New forest planting stumbles as farm economics trump soaring log prices

The pace of new forestry planting in New Zealand more than halved last year, with soaring log prices not enough to counter demand for land from pastoral farming.

Just 5,000 hectares of new commercial forests were established in 2013, according to government estimates. That's down from 12,000

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NBR Staff
Wed, 05 Mar 2014

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