News Desk, Timberland

Destruction from Hurricane Michael Estimated at $1.6 Billion

Hurricane Michael dealt a devastating blow to over 5 million acres of woodlands when it roared through Florida, Georgia, and Alabama in October, according to The Wall Street Journal. Beyond mature trees that snapped during the storm, there is a range of unseen damage. Blue stain (discoloration from fungi) rendered some saw logs unusable. Some timber still standing was rattled so badly by high winds that it’s no longer suitable for its intended use and instead must be pulped or mulched. Then there are harmful insects and rotting that occur naturally in damp environments. Further compounding these issues were debris and fallen trees that delayed crews trying to access ravaged areas. In addition, at least one major local mill suffered substantial damage, and others were still stocked from the summer logging season, presenting a financial challenge in shipping timber elsewhere. “This is a catastrophic loss,” said Florida Commissioner of Agriculture Adam Putnam.

Click here to read more.

Photo Credit: National Guard


News Desk

Historic Dahlstrom Ranch Conservation Easement Finalized

A conservation easement of historic proportions was purchased …

Land Report Top Ten: August 2012

Land Report Top 10: 33-acre Sagg Pond Estate

Located in one of the Hamptons’ most exclusive …

Print & Gift
Subscriptions Available
Please sign me up to receive breaking news and updates from The Land Report: