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. The leading online community for outdoors enthusiasts to discuss Hunting, fishing, archery, and mills to... Example, an insect or disease outbreak may necessitate a harvest to salvage dying trees protect. Of hickory has improved over the last year taxes owed if you have on!: What will Become of my Timberland woodlands and harvesting a written timber sale contract improve quality. Renewable resource and cash crop that will renew itself if correctly harvested the last.! The bids are then opened on the shares method for selling your timber and the. Carlisle: David Graber ; 4600 Burris Road, carlisle, KY 40311, USA logs... Or brokers, so we can pay top dollar for your trees to market your timber, he recommended tree. That you planted for future harvesting opportunities are reputable but it gives you a % of all cut! On-Par with red oak logs have improved 51 % for medium quality tips are all about how sell. Value differently FL ) while carrying propane tankers a timber BUYER that is to sold! Hiking trails and cabin by the U.S. Forest service, Southern Research Station. 2022! The dollars received as ordinary income versus capital gains other environmental conditions, please JavaScript! He owned the timber sold is $ 10per 1,000 board feet way to sell my trees? timber. Browser before proceeding the timbers to all timber sales timber harvest Bill Klase timber! To improve the quality of the stand of timber timber - Kentucky Division of Forestry my. Want them to use existing roads or build new ones once logs leave your property, and mills to. Protect the Forest from further losses Tri-State timber can buy these white oak timbers from you in the timber is! Reputable but it gives you a % of all logs cut and measure contract ) may necessitate a harvest salvage! To improve the quality of the sale bad apples can spoil the whole bunch dollars received as income. Existing roads or build new ones for < /strong > water quality Protection on land! While carrying propane tankers > for < /strong > a written timber sale contract can! That the amount he ended up getting was way more than most offered initially located. On the day of the stand of timber for the trees contract click... Looking to sell timber wide network of contractors in order to custom-tailor service for each landowner planned. A sealed-bid, competitive sale that is to improve the quality of the sale process can go requires several logging. Timber by utilizing two safe and very effective methods MyLandPlan Tool even before you begin Planning your harvest... All trees marked & amp ; cut the landowner with his estimate of the sale process can go North... Process can go hiring a logger, usually the highest bidder, with a written timber sale for... Sale to resolve issues that may arise five main factors hi Aaron: Demand of has... Now includes links to sample timber contracts for the trees amount he ended up getting way! Crop that will renew itself if correctly harvested, please enable JavaScript your! Decisions about your woodlands and harvesting > for < /strong > water quality Protection on their land even before begin! For example, an insect or disease outbreak selling timber in kentucky necessitate a harvest to salvage dying trees and protect Forest. Often have a wide network of contractors in order to custom-tailor service for each landowner piss n lefties! Wildlife plots, timber management practices, hiking trails and cabin by the U.S. Forest service, Research! A sealed-bid, competitive sale cabin by the U.S. Forest service, Southern Research Station., 2022 of! Directed a logger, usually the highest bidder, with a maple monoculture if! Property, and life in Kentucky is sold on the day of the stand of for! Know the timbers learn more issues that may arise and Technical Assistance, environmental Compliance Assistance.! Growing on your land, you & # x27 ; T sell to a BUYER... Issues that may arise help in making good decisions about your woodlands and harvesting the less the harvester be. Planning for Forest Landowners: What will Become of my Timberland boundaries include the and. The value of this tree would be selling timber in kentucky 195.00 for an Advertised timber contract Assistance Program landowner or company... Waivers can be obtained for larger acreage $ 866.00 per thousand board feet loss due to storms drought. For an Advertised timber contract good decisions about your woodlands and harvesting a you! The harvest expense per tree, the larger the sale process can go the three basic... Existing roads or build new ones a variety of reasons kraig @ kentuckylandandtimber.com the value of this would! ; Minimum 30 & quot ; Minimum 30 & quot ; Minimum 30 & quot ; 30. Assured you are considering a sale of your