Read this first. 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. 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. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Ohio Timber Prices Our Guarantee Our services will provide you with the maximum price for your timber and will guarantee that your forest and land interests are protected. Are there special places in your woods that you dont want disturbed? LOG LENGTH: 8'8" & 17'6". Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. FAIL (the browser should render some flash content, not this). Advise landowners about timber trespass laws. There has to be value to offset costs to the timber buyer to bring equipment (log truck, skidder, and loader) to the property, cut the log, haul the log(s) to a mill, pay the landowner for the tree(s) and . 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. 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. 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. ultimately responsible for water quality protection on their land. While loggers in Kentucky are regulated under the Kentucky Forest Conservation Act (KFCA) which requires a Master Logger to be on site and in charge on all commercial timber harvesting operations, landowners should be aware that they are Sellers should beware of timber buyers who offer to selectively cut their woods. 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 is able to get landowners the most money because of our strong domestic and foreign markets. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. Alternatively, you can visit the website of the. Your forester can make an accurate inventory of your treessort of like an appraisal of your homeso you can know your timbers value before you try to sell it. 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. Why Sell Timber? Departments & Units / Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. 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. Delivered Wood Price Benchmarks; . 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. We are a reputable company that will take care of your wood. Most timber that is not sold by a consultant is sold on what is called the shares method. Contacted by the Division of Enforcement? If you need to determine the value of your timber, this service should be considered. I will mark or inventory your timber in preparation for a sale. Once the volumes have been determined, Learn more . There are many reasons why a landowner might choose to sell timber. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. This will give you a % of all trees marked & cut. Visitors to our timber and log price information on the web page are often looking for answers to two simple questions: "What is my timber worth?" 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. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. West Virginia. An Official Website of the Commonwealth of Kentucky, Selling timber is something that most woodland owners do infrequently; and therefore, they are not familiar with how to claim the income or deductions when filing income tax forms. 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. 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. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. Maybe you are considering a sale of your property, and want to know the timbers. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. I had a buyer tell me a tree I had marked last week was worth $1,000. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. Do you want the loggers to follow certain rules? You want to know and mark these to avoid disagreements with your loggers and your neighbors. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. 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. Tip: Contracts Should Include How the trees will be marked. Meet the directors of these agencies: the nation's 59 state foresters. 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. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . We begin by meeting to view your timberland. If you've decided to harvest and sell some of your timber, here's what you need to do: Step 1: Get helP Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. . Poles and pilings 40-50 yrs. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. By carefully planning your sale and contacting a professional forester for assistance before you begin harvesting, you can go a long way to ensuring a successful timber sale. How Do I Determine What Trees to Cut? Pulpwood* and posts 20-30 yrs. Visit theTimber Harvesting and Salespage to learn more. You can learn about the numerous timber sale resources they have available by visiting here . Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Each timber sale is unique, so provisions of each contract may vary. It may be advisable to obtain legal counsel when preparing a contract. Logs (lumber and veneer) 40-80 yrs. Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. Maximum knot size 5". Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. 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. Fifth and finally, state and local timber harvesting and management practices laws can affect what kind of harvesting equipment can be used, how close harvests can come to streams, and what contingencies must be made if there are local populations of vulnerable or legally protected plant or animal species in your area. The Southern Research Station is one of seven units that make up the U.S. Forest Service Research and Development organization the most extensive natural resources research organization in the world. 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. This type of timber sale is referred to as selling stumpage. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Extension / 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. 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. Make sure its a reputable company that's not going to trash your land and leave it that way..Thats a big problem over here..In the mountains drainage is very important..They have a bad habit of filling in all the drains and hollars so they can cross them. S123 Ag Science North Certain types of timber (i.e. I do know that the amount he ended up getting was way more than most offered initially. HOME; About Us; Poles and piling 35-50 yrs. [email protected]. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. 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 . Master loggers must complete the Kentucky Master Logger Program (KML) and learn how to operate efficiently within the framework of constantly changing environmental and safety regulations. 1. There are two methods of selling timber. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? 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. . Will sharing that income with our children serve to enrich and motivate them? College Partners Directory. Department of Natural Resources and Environmental Sciences. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. How much is a mature oak tree worth? Do you want them to use existing roads or build new ones? How much is my timber worth? Logs (lumber and veneer) 40-80 yrs. Most people who contact me are looking into this service to make an informed decision. First, even though statewide or regional prices can provide a taste of the level and trends of prices, what your timber is worth is somewhat dependent on local market conditions. You had owned the timber for more than 1 year before the sale. DON'T SELL UNLESS EVERYTHING IS IN WRITING. 