A RECENT appraisal undertaken by FAO in connection with the publication of the first yearbook of forest products places world output of wood in 1946 at 1,000 million metric tons and the approximate value of primary forest products at U. S. $14,000 million. By weight, wood production continues to be second only to coal. By value, annual output of the forest equals 20-25 percent of the world’s food production.

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