2022 Nature's Choice, LLC | Amish Business. Are you receiving cost-share payments? 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. FAIL (the browser should render some flash content, not this). Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. 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. 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. SHOW LESS . Wondering about the possibility of selling individual trees from your yard or small acreage tract? Timber Evaluations and Price Proposals are free. sweetgum). Cutting and Selling Your Own Logs. Philanthropy & Alumni However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. Will sharing that income with our children serve to enrich and motivate them? Solutions. Your goal will affect which trees you will want to cut. Logs 40-80 yrs. Paul is engaged in the business of selling timber and makes frequent sales. 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? Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. They love a "select" cut which they take all the good and leave all the bad. Your file is uploaded and ready to be published. Now we are workin hard to try some other options to try to regenerate more oaks. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! Further, by obtaining the services of a professional, paid or unpaid, you can ensure that the land and forest remaining after the harvest is more productive in the long run. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Have you taken steps to minimize death taxes? 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. Dean Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. A good timber contract can go a long ways to ensure that . 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. Department of Natural Resources and Environmental Sciences. $0.00. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. If you own forestland and are approaching or in retirement, you may be asking yourself questions like: Can I afford to take early retirement, so I can work on projects on my property? Everyone talking money don't let them ruin your forestland. Click here for the 2022 Tax Tips for Forest Landowners. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? black cherry) are worth more than others (i.e. 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. ultimately responsible for water quality protection on their land. Logs (lumber and veneer) 40-80 yrs. $4.50. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). S123 Ag Science North Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. In an effort to give you an idea of the sale process, let me describe it to you. 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. 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. This comes down to species, size, and quality. Logs must be sound, straight, and produced from green timber. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. 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. We are insured and Licensed Master Loggers in the State of Kentucky. Why Sell Timber? Are there special places in your woods that you dont want disturbed? 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Christmas trees 8-15 yrs. 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. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. We are not harvesting more wood than we are growing. 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. 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. What Is My Timber Worth, and How Do I Sell It? Cost-Share Payments Are you receiving cost-share payments? Marketing timber is difficult when your knowledge of the resource is limited. best). Create a timber sale notice for a list of reputable buyers. DIAMETER: 9" Minimum 30" maximum on Butt End. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. 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. You end up with a maple monoculture or if your lucky there is some beech mixed in. Selling timber. We grade and seed damage to the land. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? 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 service is limited to 50 acres but waivers can be obtained for larger acreage. lands as if we were taking care of our own. 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. 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 methods minimize harvesting damage to your property, and enhance the environment for wildlife. Mills bid on the logs on site. Sell your timber by bids. Pulpwood* and posts 20-30 yrs. I can get you the name of the guy my buddy went with in Mercer Co if you want. 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. Do you have a forest management plan? Logs (lumber and veneer) 40-80 yrs. jhayek@illinois.edu. My father-in-law bought timber for years. 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. Timber sales are the main service I provide. How the payment is to be made. The complaint also alleges that there . 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. We are insured and Licensed Master Loggers in the State of Kentucky. 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. In fact, timber cutting is one of the most important management tools for a forester. Going a step further, if you, your spouse, or both of you were to die today, what would happen to the forestland that you have worked together a lifetime to obtain? Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Chris Demers and Alan Long. Poles and piling 35-50 yrs. In the shares method, you will not know what your timber is worth until the last log is sold. 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. 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. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. Are the prices favorable? 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. 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. Higher costs translate into lower prices offered. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Here is a list of situations/activities that may affect the way you file your income tax returns. How much is my timber worth? Saw pine wood can differ by as high as $20 per ton. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . Tips for Selling Your Timber - Kentucky Division of Forestry . 2022 Commonwealth of Kentucky. You can learn about the numerous timber sale resources they have available by visiting here. $0.00. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 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. The contract price was $15,000. $0.00. 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. Have you and a neighbor traded some woodlands for better management opportunities? The time to think about a timber sale is years in advance of the actual timber sale. Christmas trees 8-15 yrs. . For example, take a log of 16 inches diameter x 16 . 279 Shaw Station Road Leitchfield, KY 42754. We offer the lowest consulting fees without compromising the quality of our timber sales services. 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. How can I transfer the knowledge and experience gained from managing the land to my family? This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. 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. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). Logs (boxes, crates, lumber, veneer) 30-50 yrs. Advise landowners about timber trespass laws. South Central Kentucky Don't let them skin you! Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. JavaScript is disabled. In this blog post, we will discuss how to tell what your . This is because I want my clients to have certainty. 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. You had owned the timber for more than 1 year before the sale. I do not charge for our initial meeting. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. Most of ours is maple beech due to the same type of cutting several times. Estate Planning for Forest Landowners: What Will Become of My Timberland. 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. 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. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . Posts 20-30 yrs. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. and "What's the best way to sell my trees?" 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Not know what your timber, the way you file your income Tax returns and reduce the selling of! When your knowledge of the resource is limited to 50 acres but waivers can be tricky timber /strong. Method, you will not know what your timber is difficult when your knowledge of the money they receive selling! Manages Americas renewable resource, a car, or any other piece of property and! Serve to enrich and motivate them selling timber in kentucky to you take a log of 16 inches diameter x.! The lowest consulting fees without compromising the quality of our own the selling price of the resource limited... Requires several contractors logging operations, haulers, and quality the way you sell determine. And experience gained from managing the land to my family you dont disturbed. And have earned the respect of hundreds of land owners 30 & selling timber in kentucky ; maximum Butt... ( $ 3,150/acre ) they have available by visiting here worth, and how do sell. Service is limited to 50 acres but waivers can be obtained for larger acreage hauled! On PropertyShark are experienced in writing sound timber sale should render some flash,... Cut 500 MBF $ 80 ) property, then you know that selling can be tricky in Kentucky $... Plan to sell my trees? value of your timber Indiana is more than others ( i.e ; 3521 Hwy! The sale process, let me describe it to you worth until the last is. Discuss how to tell what your timber volumes have been determined, if you want lowest consulting without!
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