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CAPITAL IDEAS -- LIVE!

MARCH 2020 News Conference for Forest Owners
Produced by the Alabama Forest Owners' Association, Inc.
This Conference was recorded at 10:00 AM Central Time on March 11, 2020 with a live audience. If you would like to be a member of the audience on the next program, call (205) 624-2225 to register.

CLICK HERE
to Listen to the
Conference.
This conference is in .mp3 format, which is compatible with most media and smart devices.

Hayes D. Brown   Alabama Forest Owners' Association

Hayes D. Brown

starting time: (00:00)

Moderator

Hayes D. Brown, attorney and forest owner, will moderate this news conference. Hayes' email address is hbrown@hayesbrown.com.

Click Here to View & Hear Prior News Conferences.

 

FORESTER

SEARCH

Today's issue of Capital Ideas - Live! is brought to you by Forester Search, a web resource developed by the Alabama Forest Owners' Association with the support of the
Bradley/Murphy Forestry & Natural Resources Extension Trust.

Visit www.ForesterSearch.com for a list of Consulting Foresters in your area.

Anthoni Goodman

(00:55)
Hear Conference

Comment

Alabama Mushroom Spotting

Anthoni Goodman is a neuroscience researcher at the University of Alabama at Birmingham who founded and leads the Alabama Mushroom Society. With the extremely wet spring, you can be sure that mushrooms all over Alabama are thriving. Whether you are interested in cool photos or in learning how to forage for edible mushrooms, the Alabama Mushroom Society can help you learn more about the exotic fungi growing in your forests.

Suggested Reading:

Using social media to ID your mushrooms

Alabama's biodiversity makes it a haven for mushrooms

Email: almushroomsoc@gmail.com

.

Matt Weathers

(04:20)
Hear Conference

Comment

Stop Trespassing: Suggestions from the Chief

Matt Weathers is the Law Enforcement Section Chief at the Alabama Department of Conservation and Natural Resources. Trespassing is an ever-present concern for forest landowners. Trespassers can cause problems from annoyance to outright damage or theft. We asked Chief Weathers to speak with us about the always-timely topic of deterring trespassers--safely and legally--on private forest lands.

Suggested Reading:

A Kentucky game warden's tips for stopping trespassers

Alabama DCNR Law Enforcement Contacts

Phone: (334) 242-3467
Email: michael.weathers@dcnr.alabama.gov

.

Dr. Patrick Hiesl

(08:51)
Hear Conference

Comment

Delaying a Timber Sale Can Ease the Tax Burden for Heirs

Dr. Patrick Hiesl is Assistant Professor of Forest Operations at Clemson University. He has research and extension projects with industrial and private forest owners surrounding timber harvesting activities and its impacts on taxes, productivity, cost, and water quality. We asked Dr. Hiesl to talk to us about the option of delaying final harvests of mature timber to pass on the benefit of a stepped-up timber basis to the next generation of forest owners. In some cases, simply delaying the sale can be "the same as receiving approximately 30 percent more for the timber."

Suggested Reading:

"Give Trees, Save Money" from the March/April issue of Forest Landowner magazine.

Basis of Assets – IRS Publication 551

Timber Tax Information
 

Phone: (864) 656-7293
Email: phiesl@clemson.edu

.

Peter J. Stewart

(12:51)
Hear Conference

Comment

Updated Predictions for Global Timber Markets in 2020

Pete Stewart is the Founder, President, and CEO of Forest2Market, an organization that "provides market price data, supply chain expertise and other decision support services to participants in the forest, wood and paper products, recovered fiber and bioenergy industries." Back in January, we read Pete's article "10 Predictions for Global Forest Markets." Since then, the COVID-19 coronavirus and resulting stock market changes made us wonder: What, if anything, would Pete change about his predictions for 2020 considering the events that unfolded after his article?

For Further Reading:

COVID-19 Has the Potential to Slow US Construction and Disrupt Supply Chain.

How the forest industry survives down markets--including COVID-19

Potential coronavirus impacts to US economy and currency

Housing market demonstrates momentum despite January dip

Phone: (704) 540-1440x11
Email: pete.stewart@forest2market.com

.

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