Soaring timber and firewood prices should act as an incentive for more farmers to consider planting trees or better manage areas of existing woodland on their farms, according to forestry body Confor.
A resurgence in firewood and timber prices combined with strong returns for investors is leading to heightened interest in UK woodland and forestry.
Commercial forest owners have seen the value of their asset rise exponentially in the past 10 years.
And, over the same period, some woodland deemed unworthy of maintenance is now financially viable again.
“Forestry has made a total return of 18.4% a year in the past decade,” says Jason Beedell, research partner at Strutt & Parker.
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