A Tool for Estimating the Financial Returns on Forage Grasses Seeded in Thinned Ponderosa Pine

Abstract

A method is described for determining the approximate internal rate of return from seeding forage grasses in thinned ponderosa pine stands. Although this method is applicable to an array of forage production costs, market-based forage values, and forage production levels, it is most useful to public land administrators for scheduling forage-seeding investments on both forested and open rangeland.