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Appraised stumpage price
On national forests, the Forest Service estimate of the market price for timber to be cut and removed. It cannot be less than the base rates. The appraised price is the advertised minimum for competitive bidding by purchasers.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
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