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clock Created with Sketch. 16/01/18
13:19
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Originally posted by 2018_Change
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Yes a very poor result for 2002 growers due to a combination of low yields and dramatically lower prices. But even in 2002 with rock-bottom prices the growers who chose the deferred fees and gave away a % of their crop in lieu of fees still made a small profit. This illustrates how profitable sandalwood can be where it is marketed properly and high prices are achieved along with improved yields and survival rates. Yields have improved in later plantations by over 500% due to better survival rates and better quality trees as a result of improved forestry practices.
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I don't know how you get the calculation that TFS 2002 growers who deferred fees actually made a "small profit". My calculations are a loss!
