At MFO training, agro-forestry expert Bob Beyfuss talked about income opportunities for forest owners that don’t include logging. Here are a few things folks can do according to Bob:
Recreation: hunting leases, cabins, and cottages for various seasons. Take a look at www.aplacetohunt.net and www.woodlandowners.org.
Silvapasture is leasing for grazing or browsing. Although now somewhat limited for elk and deer due to Chronic Wasting Disease and it’s not for sheep or cattle (they cause too much forest damage), there are opportunities for goats. Goats love burdock, beech, and especially poison ivy. They still may need to be fed if they are grazing in strictly forested lands.
Maple syrup production – I’ve already covered that here.
Ginseng, goldenseal, bloodroot, black cohosh, ramp/wild leeks, and fiddleheads are just a few of the botanicals that can be managed on forest lands for profit. Contrary to popular belief, while nothing can be taken from state land, only ginseng and goldenseal are regulated on private land. Old ginseng can sell for $1,700 a pound. Other opportunities include native ornamental plants like foam flower, maidenhead fern, and a lot more. In 1900, there were 5,000 ginseng farms in New York State and New York was the leading producer.
Mushrooms: chanterelles and morelles can be gathered, but oysters and shitakes can be grown at home (shitakes can bring $16 a pound).
Bob recommends two books:
Also check out Marketing Special Forest Products in New York State