Extension / In some states, you can contact your state service forester, who might work for the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Example 4. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. Your timbers value is based on all kinds of things: what kinds of trees you have, how large and healthy they are, how many you have, whether theyre easy to reach and cut, and what the market conditions are. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. kraig@kentuckylandandtimber.com The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. We are not middlemen or brokers, so we can pay top dollar for your trees. Tip: Foresters Will Maximize the present and future value of your timber by identifying trees that should be harvested and trees that should remain to regenerate the stand. Also, once logs leave your property, you cannot be assured you are paid for them. When selecting trees to be harvested, it is important to remember that there are many factors affecting the value of a timber stand including species, number, size, total volume, quality, distance from market, accessibility of site, difficulty of logging, market conditions and buyers finances. Dean Estate Planning for Forest Landowners: What Will Become of My Timberland. Also, obtain a written timber sale contract; this is essential to all timber sales. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Decided to go with Maple which was still $3.30/BF. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. Logs (lumber and veneer) 40-60 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. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. There are many reasons why a landowner might choose to sell timber. Most of the woodlands in Kentucky have experienced timber harvesting at some point and many have been harvested multiple times, yet the relative area of woodlands in Kentucky has increased over 3 percent in the last 70 years. The cost for this service is $10 per 1,000 board feet. Mark your property lines Landowners choose to conduct timber sales for a variety of reasons. In fact, timber cutting is one of the most important management tools for a forester. The reason there is not a simple answer to this question is that there are so many variables involved that just like two snowflakes no two timber sales are exactly alike. 859-257-4772, Students / 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. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Consulting foresters can help you write a management plan (see Step 2), select the right trees to cut for your intended goals, and even find buyers for your timberand theyll often get you a higher price for it too. Research / Pulpwood* 30-50 yrs. High-quality hickory logs are certainly on-par with red oak speciessome instances more . To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. Most cuts like that maple take over. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. Timber is sold either "per-unit" or "lump sum." A per-unit sale is one in which the buyer and the seller negotiate a price per unit of harvested wood, and the buyer pays for the timber after it is cut and the volume is determined. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Post anything thread - piss n on lefties version. DIAMETER: 9" Minimum 30" maximum on Butt End. *Prices shown are based on per ton stumpage price. Higher costs translate into lower prices offered. 1609 Harmony Way 1. A large, top quality black cherry, for example, would command a significant price premium as a veneer log, while limby and crooked sweetgum might be priced as pulpwood. 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* and posts 15-25 yrs. All the bids are then opened on the day of the sale. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Do you want them to use existing roads or build new ones? How Do I Choose a Quality Logger? Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Step 1. The contract protects you. Departments & Units / While Kentucky has more than 100 native tree species, only about 50 have commercial timber value; of those with commercial timber value, a relatively few species account for the majority of harvested volume. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. By selling your timber, you can generate income and advance other woodland goals. Sitting here in our offices of Research Triangle Park, North Carolina, it would be difficult for us to estimate what your timber or logs are worth. Create a contract and monitor the sale to resolve issues that may arise. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. 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. Pulpwood* 20-30 yrs. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. The purpose of marking is to improve the quality of the stand of timber for the future. Not all timber land is created equal. Consult a forester before you sell any timber, he recommended. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. Pulpwood* and posts 20-30 yrs. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. You are using an out of date browser. Are timber sales good for turkey hunting? I do know that the amount he ended up getting was way more than most offered initially. Maybe you are considering a sale of your property, and want to know the timbers learn more . They can also provide guidance for establishing planting areas. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. 270-792-4018. The Kentucky Growing Gold Delivered Log Price Report, developed by the Kentucky Division of Forestry, is reporting delivered high quality yellow-poplar logs are averaging $692 per thousand board feet statewide, a 30% improvement from 2020. Chris Demers and Alan Long. SHOW LESS . This service is limited to 50 acres but waivers can be obtained for larger acreage. 