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. 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. Megamenu; Timber Prices. 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. Overly mature, older trees will die of old age, diminishing the value of the forest. In fact, timber cutting is one of the most important management tools for a forester. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. We grade and seed damage to the land. We offer a real hands on approach to buying timber. 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. 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. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. 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. Are you sure you want to delete your template? 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. 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. We are not harvesting more wood than we are growing. 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!! You can learn about the numerous timber sale resources they have available by visiting here . The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Poles and piling 35-50 yrs. Also, once logs leave your property, you cannot be assured you are paid for them. DIAMETER: 9" Minimum 30" maximum on Butt End. 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. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. Youll need to set some boundaries before you set out to sell. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. 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. I choose to market your timber by utilizing two safe and very effective methods. Maximum knot size 5". 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. All timber markings performed by division foresters are based on sound forest management principals. Steps to Marketing Timber. We grade and seed damage to the land. My father-in-law bought timber for years. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Learn more . Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. In this blog post, we will discuss how to tell what your . 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. S123 Ag Science North 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. 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. Most cuts like that maple take over. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. 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. . Seek the advice of a professional forester. Do you want them to use existing roads or build new ones? SHOW LESS . Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. You obviously had a good mixed understory ready to take off when they did the cut. No seams, splits, rot, shake, or double hearts. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. 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. 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. Extension Specialist, Forestry. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. I will mark or inventory your timber in preparation for a sale. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Diffantly get more that one person to look at it. Consider both price and quality when selecting a logger. Logs (lumber and veneer) 40-60 yrs. Also, obtain a written timber sale contract; this is essential to all timber sales. 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 . 317- 445-2651 . It may not display this or other websites correctly. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Selling timber is like that toothere are several steps to the process, many of which may be new to you. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. 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. Your basis for the timber is $80,000. Logs 40-79 yrs. 859-257-4772, Students / Pulpwood* and posts 20-30 yrs. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. All the bids are then opened on the day of the sale. FAIL (the browser should render some flash content, not this). And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Logs (lumber and veneer) 40-80 yrs. Now, obviously prices will range from mill. For example, take a log of 16 inches diameter x 16 . There are several steps you should follow before selling your timber. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? We are not middlemen or brokers, so we can pay top dollar for your trees. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. 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. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. Performing this action will revert the following features to their default settings: Hooray! 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. You end up with a maple monoculture or if your lucky there is some beech mixed in. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. 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. 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. 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. HOME; About Us; Mills bid on the logs on site. We begin by meeting to view your timberland. black cherry) are worth more than others (i.e. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. A good timber contract can go a long ways to ensure that . If you need to determine the value of your timber, this service should be considered. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? All rights reserved. The forest is a complex natural system. Your timber will be on the market for approximately 30 days. In the shares method, you will not know what your timber is worth until the last log is sold. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. I would say you got lucky. 859-257-4772, Students / Price per acre of hunting land in Kentucky averages $1,600. Certain types of timber (i.e. Additionally, we . $0.00. How Do I Choose a Quality Logger? Fundamentally, steps 1 through 8 are all about being prepared and informed. Create a contract and monitor the sale to resolve issues that may arise. Pulpwood* 30-50 yrs. Selling timber. . You must log in or register to reply here. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. You want to know and mark these to avoid disagreements with your loggers and your neighbors. S123 Ag Science North Some are ready for harvest in just a few years and others may take 40 or more years before they are mature enough to harvest. Timber selling methods. 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. Not all timber land is created equal. Baillie's locations are convenient to major North American shipping routes and seaports. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. 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. This may not mean that all bonded buyers are reputable but it gives you a good starting point. 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. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. South Central Kentucky Don't let them skin you! Logs 40-80 yrs. Are the prices favorable? 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. Second, you can contact a professional forestry consultant. There are many reasons why a landowner might choose to sell timber. Posts 20-30 yrs. 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This frequent question does not have a simple answer. 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. This is because I want my clients to have certainty. In an effort to give you an idea of the sale process, let me describe it to you. 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. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. EN. 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. 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. 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. Alternatively, you can visit the website of the. Land owners have zero risk that someone will take their trees and not pay. Once youve got interested buyers, there are a few different ways the sale process can go. Contacted by the Division of Enforcement? Below we talk about how to answer these questions. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Pulpwood* 20-30 yrs. The land prices in Indiana and Ohio though are not unfairly gauged, though. May 8, 2017 Timber sales timber harvest Bill Klase. The physical boundaries include the edges and corners of your woods. Flooring and cabinet manufacturing is likely the reason for this steady demand. 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?" 3. 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. See below. 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. Often, the larger the sale, the higher the price per unit of wood that can be offered. All of those things can affect how much wood can be removed and the operational costs of harvesting. I do not sell timber on the shares method. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. 1. 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. By selling your timber, you can generate income and advance other woodland goals. Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? He would buy standing timber. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 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. This is for at least five possible reasons. Meet the directors of these agencies: the nation's 59 state foresters. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. 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. Extension / Maybe you are considering a sale of your property, and want to know the timbers. 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. Value of your woods to set some boundaries before you advertise or to! Kentucky sawmill or timber mill and ask whether it will purchase your.. Indiana and Ohio though are not unfairly gauged, though proceed with a. 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