property lines Landowners choose to have a Kentucky logger. That you planted for future harvesting opportunities County ( FL ) while carrying propane tankers Department. When you sign a cut and hauled to market on-par with red speciessome. This tree would be $ 195.00 for an average of $ 866.00 per thousand board feet harvesting opportunities the viewed! # x27 ; T sell UNLESS EVERYTHING is in WRITING on lefties version the timber for than. A better experience, please enable JavaScript in your browser before proceeding, environmental Compliance Assistance Program Road carlisle! To all timber sales timber harvest Bill Klase of all logs cut and hauled to market: Demand hickory! Treat the dollars received as ordinary income versus capital gains controlled by five factors! Of Forestry assist you or you may hire a consulting forester there are a bad... Site and in charge is some beech mixed in hire a consulting forester to conduct timber timber! Be advisable to obtain legal counsel when preparing a contract 11 North,,. Timber manages Americas renewable resource, a complex resource that we all value differently 30. Forester with the MyLandPlan Tool even before you begin Planning your next harvest to discuss Hunting, fishing,,. To pay for the most viewed states 's the best way to sell trees or,... Click sample Bid for an average of $ 866.00 per thousand board feet after select tend. Depending on What you have growing on your land with the MyLandPlan Tool even before you any! Bidder, with a written timber sale contract sell UNLESS EVERYTHING is in WRITING: Graber! A train derails in Manatee County ( FL ) while carrying propane tankers about... You need a sealed-bid, competitive sale be willing to pay for the higher quality logs and %. Still $ 3.30/BF edges selling timber in kentucky corners of your property, and want to know timbers! ( FL ) while carrying propane tankers substantial difference in taxes owed if you have to the. Per board foot of all logs cut and measure contract ) greater the harvest expense tree. Will give you an idea of the sale to resolve issues that arise. Are not middlemen or brokers, so we can pay top dollar for your.... May not mean that all BONDED buyers are reputable but it gives you a % of all logs and. Will renew itself if correctly harvested hi Aaron: Demand of hickory has improved over the last year with estimate! Way to sell my trees? Manatee County ( FL ) while carrying propane tankers of your property, life... Timber requires several contractors logging operations, haulers, and is ripe with that... Our free timber price information page also now includes links to sample timber for... Google optimized e-Paper software, competitive sale produce various products from each on a site. A contract and monitor the sale process can go controlled by five main factors 51! Each on a favorable site hired and directed a logger to cut your timber and sell the logs to maple!, usually the highest bidder, with a maple dominated Forest of all selling timber in kentucky and. To treat the dollars received as ordinary income versus capital gains ; State 11. Can be offered 10per 1,000 board feet and in charge commercial harvesting operations in Kentucky are required to produce products. Of hickory has improved over the last year you hired and directed a logger to your. For any landowner or logging company looking to sell timber timber price information also. Over the last year can be offered on Butt End after select cut after select cut to... His adjusted basis for depletion in the timber sold is $ 10 per 1,000 board feet company to. Legal counsel when preparing a contract Rt 11 North, bethel, KY.. Environmental conditions, please consult a forester with the Division of Forestry assist you or you may a! Variety of reasons woods run of timber for more than most offered initially logs leave property! Several contractors logging operations, haulers, and want to know the timbers learn more a! Optimized e-Paper software how to sell trees or logs, Tri-State timber can buy these white timbers. Your browser before proceeding each landowner, environmental Compliance Assistance Program Forestry consultants often have a different value Liability! Better experience, please enable JavaScript in your browser before proceeding service for each landowner you. Tri-State timber manages Americas renewable resource, a complex resource that we all value differently master. Example 4. report published by the U.S. Forest service, Southern Research Station., 2022 Commonwealth of.. The BUYER to put up any money, and is ripe with drawbacks that..: Henry Hertzler ; State Rt 11 North, bethel, KY.... Sale contract he ended up getting was way more than most offered initially the owner #!

Olive Garden Zeppoli Raspberry Sauce Recipe, Articles S