Logs (lumber and veneer) 40-60 yrs. sweetgum). Figure out what restrictions you need to protect the health of your woods before you proceed. Each timber sale is unique, so provisions of each contract may vary. 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. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. The contract protects you. The complaint accuses Old World Timber LLC of selling or offering to sell counterfeit 3M 1860 and 1860S N95 surgical masks that were stored in its warehouse. 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. . Division of Forestry employees are not experts when it comes to timber tax issues. The cost for this service is $10 per 1,000 board feet. Program Planning and Administration Branch, Quality Assurance and Standard Operating Procedures, Purchase of Agricultural Conservation Easements, Develop Your Agriculture Water Quality Plan, Forest Stewardship Program and Landowner Services, Mine Permits and Mine Reclamation and Enforcement Regulations and Statutes, Abandoned Mine Lands Regulations and Statutes, Kentucky Mine Safety Review Commission Regulations and Statutes, Kentucky's Energy Statutes and Regulations, Find Information on Distributed Energy Resources, Environmental Education, Research, and Recreation, Apple Valley Glades State Nature Preserve, Blue Licks Battlefield State Park and Nature Preserve, Boone Cliffs and Dinsmore Woods State Nature Preserves, Cumberland Falls State Park and Nature Preserve, Eastview and Springhouse Barrens State Nature Preserves, Frances Johnson Palk State Nature Preserve, Younger's Creek/Jim Scudder State Nature Preserve, Kingdom Come State Park and State Nature Preserve, Lower Howard's Creek Nature & Heritage Preserve, Natural Bridge State Park and Nature Preserve, Obion Creek and Murphy's Pond State Nature Preserve, Pine Mountain State Park State Nature Preserve, Raymond Athey Barrens State Nature Preserve, Stone Mountain Wildlife Management Area and State Natural Area, Thompson Creek Glade State Nature Preserve, Kentucky River Palisades/Tom Dorman State Nature Preserve, Hall Hill/Vernon-Douglas State Nature Preserve, Breckinridge County Wildlife Education Park, Fort Donelson National Battlefield (Fort Heiman Unit), Kentucky Ridge State Forest and Wildlife Management Area, Perryville Battlefield State Historic Site, Knobs State Forest and Wildlife Management Area, Carter Caves State Park and Nature Preserves, John James Audubon State Park and Nature Preserve, KSU Environmental Education and Research Center, William Whitley House State Historic Site. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. How much is a mature oak tree worth? Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? Do you want them to use existing roads or build new ones? 1296. You also need adequate time to manage for the trees that will later occupy the site ensuring that the future forest that will take the place of the harvested timber is of the right species mix, size, and vigor so that it is as productive and healthy as possible. 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. Logs 40-60 yrs. Lexington, KY 40546-0091 Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. We offer the lowest consulting fees without compromising the quality of our timber sales services. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. We grade and seed damage to the land. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. We begin by meeting to view your timberland. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . Why Sell Timber? We begin by meeting to view your timberland. 270-259-3104. 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. Saw pine wood can differ by as high as $20 per ton. Baillie's locations are convenient to major North American shipping routes and seaports. "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. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. The land prices in Indiana and Ohio though are not unfairly gauged, though. We not only take care of your property, we also pay you top prices for your trees. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. 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. Your goal will affect which trees you will want to cut. We are not middlemen or brokers, so we can pay top dollar for your trees. 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 . Use a reliable logging firm. Diffantly get more that one person to look at it. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. I do know that the amount he ended up getting was way more than most offered initially. Do you have a forest management plan? Logs 40-79 yrs. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Pulpwood* 30-50 yrs. 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. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. Most timber in Kentucky is sold on the shares method. 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. Marketing timber is difficult when your knowledge of the resource is limited. Proper forest management is accomplished by identifying and selecting the best trees for removal. Learn more . All species of trees mature at a different rate. Cutting and Selling Your Own Logs. lands as if we were taking care of our own. and "What's the best way to sell my trees?" Solutions. 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. best). Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. Pulpwood* and posts 15-25 yrs. College Partners Directory. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. The price per BF was different from tree to tree I believe, and they left a lot of the younger walnuts and told him that he could log them in 15 years or so. Have you and a neighbor traded some woodlands for better management opportunities? Also, obtain a written timber sale contract; this is essential to all timber sales. Timber sales are the main service I provide. May 8, 2017 Timber sales timber harvest Bill Klase. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. 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. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Pulpwood* 15-25 yrs. How to Host a Continuing Education Program. 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. Philanthropy & Alumni 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. We are a reputable company that will take care of your woodlands as if we were taking care of our own. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Land owners have zero risk that someone will take their trees and not pay. This is because I want my clients to have certainty. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Likewise, larger trees will be worth more than smaller trees. It may not display this or other websites correctly. 2022 Nature's Choice, LLC | Amish Business. Call 317-445-2651 . black cherry) are worth more than others (i.e. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Consult a forester before you sell any timber, he recommended. 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. 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. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. ultimately responsible for water quality protection on their land. Research / Chris Demers and Alan Long. Poles and piling 35-50 yrs. S123 Ag Science North 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. Documentation of landowner to retain all rights to carbon credits. $0.00. Logs (lumber and veneer) 40-80 yrs. Nuts 20+ yrs. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. 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. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. 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. Are you receiving cost-share payments? It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. 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. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. 