“If I hire you to sell my timber, will I get my money’s worth?” It is a question that every consulting forester has been asked. As an advocate for consulting foresters, I would like to say that yes, foresters are indeed worth the money. But can we prove that with hard analytical data?
Earlier this year, I set out to prove the value of consulting foresters by using Forest2Market’s proprietary industry data. Accessing Forest2Market’s distinctive databases that track prices of raw materials for the forest products industry, including stumpage prices, I built a study process that would include factors unique to consultant involvement during timber sales. Forest2Market’s data is exclusive within the industry, as it is the only comprehensive set of data that is collected at the transaction level; no survey data is used or incorporated into the database. Data are collected on both a tract and sale basis, and the details of each transaction are methodically verified before being added to the database.