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pine trees
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<blockquote data-quote="Jogeephus" data-source="post: 1126712" data-attributes="member: 4362"><p>Sky, I think you are making the right choice but if a hurricane demolishes your place the day your policy runs out don't blame me. </p><p></p><p>I think the general consensus is the insurance companies need to lower the rates considerably before its truly worth while to the average timber farmer. Like Greybeard said, the average person only makes $50/acre/year on trees and when you are paying the government 20% of this so you can have the privilege of owning land and have them tell you what you can and cannot do with it, it doesn't make much sense to give the insurance company another 24% of your yearly theoretical return because that adds up fast and I think if you were to amortize these payments forward to the day you actually get a check from the timber then you would be sick. Then in the end, you have to pay the government again 3 times in Georgia when you cut it. He77, buggers the mind as to why you planted the trees in the first place when everyone else is getting money from them but you.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 1126712, member: 4362"] Sky, I think you are making the right choice but if a hurricane demolishes your place the day your policy runs out don't blame me. I think the general consensus is the insurance companies need to lower the rates considerably before its truly worth while to the average timber farmer. Like Greybeard said, the average person only makes $50/acre/year on trees and when you are paying the government 20% of this so you can have the privilege of owning land and have them tell you what you can and cannot do with it, it doesn't make much sense to give the insurance company another 24% of your yearly theoretical return because that adds up fast and I think if you were to amortize these payments forward to the day you actually get a check from the timber then you would be sick. Then in the end, you have to pay the government again 3 times in Georgia when you cut it. He77, buggers the mind as to why you planted the trees in the first place when everyone else is getting money from them but you. [/QUOTE]
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