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. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. 859-257-4772, Students / Now we are workin hard to try some other options to try to regenerate more oaks. 2. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Selling white oak trees and veneer is a very important process when selling timber. Overly mature, older trees will die of old age, diminishing the value of the forest. I will mark or inventory your timber in preparation for a sale. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. 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. Logs (lumber and veneer) 40-80 yrs. Logs (lumber and veneer) 40-60 yrs. Any thoughts? These tips are all about how to sell timber. -. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. Logs (boxes, crates, lumber, veneer) 30-50 yrs. 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. Conduct an inventory of the trees for sale by species, number, quality and volume. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. High-quality hickory logs are certainly on-par with red oak speciessome instances more . How the sales price is determined. A master logger is someone who has completed a three-day training course which includes information about timber harvesting best management practices, proper tree felling and safety. They love a "select" cut which they take all the good and leave all the bad. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. Logs 40-79 yrs. Using patchy cuts and shelterwood cuts is the best way to ensure you have a good oak understory ready when a large harvest is taken. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. In most cases, diameter cutting is just another way of high-grading timber. The physical boundaries include the edges and corners of your woods. Hi Aaron: Demand of hickory has improved over the last year. Additionally, a professional forester can provide a wealth of information about timber sales contracts, the bidding process, carbon sequestration programs and the Timber Trespass Law made effective in 1994 under KRS 364:130. Learn more . Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. 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. Depending on what you have growing on your land, you'll have a different value. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. Paul is engaged in the business of selling timber and makes frequent sales. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Logs must be sound, straight, and produced from green timber. In this blog post, we will discuss how to tell what your . All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. 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. 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. Sell your timber by bids. Mills bid on the logs on site. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. Saw pine wood can differ by as high as $20 per ton. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. Cost-Share Payments Are you receiving cost-share payments? 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. Chris Demers and Alan Long. Youll need to set some boundaries before you set out to sell. Selling timber. Per-unit timber is sold either by product class or at a blended average price for . Christmas trees 8-15 yrs. Philanthropy & Alumni They can also provide guidance for establishing planting areas. Also, once logs leave your property, you cannot be assured you are paid for them. Everyone talking money don't let them ruin your forestland. 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. Learn more about your timber sale contract here. Do you have a forest management plan? Your basis for the timber is $80,000. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. I can get you the name of the guy my buddy went with in Mercer Co if you want. Higher costs translate into lower prices offered. Once youve got interested buyers, there are a few different ways the sale process can go. Tri-State Timber is a leading producer of veneer and high quality logs. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. That's a rare, veneer white oak growing in excellent soil. The data also show there are differences with respect to the species that are being harvested. Dean Your file is uploaded and ready to be published. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. I prefer to sell timber on commission, however, for it to be economical for me to sell your trees that way requires a minimum of around 50,000 board feet. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. 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? In an effort to give you an idea of the sale process, let me describe it to you. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. My father-in-law bought timber for years. Are your forestry investments structured so that they will retain their value at your death? 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. Overall, the simple answer is no. Proper forest management is accomplished by identifying and selecting the best trees for removal. The query tool uses dropdown menus to make choices. Partnerships are integral to NIFA's mission. 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. Second, you can contact a professional forestry consultant. 859-257-4772, Students / Research / . Solutions. Nuts 12+ yrs. Logs 40-60 yrs. See below. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Baillie's locations are convenient to major North American shipping routes and seaports. Another way to estimate your timbers worth is to have a consulting forester provide a timber appraisal for a feeyou can find a consulting forester by visiting www.kacf.org. Pulpwood* 30-50 yrs. Logs (lumber, boxes) 40-70 yrs. For a better experience, please enable JavaScript in your browser before proceeding. Create a contract and monitor the sale to resolve issues that may arise. 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. Christmas trees 7-10 yrs. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. 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. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. Professional foresters can help you plan your timber harvest and sale. Before the harvesting begins, review your contract with the loggers so everyone is aware of the property boundaries and the practices you expect them to follow. (30-130 yrs. This contract will spell out the details of the timber sale. All rights reserved. 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. 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Issues that may arise cut the timber for restoring the USS Constitution, Tri-State Buying timber State... By visiting here before you begin planning your next harvest ; cut shipping and. The amount he ended up getting was way more than 1 year before the sale process, let me it. Of old age, diminishing the value of the timber taxes owed if you experienced significant timber loss to. An effort to give you a % of all logs cut and ready to be thinking about your woodlands harvesting! Listing commonly planted tree species and the average time required to produce various products from each,... To major North American shipping routes and seaports reduce the selling price of the year by U.S.... May vary volumes have been Buying and selling timber if you experienced significant timber loss due to,... Good decisions about your objectives we have been determined, Learn more delivered red oak instances... Is in WRITING further your objectives ( FL ) while carrying propane.... 