Broadleaf forestry value

Castlekeeper

A neighbour is talking of now selling about 10 acres goodish land he planted with mainly oak about 5 years ago. Am I right in saying that it has no realisable value in the next 100 years?

What if anything would be the value of such land barring any amenity use in 30 plus years?

Of course there's the remaining 10 years premiums, but that's just similar to buying an annuity.

blue5000

I hate to say it but it's basically worth the 10 years of premium that's left. Might be worth a bit more to you if it's beside you, or if you want to take a gamble on future possible carbon credits.

What else is in it besides the oak?

Castlekeeper

https://www.boards.ie/discussion/comment/122935172#Comment_122935172

That's what I was thinking alright. There's alder, birch and hazel on the fringes and awkward spots.

It's close by but not boundsing, so apart from someone taking a punt for their grandchildren, it's for the birds!

893bet

it’s a sad state of affairs really that it’s worthless.

Ak84

Just on the carbon credits comment.

We have forestry planted in the last 1/2/3 years.

Apparently we were eligible for some carbon credit scheme as it is newly planted. But looking into it, there would be restrictions on how you manage the forest.

The payments seemed quite good, but it would just be a case of some polluter buying the credits so they can carry on polluting. That's my understanding of it all anyway.

Castlekeeper

I was under the impression that with any grant aided forestry, the carbon credits are appropriated by the government, or the national inventory.

I'm no expert though.

Accidentally

It appears not, but no centralized system yet

https://www.farmersjournal.ie/news/news/farmers-free-to-trade-carbon-credits-says-gleeson-818514

Good loser

As the plantation is under 5 years all grants and premiums could be repaid and the land reverted to agrl use afaik.