man with teakThe teak trees are averaging a 4 inch incrase per year in circumference. The average circumference of the teak trees in 2003 was 23 inches. The average is taken by measuring up 4 feet from the ground level.

The teak trees have a radius of 3.7 inches and a diameter of 7.4 inches in 2004.

A teak tree with an 11 inch diameter or 36 inch circumference can be quarter cut to produce the following board feet:
    4 - 1" x 5" x 120" = 2400 square inches
    4 - 1" x 4" x 120" = 1920 square inches
    4 - 1" x 3" x 120" = 2800 square inches
     TOTAL = 7120 square inches

 

1 board foot = 144 cubic inches. A teak tree with a 36 inch circumference can produce 49.5 board feet of teak lumber.

We planted 47,000 trees in 1999. In 2002 we thinned 14,000 trees which were peeled of their bark and stored for sale as teak poles at $10.00 each.

We are going to thin another 10,000 teak trees in 2005 which will leave 23,000 trees that will increase in size to be cut for lumber.

San Pedro Ranch should have trees ready to be milled into lumber by 2006. Approximately 8000 teak trees will be milled in 2006, 2009 and 2012.

The approximate predicted diameter of the teak trees will be:
    2006    11.5 inches
    2009    15.3 inches
    2012    19.0 inches

The current wholesale price for teak lumber is $2.50 per board foot. The value of the San Pedro Ranch teak plantation in 2006 will be approximately $4 million based on current teak value.

Craig Waterman
WTB Technology Corp.
245 Industrial Street
Bakersfield, CA 93307
Office: (661) 327-9604
FAX: (661) 327-1740
Email: craigwnc@lightspeed.net