outlook for forestry & forest products 2003 terry conners univ of kentucky dept october snapshot ky resources 49 9 land area is classified as forestland 2002 48 6 timberland 1 3 reserved unproductive 1630 12 4 million acres in new inventory was finished recently acreage went down a bit timber worth 117 to woodland owners stumpage value 2001 harvested over billion board feet ownership 90 privately owned 2 by industry 98 300 000 individual nipf nb there are only 88 farmers owning 13 this 10 publicly held 50 national 20 commonwealth holdings percentages who owns what private federal state have remained pretty constant since records started being kept 1953 productivity master loggers www masterlogger