Helene Hammered Private Timberlands
Based on preliminary damage assessments conducted by the Georgia Dept. of Agriculture, the Georgia Forestry Commission, and the University of Georgia, Hurricane Helene left behind an estimated $6.46 billion in damage to Georgia’s agriculture and forestry industries, more than three times the damage from Hurricane Michael in 2018.
The 60-100 mile per hour winds that raged from Valdosta to Augusta took a heavy toll mostly on privately owned timberlands. The latest timber loss estimates from the Georgia Forestry Commission and the UGA Warnell School of Forestry state 8.8 million acres of timber were ravaged. The impact on one of Georgia’s top five commodities, timber, is expected to be $1.28 billion.
Latest News
Rayonier Announces Acquisitions in U.S. South
Rayonier Inc. has announced that the company entered into two separate agreements to acquire approximately 172,400 acres of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana for an aggregate purchase price of…
University Of Georgia Researchers Will Reengineer Poplar
A multidisciplinary team of researchers at the University of Georgia and two partner institutions have been awarded a $15.8 million grant over five years from the U.S. Dept. of Energy to reengineer poplar trees to be used as a sustainable energy…
Have A Question?
Send Us A Message