"Premerchantable" timber is not yet merchantable-in most cases this means the trees are too small to be sold for pulpwood or other commercial products. Sometimes referred to as ''precommercial" or ''immature," timber stands with average tree diameters less than five inches occupy over 50 million acres in the South-an area roughly the size of North and South Carolina combined .
Bullard, Steven H. and Monaghan, Tom, "What’s the monetary value of your premerchantable timber?" (1999). Faculty Publications. 95.