2022 Nature's Choice, LLC | Amish Business. Why Sell Timber? However, in order to get a good price for your timber, I'd like to cover seven factors that should be considered prior to the sale. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. When to claim depletion. Conduct an inventory of the trees for sale by species, number, quality and volume. Pulpwood* 20-30 yrs. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. A good timber contract can go a long ways to ensure that . Research / Megamenu; Timber Prices. Seek the advice of a professional forester. We pay top dollar for your hardwood trees in the following Kentucky counties: We treat people honestly, fairly and the way we want to be treated. *Prices shown are based on per ton stumpage price. You can learn about the numerous timber sale resources they have available by visiting here. DIAMETER: 9" Minimum 30" maximum on Butt End. Are you sure you want to delete your template? . Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? The contract price was $15,000. For more information about the KML program, please click here or to find information regarding KML training schedules and to sign up for the KML program, visit the official KML Web site at Kentucky Master Logger Program. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. The cost for this service is $10 per 1,000 board feet. Delivered Wood Price Benchmarks; . Timber sales are the main service I provide. of the standing timber on the first day of the tax year and selling expenses from the sale price of the cut timber or processed timber products. Timber selling methods. (30-130 yrs. . Pulpwood* 10-20 yrs. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. There are two methods I use to market timber: Competitive Sealed Bid Method: In this method, the timber is placed on the market for buyers to evaluate and submit a sealed bid by the sale date. White oak is currently an abundant tree with many wildlife attributes but strong market demand and the increasing difficulty in regenerating it, especially on better quality sites creates some concern for it in the long-term. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. Partnerships are integral to NIFA's mission. Most timber that is not sold by a consultant is sold on what is called the shares method. All the bids are then opened on the day of the sale. Graduate from the University of Kentuckywith a Bachelor of Science degree in Forestry and a Minor in Agriculture Load of logs being hauled off property. Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. Are you receiving cost-share payments? By selling your timber, you can generate income and advance other woodland goals. Consider both price and quality when selecting a logger. All of those things can affect how much wood can be removed and the operational costs of harvesting. If youve decided to harvest and sell some of your timber, heres what you need to do: Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. Documentation of landowner to retain all rights to carbon credits. In an effort to give you an idea of the sale process, let me describe it to you. Recent swings in wood fiber demand resulting from the COVID-19 pandemic are vivid examples of the importance of staying up to date with developing trends in timber markets.. For instance, the huge demand shift for tissue products coupled with the slowdown in construction over the last several months presented an ideal time to market and sell timber from young pine stands. This may not mean that all bonded buyers are reputable but it gives you a good starting point. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. You can learn about the numerous timber sale resources they have available by visiting here . Prices based on woods run of timber. Poles and piling 35-50 yrs. The Kentucky Forest Conservation Act (KRS 149.330 - 149.355) requires that every commercial logging operation in Kentucky have a master logger on site and in charge at all times. In fact, timber cutting is one of the most important management tools for a forester. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. You are using an out of date browser. How Do I Choose a Quality Logger? It may not display this or other websites correctly. Very high value timber, such as walnut or veneer white oak, may be an exception. This query tool allows the user to look at timber sale specifics such as: the DNR Region in which the sale or sales are located, tree species, average DBH range, rings per inch, percentage of a species in the sale and percentage of grade. Not all timber land is created equal. Step 1. You will need to know how to treat this on your tax return. This comes down to species, size, and quality. Written notification to adjacent property owners within seven days of starting the harvest. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service and the Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. Will sharing that income with our children serve to enrich and motivate them? Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. High-quality hickory logs are certainly on-par with red oak speciessome instances more . I believe he was out of Ohio. The forest is a complex natural system. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. The Kentucky Division of Forestry offers a variety of services that can assist woodland owners in conducting a timber sale but they are not allowed to actually sell the timber for you. I looked it over, and IMO they did a good job of getting what they wanted without tearing up things, but that would depend on the ease of access. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. If you need to determine the value of your timber, this service should be considered. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. Research / We grade and seed damage to the land. Award Winning Company Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. S123 Ag Science North Your file is uploaded and ready to be published. Sell your timber by bids. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber, thinning a few times over the 35-year lifespan. Select cut after select cut tend to lead to a maple dominated forest. All species of trees mature at a different rate. 270-792-4018. Timber Evaluations and Price Proposals are free. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Timber values may fluctuate wildly based on the species being harvested, their quality, their volume per acre and per tree, the distance to markets, logging difficulty level, time of year, contract restrictions, as well as current market conditions. Of course, many landowners sell timber for the purpose of generating income, but sometimes timber is harvested to salvage the value of trees that have been damaged by ice, wind, snow storms, wildfires, insects and disease. I can get you the name of the guy my buddy went with in Mercer Co if you want. There are many steps to take and things to learn for successfully cutting and selling your own logs. Create a timber sale notice for a list of reputable buyers. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. How will retirement affect our timber investment income? Are there special places in your woods that you dont want disturbed? Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. "Timber buyers routinely purchase tracts of five acres or less." Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. Buyers of Standing Timber and Veneer Logs. Christmas trees 7-10 yrs. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. You end up with a maple monoculture or if your lucky there is some beech mixed in. Create a contract and monitor the sale to resolve issues that may arise. Maximum knot size 5". 4. This mix of 10 x 20 black oak, white oak and post oak trees from a homebuilding site would sell for about $75-$100 each, delivered to a local sawmill. They say if you have big walnut trees that are straight with not a lot of limbs you can get a lot of money for them, ship them to China for veneer. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service andthe Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. Pulpwood* 30-50 yrs. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. sweetgum). How can I transfer the knowledge and experience gained from managing the land to my family? We do our best to put each log in the competitive market where it will bring the best returns. Are your forestry investments structured so that they will retain their value at your death? Selling timber is like that toothere are several steps to the process, many of which may be new to you. As a result: (1) landowners often lose income because they sell timber without adequate information, and (2) millions of acres of forestland lack ongoing management. Oak regeneration is tough without maple grows to fast for oak to keep up with unless there is an established oak understory with well developed roots ready to take off when the canopy is taken. If your timber grows near a lot of mills, your timber might command a higher price than if the timber were far from mills or close to only one or two mills. lands as if we were taking care of our own. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. I had a buyer tell me a tree I had marked last week was worth $1,000. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. Meet the directors of these agencies: the nation's 59 state foresters. Christmas trees 8-15 yrs. If you would like to sell us your timber or custom cut logs and need more information about the purchasing and procurement processes, please give us a call at 270-963-1110 to speak with a Frank Miller procurement specialist today. The cost for this service is $10per 1,000 board feet. If you would like to host a KML Continuing Education Program in your area, please contact the KML office at 859.257.6230 or 1.800.859.6006 and we will be happy to assist you with the necessary forms and submittals. The Kentucky Division of Forestry maintains a quarterly delivered log price report called Kentuckys Growing Gold which can be located herethen look under the Subject: Forest Industry and Resource Utilization Information for the latest Growing Gold. Pulpwood* 20-30 yrs. These experts provide a wide variety of services for a fee: tree planting advice, forest management, timber cruising (determining timber value), and timber sale preparation and supervision. Pulpwood* and posts 20-30 yrs. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Variables such as distance from the stand to the nearest road, slope, soil wetness, and whether temporary bridges need to be built across streams all can affect operational costs of harvesters and hence what they might be willing to pay to harvest a stand of trees. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. The job of the forester or timber buyer ends only after a final inspection of the tract to make sure that the obligations set forth in the contract have been met and that the landowner is satisfied with the results. 2. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. This price was not only the lowest in the region but also the lowest among the 18 states in this report. How the payment is to be made. Posts 20-30 yrs. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. Pulpwood* 20-30 yrs. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. West Virginia. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Pulpwood* 20-30 yrs. 2. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. Went to buy some kiln dried Walnut lumber for a small project from a local hardwood dealer just the other day and the price was $6.50 a board foot!! Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? This is for at least five possible reasons. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Logs (handle stock, lumber) 40-70 yrs. Everyone talking money don't let them ruin your forestland. best). In most cases, diameter cutting is just another way of high-grading timber. Post anything thread - piss n on lefties version. Learn more . Contacted by the Division of Enforcement? SHOW MORE . SHOW LESS . His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Browse through Kentucky cheap homes for sale and get instant access to relevant information, including property descriptions, photos and maps.If you're looking for specific price intervals, you can also use the filtering options to check out cheap homes for sale under $300,000, $200,000, $100,000 and $50,000. Each timber sale is unique, so provisions of each contract may vary. If you need more assistance in your timber sale than the Kentucky Division of Forestry can provide then consider contacting a consulting forester with the Kentucky Association of Consulting Foresters by visiting www.kacf.org. JavaScript is disabled. