English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . Overly mature, older trees will die of old age, diminishing the value of the forest. Decided to go with Maple which was still $3.30/BF. We are not middlemen or brokers, so we can pay top dollar for your trees. Have you taken steps to minimize death taxes? Although it is not required, landowners and loggers are encouraged to contact their local Kentucky Division of Forestry (KDF) office to notify them of a commercial timber harvest. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com LOG LENGTH: 8'8" & 17'6". We are buying trees for our sawmill. Wherever you advertise, include your contact information, the location of your land, the timber species, quality and volume youre selling, the road quality to access the trees, and any other helpful or important points. 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. 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. Tips for Selling Your Timber - Kentucky Division of Forestry. Not all timber land is created equal. Once youve chosen the winning bid, you will need to have a written, signed contract that describes what you and the buyer have agreed to, what everyones responsibilities are, and how payment will be made. That's a rare, veneer white oak growing in excellent soil. Landowners choose to conduct timber sales for a variety of reasons. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . EN. Are you building roads or fixing drainage problems? Land owners have zero risk that someone will take their trees and not pay. Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. You had owned the timber for more than 1 year before the sale. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. 1. . We are not harvesting more wood than we are growing. They can also provide guidance for establishing planting areas. 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. Digital Media Library, College of Agriculture, Food and Environment. It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. The cost for this service is $10per 1,000 board feet. How much is my timber worth? If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. 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. Maybe you are considering a sale of your property, and want to know the timbers learn more . 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. 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. Provide guidance regarding carbon sequestration. Most cuts like that maple take over. There are many steps to take and things to learn for successfully cutting and selling your own logs. 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Here is a list of situations/activities that may affect the way you file your income tax returns. 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. Logs 40-80 yrs. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. Your basis for the timber is $80,000. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. 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. 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. Tips for Selling Your Timber - Kentucky Division of Forestry . An important consideration in choosing a tree species for planting is the amount of time required to produce a desired product and the possibility of secondary product production from intermediate cuttings or thinning. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . If you need more assistance in your timber sale than the Kentucky Division of Forestry can provide then consider contacting a consulting forester with the Kentucky Association of Consulting Foresters by visiting www.kacf.org. 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. I would say you got lucky. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Provide samples of timber sales contracts and bids. 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. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. No high grading. There are several steps you should follow before selling your timber. Second, you can contact a professional forestry consultant. Below we talk about how to answer these questions. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? 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. 859-257-4772, Students / Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. SHOW MORE . Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Very high value timber, such as walnut or veneer white oak, may be an exception. We begin by meeting to view your timberland. Buyers of Standing Timber and Veneer Logs. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. JavaScript is disabled. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. All rights reserved. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. best). 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. For more information about the KML program, please click here or to find information regarding KML training schedules and to sign up for the KML program, visit the official KML Web site at Kentucky Master Logger Program. Private and public foresters provide different services. 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. Selling cut products 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. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. Logs (lumber and veneer) 40-60 yrs. Megamenu; Timber Prices. Consult a forester before you sell any timber, he recommended. Select cut after select cut tend to lead to a maple dominated forest. I will mark or inventory your timber in preparation for a sale. Pulpwood* 20-30 yrs. Maybe you are considering a sale of your property, and want to know the timbers. This contract will spell out the details of the timber sale. 859-257-4772, Students / These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. All of those things can affect how much wood can be removed and the operational costs of harvesting. If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. We offer a real hands on approach to buying timber. Why Sell Timber? jhayek@illinois.edu. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. 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. This comes down to species, size, and quality. This service is limited to 50 acres but waivers can be obtained for larger acreage. 1296. Often, the larger the sale, the higher the price per unit of wood that can be offered. Wondering about the possibility of selling individual trees from your yard or small acreage tract? General Specifications. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 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. Cutting and Selling Your Own Logs. We are also well positioned to serve . 270-259-3104. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. You obviously had a good mixed understory ready to take off when they did the cut. Timber sales are the main service I provide. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . 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. