NOTE: Participants MUST BRING
7:30 Breakfast Buffet begins
8:30 Program begins
NH Forestry Happenings and Market Roundup - Karen Bennett, Extension Forester, UNH Cooperative Extension
State of NH Forestry - Brad Simpkins, State Forester, N.H. Division of Forests & Lands
There’s been a lot of worry and talk about changes in low-grade markets. But, what is going on with the rest of the forest industry? At Blackfly we will hear from people who work in the lumber industry—our high-grade markets. They will update us on the existing markets, trends, domestic markets, and the importance of international markets and trade policies.
SAF Category I 3.0 CFEs
NHPLP Certification 4.0 CEUs
Timber Depletion workshop 1.5 CFEs Category 1
12:00 - 2:00 includes lunch, cost $15.00
Foresters can help clients understand the financial implications of managing forestland. The tax treatment of timber income, specifically opportunities to deplete timber, can result in greater profit for a landowner, and can help justify a forester’s services and fees. We will review the basics of federal timber taxes—determining a taxable gain on timber harvests, establishing a timber basis, and depletion—then introduce a “calculator” that foresters can use to help predict the financial impacts of depleting timber.