Comparing the profitability of farming and forestry

Abstract

This paper updates an analysis of returns from major productive land uses in New Zealand carried out in 2008. Trends in profitability over time are shown, and a preliminary investigation of the relationship between land-use change towards forestry (new land planting) and forestry profitability is described.Profitability, farming, forestry, land use, land-use change, Agricultural and Food Policy, Community/Rural/Urban Development, Crop Production/Industries, Environmental Economics and Policy, Farm Management, Land Economics/Use, Livestock Production/Industries,