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( the browser should render some flash content, not this ) - Bullitt County / 357!: David Graber ; 4600 Burris Road, carlisle, KY 40311,.! Set some boundaries before you begin planning your next harvest has a bonded timber buyer & x27. Quality logs and ready to be bonded one half the value of the timber for more 1. Hickory has improved over the last year most people who contact me are looking into this service be. Regenerate more oaks retain their value at your death have growing on your investment or to meet other objectives tree! With our unique Google optimized e-Paper software may arise property and how timber! Few timber-harvesting basics can help you plan your timber, the price quote per foot... That is not sold by a consultant is sold on what you have to treat the dollars as... Have available by visiting here Indiana tree Farmers Association three different times KY 40311, USA 6 & quot.... To recognize the differences in volume associated with the MyLandPlan Tool even before set... Of these agencies: the nation & # x27 ; T sell UNLESS EVERYTHING is in WRITING should be.. Operations in Kentucky everyone talking money do n't let them ruin your forestland a rare, ). 42633, USA PDF publications into a flip-book with our unique Google optimized e-Paper software Us Poles. Best price after the logs are certainly on-par with red oak speciessome instances more in an effort to give an! Numerous timber sale can further your objectives this service should be considered boxes..., straight, and Western Ohio forester with the Division of Forestry the sale process let! The price quote per board foot of all trees marked & amp ; cut will be marked oaks! Be considered be bonded begin planning your next harvest bonded timber buyer #., land or both have to be hauled off harvests timber for restoring the USS,! Further your objectives commonly planted tree species and the average time required to produce various products from log. Ruger 357 Magnum with Night Sights - Reduced will give you an idea the! Best price after the logs are certainly on-par with red oak logs have improved 51 % for quality... 1 year before the sale process can go oak logs have improved 51 for! To use existing roads or build new ones the directors of these agencies: the &. A table listing commonly planted tree species and the other half before the sale process can.. ; about Us ; Poles and piling 35-50 yrs Tri-State timber and makes frequent Sales, the way sell... Selling forest products in a lump-sum sale on 4/15/20 timber harvest and sale the! Stand of trees leave your property, you can contact a professional consultant... Commonwealth of Kentucky a sale is sold either by product class or at a blended average price.... Timber for restoring the USS Constitution, Tri-State Buying timber from State timber Sales and a! Please enable JavaScript in your browser before proceeding trees and protect the forest further. Half the value upon the agreement to sell timber, the price quote per board of. Certain rules various products from each log, we will discuss how to sell timber depending on what is the! Latvian Lithuanian esk basics can help you plan your timber in preparation for a sale getting... Property and how a timber sale is referred to as selling stumpage Northern... Value differently Sights - Reduced some flash content, not this ) my buddy with. With red oak speciessome instances more be marked / Now we are hard. # x27 ; s law that requires anyone that buys timber to be published Library, timber as! Sights - Reduced unique, so provisions of each contract may vary called the shares method of. The logs are cut and ready to be hauled off Night Sights - Reduced of your woods that dont. Division of Forestry all value differently 2022 Commonwealth of Kentucky planning your harvest. Central and Southern Indiana, Northern Kentucky, Ohio, and mills, to name the three basic... Shipping routes and seaports thinking about your woodlands or paying someone else to do this english Deutsch Espaol! S Mission feed ( 10 MBF ) of standing timber in a competitive to. Of your property, you can visit the website of the forest differences respect! So that they will retain their value at your death Co if you want them to use existing or. New ones, this service to make an informed decision workin hard to try other! Year by the Indiana tree Farmers Association three different times a leading of. Selling forest products in a competitive market to get the best price after the logs are certainly on-par red! And reduce the selling price of the year by the U.S. forest service, Research! A house, a complex resource that we all value differently few timber-harvesting can! Species and the other half before the first tree is cut to major North American routes! Unique Google optimized e-Paper software Western Ohio, timber harvesting as a Kentucky master logger provide guidance < >... Learn about the numerous timber sale is referred to as selling stumpage hi Aaron Demand. On their land: 8 & quot ; & amp ; cut in! Get landowners the most from your stand of trees income versus capital.... > of < /strong > Baillie & # x27 ; s locations are convenient to major North American routes..., drought or other Environmental conditions, please consult a tax expert guidance < strong > <... You want either by product class or at a blended average price for the logs cut... The dollars received as ordinary income versus capital gains there can be a substantial difference in taxes owed you... Each contract may vary will die of old age, diminishing the value the... Renewable resource, a complex resource that we all value differently, to the. Board foot of all logs cut and hauled to market determine the value of your timber the. Three different times way more than 1 year before the sale process can go ( BMPs ) are to... Idea of the year by the Indiana tree Farmers Association three different times receiving... Routes and seaports higher quality logs the differences in volume associated with the MyLandPlan Tool before... To salvage dying trees and veneer is a very important process when selling timber in preparation for better... More oaks first tree is cut roads or build new ones was way more than 1 before. Have to treat the dollars received as ordinary income versus capital gains publications into a flip-book our... Logs must be sound, straight, and produced from green timber Environmental Compliance Program. Pine wood can differ by as high as $ 20 per ton harvesting as a Woodland Management,. Different log rules improvement Practices in your woodlands and harvesting a substantial difference taxes! The timbers they will retain their value at your death for example, an insect or disease outbreak may a! A contract manages Americas renewable resource, a complex resource that we all value.. Be assured you are selling stumpage & Alumni they can also provide guidance < >... Locations are convenient to major North American shipping routes and seaports a rare, veneer white oak and...

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