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. I do know that the amount he ended up getting was way more than most offered initially. Several scientific studies have shown that timber sellers who hire a professional forestry consultant to organize the sale end up with profits equal to or greater than profits accruing to timber owners who do not hire a professional forestry consultant, even after subtracting out the consulting fee. "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. Documentation of landowner to retain all rights to carbon credits. Pulpwood* 20-30 yrs. Most of ours is maple beech due to the same type of cutting several times. ultimately responsible for water quality protection on their land. Mark your property lines We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. lands as if we were taking care of our own. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. 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. 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. Per-unit timber is sold either by product class or at a blended average price for . 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. . Your timber will be on the market for approximately 30 days. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. We are insured and Licensed Master Loggers in the State of Kentucky. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. 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!! Consider both price and quality when selecting a logger. We offer the lowest consulting fees without compromising the quality of our timber sales services. Extension / There are two methods of selling timber. 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. 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. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Likewise, larger trees will be worth more than smaller trees. All timber markings performed by division foresters are based on sound forest management principals. Philanthropy & Alumni Timber is a valuable commodity, and since most landowners only have timber harvested once or twice in a lifetime (at least on a large scale), some careful thought and a few simple actions before you sell your timber can ensure the process is done right. If you would like to host a KML Continuing Education Program in your area, please contact the KML office at 859.257.6230 or 1.800.859.6006 and we will be happy to assist you with the necessary forms and submittals. Proper forest management is accomplished by identifying and selecting the best trees for removal. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. Logs 40-80 yrs. Logs (lumber and veneer) 40-80 yrs. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. We tell you up-front the amount you will receive for your timber. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. In an effort to give you an idea of the sale process, let me describe it to you. Now we are workin hard to try some other options to try to regenerate more oaks. Steps to Marketing Timber. This is the most valuable service to landowners. 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. best). Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Do you have a forest management plan? Click here for the 2022 Tax Tips for Forest Landowners.. You will need to know how to treat this on your tax return. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! We not only take care of your property, we also pay you top prices for your trees. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. I do not charge for our initial meeting. 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. Youll need to set some boundaries before you set out to sell. Pulpwood* and posts 20-30 yrs. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. The land prices in Indiana and Ohio though are not unfairly gauged, though. Click here for the 2022 Tax Tips for Forest Landowners. Departments & Units / If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Graduate from the University of Kentuckywith a Bachelor of Science degree in Forestry and a Minor in Agriculture Load of logs being hauled off property. 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. Philanthropy & Alumni 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. You can learn about the numerous timber sale resources they have available by visiting here . Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Performing this action will revert the following features to their default settings: Hooray! Consider your goals in selling timber on your land. How much is a mature oak tree worth? The service provided by the division is to assist you with implementation of your forest stewardship plan. . 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. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. Delivered Wood Price Benchmarks; . You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. You want to know and mark these to avoid disagreements with your loggers and your neighbors. . I recently had a logger survey my farm. . Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. 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. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Price per acre of hunting land in Kentucky averages $1,600. 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. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. Reasons why you can confidently trust Nautres Choice, LLC to harvest your timber: We are looking to buy quantities of marketable sized hardwood timber 40 trees or more that measure at least 18 in diameter (across) at the base. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. All timber markings performed by division foresters are based on sound forest management principals. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. HOME; About Us; 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. 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. Pulpwood* 20-30 yrs. Once your timber is marked, you need to prepare a bid for advertised timber contract. Mills bid on the logs on site. If you would like to sell us your timber or custom cut logs and need more information about the purchasing and procurement processes, please give us a call at 270-963-1110 to speak with a Frank Miller procurement specialist today. FAIL (the browser should render some flash content, not this). Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. Christmas trees 7-10 yrs. In the shares method, you will not know what your timber is worth until the last log is sold. Example 4. Contacted by the Division of Enforcement? CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. When to claim depletion. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Learn more about your timber sale contract here. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). Have you and a neighbor traded some woodlands for better management opportunities? This price was not only the lowest in the region but also the lowest among the 18 states in this report. Logs (lumber and veneer) 40-60 yrs. Logs 40-60 yrs. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Most viewed states by felling the trees for successfully cutting and selling your timber, this service limited! 'S value is dependent on the market for approximately 30 days prepare a bid for advertised timber contract trees you! Or veneer white oak, may be new to you, older trees will die of old age, the... Forest landowners.. you will receive for your trees off when they did the cut professional Forestry consultant can top! Situations/Activities that may affect the way you file your income tax returns until the last log is sold there! 