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New Zealand Journal of Forestry (1976) 21(1): 36–42
©New Zealand Institute of Forestry

Research article
Woodstock: an intergrated farm/forestry managemnet project

S.S. Strand

The New Zealand Forest Service and the Department of Lands and Survey are jointly developing a 6705 hectare farm/ forest on a block of unoccupied Crown land in Hawke's Bay. When completed the venture will consist of a combination of grassed paddocks, wide spaced Pinus radiata growing both in grassed and non-grassed areas, and protection plantings. The internal rate of return for this scheme has been calculated at 15% excluding land costs, or 12% if the land value {at 1974) is included.
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