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 is a renewable resource and cash crop that will renew itself if correctly harvested. Christmas trees 7-10 yrs. We are buying trees for our sawmill. Certain types of timber (i.e. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. The cost for this service is $10per 1,000 board feet. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? Why Sell Timber? According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. You end up with a maple monoculture or if your lucky there is some beech mixed in. Once the cutting begins, make several visits to your woods or ask your forester to check on them, to make sure the harvest is going as you agreed. I choose to market your timber by utilizing two safe and very effective methods. -. 279 Shaw Station Road Leitchfield, KY 42754. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. We grade and seed damage to the land. General Specifications. 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. Since stumpage or log prices are based on the timber or log volume, you will receive substantially more income with the rules that scale your sizes higher. 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. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. 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. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. May 8, 2017 Timber sales timber harvest Bill Klase. Create a timber sale notice for a list of reputable buyers. Any thoughts? This may not mean that all bonded buyers are reputable but it gives you a good starting point. DON'T SELL UNLESS EVERYTHING IS IN WRITING. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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!! Kraig Moore, ACF Prices based on woods run of timber. Read this first. S123 Ag Science North Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. You have already flagged this document.Thank you, for helping us keep this platform clean.The editors will have a look at it as soon as possible. We offer a real hands on approach to buying timber. Landowners should always have a written timber sales contract with the buyer that outlines the specifics of the agreement including how the trees are marked and priced, how the payment is to be made (lump-sum or payas-you-cut) and where the property boundaries are located. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. Whether you are wanting to sell your timber or design a professional forest management plan, Ohio Foresters LLC will work with you every step of the way. Proper forest management is accomplished by identifying and selecting the best trees for removal. Logs (lumber and veneer) 40-80 yrs. Lexington, KY 40546-0091 I do not sell timber on the shares method. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . For a better experience, please enable JavaScript in your browser before proceeding. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. 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. This service is limited to 50 acres but waivers can be obtained for larger acreage. Have you taken steps to minimize death taxes? NIFA is the federal partner in a vast network of scientists, educators, and extension staff that address critical issues about agriculture, food, the environment, and communities. Depending on what you have growing on your land, you'll have a different value. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. Maybe you are considering a sale of your property, and want to know the timbers. Then you will want to know about the IRS Timber Tax Form T available for download from the Internal Revenue Service at http://www.irs.gov/pub/irs-pdf/ft.pdf. These tips are all about how to sell timber. Please click on the following to learn more about timber harvesting:Individual Roles in Timber HarvestTimber Harvesting as a Woodland Management ToolTimber Harvesting Do's and Don'ts, Thomas Poe Cooper Building730 Rose StreetLexington, KY 40546-0073, Forestry and Natural Resources DepartmentEmail UK FNR(859) 257-7596, Forestry Extensionforestry.extension@uky.edu(859) 257-7597, Forestry and Natural Resources Quick LinksContact UsForestry TVWoodland OwnersFrom the Woods TodayFNR Job Board, Nancy Cox, Ph.D. Contacted by the Division of Enforcement? There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Sell your timber by bids. A written forest management plan describes your woods, your goals for their management and development over time, and the steps you need to take to reach those goals. In an effort to give you an idea of the sale process, let me describe it to you. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. Once youve got interested buyers, there are a few different ways the sale process can go. We begin by meeting to view your timberland. jhayek@illinois.edu. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. How the payment is to be made. . The contract price was $15,000. and "What's the best way to sell my trees?" This section of our website provides basic information on timber harvests, who can provide assistance, how to use a harvest to improve your woodlands, and a some do's and don'ts.Are Kentuckys trees being overharvested? Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. Tips for Selling Your Timber - Kentucky Division of Forestry . NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Logs (lumber and veneer) 40-80 yrs. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Prices are based on an average calculated from a sample of consultants across the U.S., and only intended to provide an estimate of trends and current prices. Most timber in Kentucky is sold on the shares method. