Midwest Logging Firm Perspectives: Harvesting on Increasingly Parcelized Forestlands

Table 3

Relationship between profitability of timber sales of varying sizes by source of timber supply (private family forests).

	Timber sales^a  1–20 acres		Timber sales^a  21–80 acres		Timber sales^a  81+ acres
	n	profitability ratio^a	n	profitability ratio^a	n	profitability ratio^a
Firms with 0–24% of timber supply from private family forests	33	0.59	73	0.79	71	0.81
Firms with 25–49% of timber supply from private family forests	23	0.85	45	0.79	35	0.83
Firms with 50–74% of timber supply from private family forests	39	0.75	72	0.81	41	0.76
Firms with 75–100% of timber supply from private family forests	143	0.85	206	0.89	100	0.90
	𝐹=6.276		𝐹=4.364		𝐹=2.609
	df = 3		df = 3		df = 3
	𝑃<.001		𝑃=.005		𝑃=.05
	𝑛=238		𝑛=396		𝑛=247

^aRatio consisting of the number of total sales in the acreage category divided by the number of profitable sales in the acreage category (range is from 0 to 1).