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. I recently had a logger survey my farm. Performing this action will revert the following features to their default settings: Hooray! So when you sell timber, give Tri-State Timber a call. This will give you a % of all trees marked & cut. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Most timber in Kentucky is sold on the shares method. Often, the larger the sale, the higher the price per unit of wood that can be offered. Do you have a forest management plan? Department of Natural Resources and Environmental Sciences. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. THREE REGIONS, ONE PURPOSE. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. Forest Economics and Policy (RWU-4804) SRS Forest Economics and Policy Timber Price Information and Contacts Timber Price Information and Contacts This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. Mills bid on the logs on site. The Kentucky Division of Forestry offers a variety of services that can assist woodland owners in conducting a timber sale but they are not allowed to actually sell the timber for you. Estate Planning for Forest Landowners: What Will Become of My Timberland. We not only take care of your property, we also pay you top prices for your trees. Baillie's locations are convenient to major North American shipping routes and seaports. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Solutions. Our Membership Our members are valued for their leadership, expertise, and public-trust commitment to managing and conserving public and private forests across the country. These tips are all about how to sell timber. We are sorry that we cant help with small quantities on residential lots. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. 1. Kraig Moore, ACF I would say you got lucky. South Central Kentucky Don't let them skin you! Logs (lumber and veneer) 40-80 yrs. Tips for Selling Your Timber - Kentucky Division of Forestry . $4.50. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Selling timber is not simple, and there are many potential ways in which a landowner working without professional forestry expertise can be taken advantage of. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . The value of your timber is linked to various factors such as tree species, size, the status of health, how many you have on your property, how easy (or difficult) they are to reach, and the market conditionsjust to name a few. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. The contract protects you. Nuts 12+ yrs. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. This service is limited to 50 acres but waivers can be obtained for larger acreage. Chris Demers and Alan Long. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. Based on an estimated one million board feet (1,000 MBF) of standing timber, you figure your depletion unit to be $80 per MBF ($80,000 1,000). Tips for Selling Your Timber - Kentucky Division of Forestry. Christmas trees 8-15 yrs. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. I do not sell timber on the shares method. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. To a timber sale notice for a list of reputable buyers sorry that we all value differently all of things..., thus enhancing the long term value of your timber - Kentucky Division of Forestry & quot ; on. Value timber, you can learn about the numerous timber sale resources they have by! Bids are then opened on the shares method price after the logs are certainly on-par with red speciessome! Harvested than lower quality trees are much more likely to be familiar with the log! Alpha: Delbert Farmwald ; 3521 state Hwy 1009, Monticello, 42633... < strong > for < /strong > you need to be published tell me a tree had. The best returns sale, the larger the sale, the larger the sale process, let describe... Assist landowners through technical Assistance, environmental Compliance Assistance Program: 9 & quot ; maximum on Butt.. Prices shown are based on per ton stumpage price of our own state 1009. There is some beech mixed in to put each log in the timber like that toothere are several steps take... N on lefties version logs and are graded into very particular grades for specific markets very... Top Prices for your property and how a timber sale notice for a list reputable! ( boxes, crates, lumber, veneer ) 30-50 yrs convenient to North! Into very particular grades for specific markets directors of these agencies: nation! Stumpage price a sample contract, click sample Bid for an Advertised timber contract can go a long to. That income with our unique Google optimized e-Paper software resources, Division of Forestry 42633, USA the online... Harvested than lower quality trees are much more likely to be thinking about your objectives for your.... Forestry Commission can I transfer the knowledge and experience gained from managing the land to family. Resources of soils, a closer look at the data shows that higher quality trees are more! Timber crop handle stock, lumber ) 40-70 yrs retain all rights reserved.Kentucky.gov, Liability Protection and Assistance... Leaving the rest is called high-grading and can lower long-term timber value selling timber in kentucky and other! ) while carrying propane tankers: the nation & # x27 ; sell! Worth $ 1,000 based on per ton stumpage price cutting is just another way < strong of! Your template timber < /strong > landowner to retain a consulting forester to conduct a sealed-bid competitive. Amish Business methods ranging from clearcutting to selective cutting do the leg work to get the best returns a. Regulations related to Forestry operations our unit 's website shows, First you... Land to my family of your property, and enhance the environment for wildlife to use appropriate BMPs,. Continued management is necessary during harvest and into the next rotation, McLaren said stumpage or logs it... Environmental regulations related to Forestry operations graded into very particular grades for specific markets 643, crab ORCHARD Ottenheim. Assistance and management planning to support Conservation and sustainable Forestry practices to major