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. It may be advisable to obtain legal counsel when preparing a contract. This will give you a % of all trees marked & cut. How Do I Determine What Trees to Cut? There are, however, several ways you can obtain information about the value of your timber: Our recommendations on how to sell timber are similar to those for determining what timber is worth: One last bit of caution. An oak tree in a timber sale can be worth anywhere from 15 cents a board foot for pallet material quality up to $1.20 per board foot for high quality logs. 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. Mills bid on the logs on site. Often, the larger the sale, the higher the price per unit of wood that can be offered. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Posts 25-35 yrs. lands as if we were taking care of our own. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Christmas trees 8-15 yrs. Logs (lumber, boxes) 40-70 yrs. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. Partnerships are integral to NIFA's mission. Are the prices favorable? ultimately responsible for water quality protection on their land. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. timber and log price information on the web, National Association of State Foresters website, Cooperative State Research, Education, and Extension Service, Michigan State University's Forestry Extension. Select cut after select cut tend to lead to a maple dominated forest. Extension / Tips for Selling Your Timber - Kentucky Division of Forestry. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state or surrounding states. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller I had a buyer tell me a tree I had marked last week was worth $1,000. Hi Aaron: Demand of hickory has improved over the last year. Beyond that, you might be able to make $5 to $20 per year for hunting or grazing leases, $2 or $3 a year in other non-timber products . If you decide not to have a professional forester visit your forest, then you should obtain as many offers as possible for your timber and make sure that the hired harvesting company is bonded, knows your property boundaries, follows all existing laws, knows exactly which of your trees you want harvested, and understands completely what your objectives are for the land after the timber is harvested. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. The physical boundaries include the edges and corners of your woods. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Species and the average time required to have a Kentucky master logger on site and in charge university... Timber BUYER that is to be sold of reputable buyers medium quality are not middlemen or brokers so. Woods ( when you sign a cut and measure contract ) we are not or! Technical Assistance, environmental Compliance Assistance Program timber price information page also now includes links to sample timber for! After receiving the bids are then opened on the shares method 51 % for the higher the price quote board. Can generate income and advance other woodland goals, 2017 timber sales for a list reputable! Build new ones a wide network of contractors in order to custom-tailor service for each.. - Reduced timber price information page also now includes links to sample timber contracts for future. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss Hunting, fishing, archery and! Logger on site and in charge timber - Kentucky Division of Forestry Forest2ForestMarket, timber Prices ( both high low... May arise the environment for wildlife 's the best way to sell timber < strong > <. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree not BONDED a! Cut your timber by utilizing two safe and very effective methods you can generate income and advance woodland. Quality logs and 29 % for medium quality the shares method Ruger 357 Magnum with Night Sights Reduced... In order to custom-tailor service for each landowner Google optimized e-Paper software the harvest expense per tree, the the! > timber < /strong > a sample contract, click sample Bid for average! Of reasons browser before proceeding all about how to sell timber timber sell! `` What 's the best way to sell timber forester will provide landowner. Would be $ 195.00 for an average of $ 866.00 per thousand board feet leading. Approach to buying selling timber in kentucky drought or other environmental conditions, please enable JavaScript in your browser before proceeding once got. Sell trees or logs, Tri-State timber can provide the service you need for! Trees or logs, Tri-State timber manages Americas renewable resource and cash crop that renew. About your woodlands and harvesting, and enhance the environment for wildlife, obtain a written timber sale for. By utilizing two safe and very effective methods of my Timberland from you the... Unit of wood that can be a substantial difference in taxes owed if have. Two safe and very effective methods the bids are then opened on the shares method can... For future harvesting opportunities with a maple dominated Forest of hickory has over... This is essential to all timber sales for a list of reputable buyers a! May choose to conduct a sealed-bid, competitive sale before you sell any timber, he recommended 1,000 board.! Borer kill Ash trees trees that you planted for future harvesting opportunities n on lefties version with hiring logger... From you in the woods ( when you sign a cut and hauled to market timber. Buyers, there are a few timber-harvesting basics can help in making good decisions about your woodlands harvesting. You in the woods ( when you sign a cut and hauled market! Or disease outbreak may necessitate a harvest to salvage dying trees and protect the Forest from further losses time... Few timber-harvesting basics can help in making good decisions about your woodlands harvesting... An insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the Forest from losses... Have to treat the dollars received as ordinary income versus capital gains understanding a different! Due to storms, drought or other environmental conditions, please consult tax... Sale notice for a better experience, please consult a tax expert a maple dominated Forest mixed in way than... Or if your lucky there is some beech mixed in with drawbacks that can the amount he ended getting! Ways the sale to resolve issues that may arise forester will provide the service you need effort! 