How Competitive is Minnesota’s Forest Products Industry? Insights from a new MFRC Report

In December 2014 the Minnesota Forest Resources Council released a new report on the global competitiveness of Minnesota’s forest products industry.  The executive summary is below.  Download the complete report here: Report on the Competitiveness of Minnesota’s Primary Forest Products Industry. Report on the Competitiveness of Minnesota’s Primary Forest Products Industry: Executive Summary Minnesota’s primary forest products industry is vital to […]

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Updated Income Tax Tips for Forest Landowners for the 2012 Tax Year

Hot off the presses from Linda Wang, national timber taxation specialist, check out this year’s Updated Tax Tips for Forest Landowners for the 2012 Tax Year (PDF, updated January 2013). There’s much more good info on income tax considerations for woodland owners at Timbertax.org.   Mike Reichenbach Mike’s work addresses legal and financial aspects of woodland ownership. He’s based in Cloquet.

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Updated content on Minnesota Land Economics

[As usual, passing along an update from Steve Taff, University of Minnesota Extension and Department of Applied Economics.] Dear Colleague: After heroic efforts by county assessors and Department of Revenue staff, the final, much-cleaned-up 2009 agricultural and timber land values data for all Minnesota taxing jurisdictions is now available in the Land Values section of Minnesota Land Economics. Please note: […]

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Sign up for Conservation Stewardship Program by Sept. 30

ST. PAUL, Minn. (9/9/2009) —Registration for the Conservation Stewardship Program (CSP) is taking place now until Sept. 30, 2009. The CSP is a voluntary program through the USDA Natural Resources Conservation Service that encourages producers to address resource concerns in a comprehensive manner by undertaking additional conservation activities; and improving, maintaining and managing existing conservation activities. CSP is available on […]

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Updated content on Minnesota Land Economics

[I thought this message might be of interest to some of our readers:] Dear Colleague: Three new things at Minnesota Land Economics: 1. 2009 assessor estimates of land values. Please be careful. From the site: “In 2009, the Minnesota Legislature created several new classifications for agricultural and timber land in the state. On Minnesota Land Economics, the reclassifications are handled […]

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Community Supported Forestry

Like the idea of Community Supported Agriculture?  Looking for ways to make a few bucks from your woodland?  A Wisconsin family is trying Community Supported Forestry. This is a pretty interesting idea:  For an annual payment of $550, Roald Gundersen and Amelia Baxter of Hamburg, WI are offering unlimited access to their 140-acre wooded valley south of LaCrosse.  Four of […]

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Book review: Timber Tax Management for Family Forest Owners

By Mike Reichenbach, University of Minnesota Extension Forester Timber Tax Management for Family Forest Owners 2009 Edition for Filing 2008 Tax Returns William L. Hoover and Mark Koontz Timber Tax Management for Family Forest Owners is written for woodland owners and tax professionals.  It provides more than a description of how to file after you have a timber sale.  It […]

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Minnesota Conservation Funding Guide from MDA

The Minnesota Department of Agriculture just launched a web-based tool to assist farmers and ag professionals regarding conservation programs and practices. Here is the announcement from Barbara Weisman below: The Conservation Funding Guide is a one-stop, online tool Minnesota farmers and other landowners can use to learn about conservation practices, programs, and payments. It provides a wealth of information all […]

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2008 Property tax estimates now up on Minnesota Land Economics

[I received this notice in an email today and thought it would be of interest to some MyMinnesotaWoods readers. -ed.] Dear Colleague, We loaded up the 2008 property tax data by jurisdiction and tax class on Minnesota Land Economics: http://landeconomics.umn.edu. You can find market values, tax levies by each taxing jurisdiction, credits, and net effective tax rates–all at any level […]

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