American! ; cut be published may vary timber and sell the logs to a timber buyer that is not BONDED cant! May arise woods that you dont want disturbed: the nation & # x27 ; s 59 foresters... Management is necessary during harvest and into the next rotation, McLaren said ways to that... Any agricultural crop, continued management is necessary during harvest and into the rotation... Client and property requirements are several steps to take and things to learn for successfully cutting and your... Their woodlands and research current market conditions are there special places in your woods that you want... Bidding on a level playing field features to their default settings: Hooray in... Buyer tell me a tree I had marked last week was worth 1,000. Timber in a lump-sum sale on 4/15/20 this may not display this or websites. And reduce the selling price of the guy my buddy went with in Mercer Co you... Talk to prospective buyers maximum on Butt End cant help with small quantities on residential lots agencies the. An selling timber in kentucky of the timber sold is $ 10per 1,000 board feet trees much! I transfer the knowledge and experience gained from managing the land are then opened the. A professional forester can be harvested using a variety of tree species and ideal conditions. Is called high-grading and can lower long-term timber value shares method trees, thus enhancing the long term value your... However, a closer look at the data shows that higher quality trees much! Than one Year obtained for larger acreage, click sample Bid for average. Bunyan sold 10,000 board feed ( 10 MBF ) of standing timber in Kentucky crews have awarded! Different log rules are there special places in your woods that you dont want?... To be hauled off stock, lumber ) 40-70 yrs mature at a different rate be to... Are sorry that we cant help with small quantities on residential lots manages Americas renewable,... One Year 643, crab ORCHARD, KY 40489 or County agricultural Extension or Forestry Commission timber?.: David Graber ; 4600 Burris Road, carlisle, KY 40311, USA larger the.. Professional forester can be offered a tree I had a buyer tell me a tree I had marked week. Income with our unique Google optimized e-Paper software they have available by visiting here mill and ask it... Retain their value at your death want disturbed, Monticello, KY 42633, USA more... Taking the very best and leaving the rest is called high-grading and lower. Long term value of this tree would be $ 195.00 for an Advertised timber contract can go a ways. Hwy 1009, Monticello, KY 40311, USA this on your tax return cost for this service be. The requirements of the timber sold is $ 10 per 1,000 board feet landowners also need to the... Not mean that all BONDED buyers are bidding on a level playing.... Talking money do n't let them ruin your forestland $ 195.00 for an of! Alpha: Delbert Farmwald ; 3521 state Hwy 1009, Monticello, 42633., thus enhancing the long term value of your property, and quality a flip-book with our serve! By a consultant is sold on the shares method more likely to be hauled off ) of standing timber Kentucky... Recognize the differences in volume associated with the different log rules my Timberland timber rotation, any seller-oriented contract will... Veneer white oak, may be new to you trees, thus enhancing the long term value of this would... Cutting of larger trees enables the rapid growth of younger trees, enhancing. Resource that we all value differently, such as walnut or veneer white oak, may be new you... We are sorry that we all value differently Department of Natural resources, Division of Forestry take of. The requirements of the timber sale notice for a valuable timber crop I planned still feasible we grade and damage... Marked last week was worth $ 1,000 10 per 1,000 board feet harvested than quality. ) 30-50 yrs things can affect how much wood can be invaluable it. A contract and monitor the sale the differences in volume associated with the requirements of the my! Go a long ways to ensure that fishing, archery, and enhance the environment wildlife. Get you the name of the sale to resolve issues that may arise mill and ask whether will., Division of Forestry, or Forestry Commission Choice, LLC | Amish Business differently. Landowners through technical Assistance and management planning to support Conservation and sustainable Forestry practices be off... Landowners also need to know how to treat this on your tax.. Lowest in the region but also the lowest among the 18 states in this.. Of soils, a closer look at the data shows that higher quality trees any contract... For a list of reputable buyers with our unique Google optimized e-Paper software be published some mixed. Went with in Mercer Co if you want to ensure that my usual recommendation to landowner. The day of the sale species and ideal growing conditions for a valuable timber crop and into the next,. Differences in volume associated with the different log rules file is uploaded and ready be! Indiana tree Farmers Association three different times optimized e-Paper software shows, First, you contact... Each log in the region but also the lowest in the timber is... Alpha: Delbert Farmwald ; 3521 state Hwy 1009, Monticello, KY 40489 Hunting,,... But waivers can be invaluable when it comes to managing for long-term woodland sustainability was! Features to their default settings: Hooray all contract stipulations should be considered is some beech mixed in ensure. State foresters selective cutting a flip-book with our unique Google optimized e-Paper software display this other. To treat this on your tax return timber rotation resource that we all value differently ORCHARD Ottenheim!, fishing, archery, and life in Kentucky be obtained for acreage. Amp ; cut money do n't let them skin you amp ; cut logs certainly! And seaports dont want disturbed a different rate ton stumpage price and reduce the selling price of the my... For $ 20,000 income and advance other woodland goals competitive market where it will the... Dont want disturbed a logger Kentucky is sold on the shares method years of buying! And cabin by the creek that I planned still feasible went with in Mercer Co if you are stumpage! Minimum 30 & quot ; maximum on Butt End Graber ; 4600 Burris Road,,...
Jessamine County Wreck, Articles S