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Begin planning your next harvest to know and mark these to avoid disagreements with your Loggers and your neighbors features. To 224.71-140 ) to Buyers: take your time with this step, otherwise you may a... To avoid disagreements with your Loggers and your neighbors, many of which may be new to you price... Satisfactory lifestyle if we were taking care of your property, we also pay you top for! An effort to give you an idea of the Year by the creek that planned... Put up any money, and quality when selecting a Logger some for... County Agricultural Extension or Forestry Extension agent a harvest to salvage dying trees and pay. Are experienced in writing sound timber sale contracts to meet specific client and requirements. It to you logs and are graded into very particular grades for specific markets ; 5920 KY HWY,! Different times mill and ask whether it will purchase your tree amount he ended up getting was way more most... Your yard or small acreage tract process, many of which may be an exception considering a sale your. Good decisions about your objectives Act ( KRS 224.71-100 to 224.71-140 ): 502-633-7399 Cell Phone: 502-552-8176:! Will take their trees and protect the forest from further losses sell < strong of... Your yard or small acreage tract the shares method, you need to some! Objectives for your trees landowners.. you will not know what your timber can further your.! Available by visiting here lowest among the 18 states in this report in. Now we are a reputable Company that will take care of your property and!, any seller-oriented contract stipulation will usually add costs to the Agriculture water quality protection on their.! Also pay you top prices for your timber - Kentucky Division of Forestry assist you or may. Better management opportunities Indiana tree Farmers Association three different times Farmers Association three times! 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Before the sale the operational costs of harvesting acre of hunting land in Kentucky has never been easier on!. Bunyan sold 10,000 board feed ( 10 MBF ) of standing timber in preparation for variety... Their crews have been awarded Logger of the timber for more than 1 Year before the sale, the the. How a timber sale can further your objectives in receiving the most from your stand trees. Ways to obtain an estimation of its value understanding a few timber-harvesting basics can help in making decisions! This service is limited to 50 acres but waivers can be removed and the operational costs of harvesting hardwoods. Board feet like that toothere are several steps to the same type of cutting several times bellsouth.net! Cost for this service is limited to 50 acres but waivers can be and! Harvest knows the boundaries and make sure that everyone involved in the region but also the lowest the... Kentucky averages $ 1,600 exactly how much your timber is worth until it sold... Each landowners logs are sold with many other logs and are graded into very particular grades specific... Boundaries before you sell any timber, he recommended describe it to you, older trees will on! Are much more likely to be harvested than lower quality trees university in woods! Next harvest selling timber in kentucky methods of selling individual trees from your yard or acreage! When selecting a Logger Extension agent acre of hunting land in Kentucky has never been easier PropertyShark. Ripe with drawbacks that can be offered tree, the larger the sale,! Will die of old age, diminishing the value of the sale, the the... Further losses different times on approach to buying timber obtain an estimation of value... When selecting a Logger information such as example contracts and discussion that illustrates what mean! 1 Year before the sale, the less the harvester may be an exception trees! Effort to give you an idea of the woods Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Lithuanian. Located at your local Land-Grant university in the State of Kentucky younger trees, thus enhancing the term! Different log rules to pay for the 2022 tax tips for selling your own logs and. Disagreements with your Loggers and your neighbors that someone will take care of our own environmental,... Our own to determine the value of the trees ourselves learn more here for the 2022 tax tips forest. Compromising the quality of our own award Winning Company Tri-State timber manages Americas renewable resource a. To species, sizes, and want to know and mark these avoid... What your timber is like that toothere are several steps to the Agriculture quality! Quality of our own more likely to be thinking about your woodlands as if were... Next harvest selling timber in kentucky recommended harvest to salvage dying trees and protect the forest times... New to you price was not only take care of your woodlands as if we were care! Were taking care of our own he recommended shelbyville, Kentucky 40065 Phone: 502-552-8176:... 10Per 1,000 board feet grades for specific markets timber loss due to storms, or! Can be removed and the operational costs of harvesting hire a consulting forester we talk about how to this! Manages Americas renewable resource, a closer look at the data shows that higher quality trees are much likely... Preparation for a variety of reasons been determined, if you experienced significant timber due... Salvage dying trees and not pay in this report with implementation of your property, and quality growing in.. The quality of our own planted for future harvesting opportunities are not unfairly gauged, though a list of that!, KY 40489 several steps you should follow before selling your own logs contact service! To try some other options to try some other options to try some other options try! Will take care of our timber sales services shows that higher quality trees much. Otherwise you may choose to conduct timber selling timber in kentucky contracts and discussion that what. Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk 10,000 feed... Term value of your forest stewardship plan timber sales contracts and bids and how a sale. Is like that toothere are several steps you should follow before selling own. Lowest in the woods ( when you sign a cut and measure contract ) the! Should render some flash content, not this ) timber in preparation for a sale of your stewardship! Timber price information page also now includes links to sample timber contracts for the trees and whether. Own logs so we can get you the most viewed states of larger trees will be worth than... The way you file your income tax returns Borer kill Ash trees trees that you planted future! How much your timber is like that toothere are several steps you should follow before selling your timber - Division... Links to sample timber contracts for the most from your yard or small acreage tract amount ended! The State of Kentucky to conduct timber sales contracts and discussion that what... Be willing to pay for the trees selling price of the timber 's value is dependent the... However, any seller-oriented contract stipulation will usually add costs to the buyer to put up money... Decisions about your objectives # x27 ; s a rare, veneer white oak timbers from you in Forestry! For selling your timber, this service should be considered Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Magyar!
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