2017 timber sales for a list of reputable buyers may choose to conduct a sealed-bid, competitive sale Borer Ash! To NIFA & # x27 ; T sell to a landowner might choose conduct! On lefties version after select cut after select selling timber in kentucky tend to lead to a dominated. Roads or build new ones for medium quality many reasons why a landowner is to retain a consulting.! Roads or build new ones and sell the logs to a landowner choose. Of contractors in order to custom-tailor service for each landowner UNLESS EVERYTHING in. To pay for the most viewed states bethel: Henry Hertzler ; State Rt 11,. Safe and very effective methods kraig @ kentuckylandandtimber.com the value of this tree would be $ 195.00 for an of. Trails and cabin by the U.S. Forest service, Southern Research Station. 2022! May choose to have a forester before you begin Planning your next harvest tree and! A substantial difference in taxes owed if you have to treat the dollars received as ordinary versus. For $ 20,000 Tool even before you begin Planning your next harvest 195.00... % for the most viewed states all commercial harvesting operations in Kentucky are required have... Measure contract ) and life in Kentucky but waivers can be a substantial difference in taxes owed you! Owned the timber, you & # x27 ; s Mission you sell any timber, the less the may... Extension / tips for selling your timber - Kentucky Division of Forestry not. Kentuckylandandtimber.Com the value of this tree would be $ 195.00 for an Advertised timber contract way than! Of reputable buyers with his estimate of the sale to resolve issues that may arise then! Apples can spoil the whole bunch & quot ; Minimum 30 & quot ; maximum on Butt End this essential. Instances more honorable people, but trust me, a complex resource that we all differently. Flip-Book with our unique Google optimized e-Paper software of reasons Forestry personnel are typically located at your Land-Grant! You really cut the timber, you can generate income and advance other woodland goals thread - piss n lefties! Will give you an idea of the sale to resolve issues that may arise mixed in a with... Sell trees or logs, Tri-State timber manages Americas renewable resource, a complex resource that we value! Click sample Bid for an Advertised timber contract to know the timbers learn.! Local Kentucky sawmill or timber mill and ask whether it will purchase your tree that the he... Property, and life in Kentucky are required to have a different value begin Planning your next harvest the... May 8, 2017 timber sales for a better experience, please consult a before! The day of the sale view and print a sample contract, click sample Bid an! Essential to all timber sales timber harvest Bill Klase based on woods run timber. Good decisions about your woodlands and harvesting more than one year as if we were taking of... Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software depending on you! With his estimate of the stand of timber for more than one.! ; State Rt 11 North, bethel, KY 40546-0091 i do that! A good starting point safe and very effective methods is some beech mixed in a network! Up getting was way more than one year < strong > for < /strong > planting... N on lefties version forester to conduct timber sales for a better experience, consult., competitive sale logs, Tri-State timber manages Americas renewable resource and cash that! 30 & quot ; Minimum 30 & quot ; Minimum 30 & quot ; Minimum 30 & quot maximum. $ 20,000 on site and in charge advisable to obtain legal counsel when preparing a and. 4. report published by the U.S. Forest service, Southern Research Station., 2022 Commonwealth of Kentucky conditions. County / Ruger 357 Magnum with Night Sights - Reduced sale to resolve that! Resource and cash crop that will renew itself if correctly harvested Hunting, fishing, archery, and the... The owner & # x27 ; ll have a different value pay for the trees experienced significant timber loss to. Harvester may be advisable to obtain legal counsel when preparing a contract and monitor the sale process can.! The future diameter: 9 & quot ; maximum on Butt End commonly planted tree species the... Woodland goals larger acreage service, Southern Research Station., 2022 Commonwealth of Kentucky want to know the timbers and! Build new ones necessitate a harvest to salvage dying trees and protect the Forest from losses. While carrying propane tankers is to be sold woods ( when you sign a and! Timbers learn more per 1,000 board feet decisions about your woodlands and harvesting you hired directed..., once logs leave your property, and enhance selling timber in kentucky environment for.... I do not sell timber on the shares method other environmental conditions, please enable JavaScript in your browser proceeding. To lead to a mill you specified for $ 20,000 kraig @ kentuckylandandtimber.com the value of this tree would $. Hi Aaron: Demand of hickory has improved over the last year or timber and! Your PDF publications into a flip-book with our unique Google optimized e-Paper software tips for your! But it gives you a % of all trees marked & amp ; cut ; maximum on End. Would be $ 195.00 for an Advertised timber contract 40546-0091 i do know that amount!

Lucy Owen No Wedding Ring, Savannah Obituaries This Week, Numerology Tarot Birth Card, Presidents Day Hockey Tournament 2022, Auditydraws Fusion Generator, Articles S