions
Forests for Fish In Michigan, Foresters and Anglers are Learning from Each Other
Case Study: Richland Township Woods, North Central Indiana
Invasive Species 101
Evaluating Forest Inventory Technology for Small Landowners
Choosing the Right Accountant or Tax Preparer
The History of Forestry in Ireland
The American Oak Project Midleton Distillery Creates Rare Irish Whiskey to Promote Sustainable Forestry
Products & Services Marketplace
Index of Advertisers
Why not Surround Yourself with the Best?
The Consultant - 2018 - Intro
The Consultant - 2018 - cover1
The Consultant - 2018 - cover2
The Consultant - 2018 - 3
The Consultant - 2018 - 4
The Consultant - 2018 - 5
The Consultant - 2018 - From the Executive Director End Notes
The Consultant - 2018 - From the President ACF: Forestry, Fellowship and Value
The Consultant - 2018 - Sharing the Stories of the Trees: ACF Distinguished Forester Jim Able
The Consultant - 2018 - 9
The Consultant - 2018 - 10
The Consultant - 2018 - 11
The Consultant - 2018 - Maple Syrup: A Steigerwaldt Family Tradition
The Consultant - 2018 - 13
The Consultant - 2018 - 14
The Consultant - 2018 - 15
The Consultant - 2018 - The South Carolina Chapter and Forestry Students
The Consultant - 2018 - 17
The Consultant - 2018 - 18
The Consultant - 2018 - 19
The Consultant - 2018 - The Association of Consulting Foresters Celebrates 70 Years
The Consultant - 2018 - 21
The Consultant - 2018 - Carbon Offsets: A Viable Opportunity for Forest Landowners?
The Consultant - 2018 - 23
The Consultant - 2018 - 24
The Consultant - 2018 - 25
The Consultant - 2018 - 26
The Consultant - 2018 - 27
The Consultant - 2018 - Changes of Biblical Proportions
The Consultant - 2018 - 29
The Consultant - 2018 - 30
The Consultant - 2018 - 31
The Consultant - 2018 - 32
The Consultant - 2018 - 33
The Consultant - 2018 - Forests for Fish In Michigan, Foresters and Anglers are Learning from Each Other
The Consultant - 2018 - 35
The Consultant - 2018 - 36
The Consultant - 2018 - 37
The Consultant - 2018 - Case Study: Richland Township Woods, North Central Indiana
The Consultant - 2018 - 39
The Consultant - 2018 - Invasive Species 101
The Consultant - 2018 - 41
The Consultant - 2018 - 42
The Consultant - 2018 - 43
The Consultant - 2018 - Evaluating Forest Inventory Technology for Small Landowners
The Consultant - 2018 - 45
The Consultant - 2018 - 46
The Consultant - 2018 - Choosing the Right Accountant or Tax Preparer
The Consultant - 2018 - The History of Forestry in Ireland
The Consultant - 2018 - 49
The Consultant - 2018 - 50
The Consultant - 2018 - 51
The Consultant - 2018 - The American Oak Project Midleton Distillery Creates Rare Irish Whiskey to Promote Sustainable Forestry
The Consultant - 2018 - 53
The Consultant - 2018 - 54
The Consultant - 2018 - 55
The Consultant - 2018 - Products & Services Marketplace
The Consultant - 2018 - 57
The Consultant - 2018 - 58
The Consultant - 2018 - 59
The Consultant - 2018 - Index of Advertisers
The Consultant - 2018 - 61
The Consultant - 2018 - Why not Surround Yourself with the Best?
The Consultant - 2018 - cover3
The Consultant - 2018 - cover4
The Consultant - 2018 - outsert1
The Consultant - 2018 - outsert2
The Consultant - 2018 - outsert3
The Consultant - 2018 - outsert4
The Consultant - 2018 - outsert5
The Consultant - 2018 - outsert6
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