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. Meet the directors of these agencies: the nation's 59 state foresters. Landowners who cut timber on their own land for non-industrial purposes are not required to have a master logger certificate; however, landowners are responsible for implementing best management practices (BMPs) for the purpose of protecting watersheds as required under the Agriculture Water Quality Act. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. Additionally, we . This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. You are using an out of date browser. Select cut after select cut tend to lead to a maple dominated forest. 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. Of the 821 million board feet harvested in 2015, more than 50 percent of the volume came fromoaks with white oak accounting for 16 percent of the total volume har-vested in Kentucky. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Tri-State Timber is a leading producer of veneer and high quality logs. You will need to know how to treat this on your tax return. The service provided by the division is to assist you with implementation of your forest stewardship plan. How Can a Forester Help? Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Dean 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. Very high value timber, such as walnut or veneer white oak, may be an exception. Logs 40-60 yrs. 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. -. 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 you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). 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. 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. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. We make selling timber easy. I choose to market your timber by utilizing two safe and very effective methods. DON'T SELL UNLESS EVERYTHING IS IN WRITING. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. Log the timber by team or machinery & saw the logs into lumber or railroad ties. All timber markings performed by division foresters are based on sound forest management principals. 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. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Fourth, what a timber buyer will pay for your trees depends on the conditions of the site in which they are growing, which affects how expensive it is to remove them and haul them to a mill. I recently had a logger survey my farm. There are two methods of selling timber. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. Any thoughts? tweet share email. The data also show there are differences with respect to the species that are being harvested. Delivered Wood Price Benchmarks; . If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. 1. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Advise landowners about timber trespass laws. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Price per acre of hunting land in Kentucky averages $1,600. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. Logs (lumber and veneer) 40-80 yrs. Philanthropy & Alumni The division will evaluate your timber and identify (marking) which trees should be removed and which should remain for the overall health of your forest. Logs 40-80 yrs. $0.00. Pulpwood* 20-30 yrs. 1. How Do I Choose a Quality Logger? Logs (lumber and veneer) 40-80 yrs. Example 4. S123 Ag Science North Overly mature, older trees will die of old age, diminishing the value of the forest. Visit theTimber Harvesting and Salespage to learn more. 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. 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. Christmas trees 8-15 yrs. How the sales price is determined. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. 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. Posts 25-35 yrs. An Official Website of the Commonwealth of Kentucky. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Partnerships are integral to NIFA's mission. I would say you got lucky. Logs (lumber and veneer) 40-60 yrs. Most cuts like that maple take over. If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? $4.50. Have you taken steps to minimize death taxes? Tips for Selling Your Timber - Kentucky Division of Forestry . 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. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Are there special places in your woods that you dont want disturbed? We are not middlemen or brokers, so we can pay top dollar for your trees. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Decided to go with Maple which was still $3.30/BF. Cruse Hardwoods buy and sell standing timber, and offer a logging company, tree sales, forest management, and land sales in Indiana, Ohio, Kentucky, Illinois, and Missourri. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. Flooring and cabinet manufacturing is likely the reason for this steady demand. Fundamentally, steps 1 through 8 are all about being prepared and informed. 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. Poles and pilings 40-50 yrs. Are your forestry investments structured so that they will retain their value at your death? In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. 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. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. No high grading. Now we are workin hard to try some other options to try to regenerate more oaks. Extension Specialist, Forestry. What Is My Timber Worth, and How Do I Sell It? Conduct an inventory of the trees for sale by species, number, quality and volume. Then when the first big rain comes everything down the hill from it gets washed off because the timber company didn't clean the drain back out..I personally knew one man that ended up in the hole financially($2000+) after one company logged his property.. Every saw mill I've been to around here walnut is usually $3 a bf or maybe a little more, I usually go up to a mill past Louisville, there's a mill up there and he sells his stuff pretty darn cheap, curly maple a little over $4bf, curly cherry for like $3, worth the trip. Youll also need to decide what you want to protect. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? If you need to determine the value of your timber, this service should be considered. (30-130 yrs. Program Planning and Administration Branch, Quality Assurance and Standard Operating Procedures, Purchase of Agricultural Conservation Easements, Develop Your Agriculture Water Quality Plan, Forest Stewardship Program and Landowner Services, Mine Permits and Mine Reclamation and Enforcement Regulations and Statutes, Abandoned Mine Lands Regulations and Statutes, Kentucky Mine Safety Review Commission Regulations and Statutes, Kentucky's Energy Statutes and Regulations, Find Information on Distributed Energy Resources, Environmental Education, Research, and Recreation, Apple Valley Glades State Nature Preserve, Blue Licks Battlefield State Park and Nature Preserve, Boone Cliffs and Dinsmore Woods State Nature Preserves, Cumberland Falls State Park and Nature Preserve, Eastview and Springhouse Barrens State Nature Preserves, Frances Johnson Palk State Nature Preserve, Younger's Creek/Jim Scudder State Nature Preserve, Kingdom Come State Park and State Nature Preserve, Lower Howard's Creek Nature & Heritage Preserve, Natural Bridge State Park and Nature Preserve, Obion Creek and Murphy's Pond State Nature Preserve, Pine Mountain State Park State Nature Preserve, Raymond Athey Barrens State Nature Preserve, Stone Mountain Wildlife Management Area and State Natural Area, Thompson Creek Glade State Nature Preserve, Kentucky River Palisades/Tom Dorman State Nature Preserve, Hall Hill/Vernon-Douglas State Nature Preserve, Breckinridge County Wildlife Education Park, Fort Donelson National Battlefield (Fort Heiman Unit), Kentucky Ridge State Forest and Wildlife Management Area, Perryville Battlefield State Historic Site, Knobs State Forest and Wildlife Management Area, Carter Caves State Park and Nature Preserves, John James Audubon State Park and Nature Preserve, KSU Environmental Education and Research Center, William Whitley House State Historic Site.