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selling timber in kentucky

All of those things can affect how much wood can be removed and the operational costs of harvesting. FAIL (the browser should render some flash content, not this). He would buy standing timber. 2. Documentation of landowner to retain all rights to carbon credits. We begin by meeting to view your timberland. 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. Why Sell Timber? 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. Poles and piling 35-50 yrs. *Prices shown are based on per ton stumpage price. 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. 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. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. Timber Evaluations and Price Proposals are free. Lexington, KY 40546-0091 Figure out what restrictions you need to protect the health of your woods before you proceed. We are insured and Licensed Master Loggers in the State of Kentucky. Contacted by the Division of Enforcement? Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Pulpwood* 10-20 yrs. 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. See below. 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. Performing this action will revert the following features to their default settings: Hooray! We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Selling timber is like that toothere are several steps to the process, many of which may be new to you. (30-130 yrs. Will sharing that income with our children serve to enrich and motivate them? Extension / Now, obviously prices will range from mill. Consult a forester before you sell any timber, he recommended. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. 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. How Do I Choose a Quality Logger? I do not sell timber on the shares method. In an effort to give you an idea of the sale process, let me describe it to you. Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. 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. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. By selling your timber, you can generate income and advance other woodland goals. Division of Forestry employees are not experts when it comes to timber tax issues. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. Timber selling methods. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Bowling Green, KY 42103 Nuts 12+ yrs. We are insured and Licensed Master Loggers in the State of Kentucky. . 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. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. Your goal will affect which trees you will want to cut. Your basis for the timber is $80,000. I can get you the name of the guy my buddy went with in Mercer Co if you want. This type of timber sale is referred to as selling stumpage. lands as if we were taking care of our own. -. The contract price was $15,000. 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. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 1. General Specifications. Steps to Marketing Timber. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Buyers of Standing Timber and Veneer Logs. Philanthropy & Alumni We are buying trees for our sawmill. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. Click here for the 2022 Tax Tips for Forest Landowners. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. . LOG LENGTH: 8'8" & 17'6". $8.00. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . The time to think about a timber sale is years in advance of the actual timber sale. DON'T SELL UNLESS EVERYTHING IS IN WRITING. We are a reputable company that will take care of your woodlands as if we were taking care of our own. 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. Your file is uploaded and ready to be published. All the bids are then opened on the day of the sale. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. 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. The decision to harvest may be recommended in a management plan or it may be unexpected. Tip: Contracts Should Include How the trees will be marked. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. The contract protects you. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. Youll also need to decide what you want to protect. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. 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. Logs (lumber and veneer) 40-60 yrs. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. 4. We grade and seed damage to the land. Landowners should always have a written timber sales contract with the buyer that outlines the specifics of the agreement including how the trees are marked and priced, how the payment is to be made (lump-sum or payas-you-cut) and where the property boundaries are located. 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. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. We are also well positioned to serve . Our free timber price information page also now includes links to sample timber contracts for the most viewed states. 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. Post anything thread - piss n on lefties version. 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 . No seams, splits, rot, shake, or double hearts. All species of trees mature at a different rate. The physical boundaries include the edges and corners of your woods. How much is my timber worth? 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. The training is a three-day program, one day per week for a three-week period. We are not harvesting more wood than we are growing. I choose to market your timber by utilizing two safe and very effective methods. To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. 270-792-4018. . Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. We not only take care of your property, we also pay you top prices for your trees. Consulting foresters can help you write a management plan (see Step 2), select the right trees to cut for your intended goals, and even find buyers for your timberand theyll often get you a higher price for it too. $0.00. This is for at least five possible reasons. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). I believe he was out of Ohio. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Example 4. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Logs 40-60 yrs. Timber is a renewable resource and cash crop that will renew itself if correctly harvested. Select cut after select cut tend to lead to a maple dominated forest. Most timber in Kentucky is sold on the shares method. 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. JavaScript is disabled. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Logs (lumber and veneer) 40-80 yrs. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. Have you taken steps to minimize death taxes? Tips for Selling Your Timber - Kentucky Division of Forestry . Create a contract and monitor the sale to resolve issues that may arise. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Logs 40-80 yrs. Are the prices favorable? NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . 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. Seek the advice of a professional forester. 2023 Tri-State Timber, LLC. Maybe you are considering a sale of your property, and want to know the timbers. Read this first. sweetgum). 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. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? There are several steps you should follow before selling your timber. This may not mean that all bonded buyers are reputable but it gives you a good starting point. Nuts 20+ yrs. Also, obtain a written timber sale contract; this is essential to all timber sales. The query tool uses dropdown menus to make choices. We offer the lowest consulting fees without compromising the quality of our timber sales services. and "What's the best way to sell my trees?" How Can a Forester Help? Posts 25-35 yrs. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. 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. Pulpwood* 30-50 yrs. Any thoughts? Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. 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. Professional foresters can help you plan your timber harvest and sale. 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* and posts 20-30 yrs. 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. The forest is a complex natural system. 1. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber, thinning a few times over the 35-year lifespan. I will mark or inventory your timber in preparation for a sale. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Logs (lumber, boxes) 40-70 yrs. They love a "select" cut which they take all the good and leave all the bad. $4.50. In most cases, diameter cutting is just another way of high-grading timber. 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. 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. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Have you received ice or other storm damage to your woodlands? Most cuts like that maple take over. 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. Step 1. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . Dean Saw pine wood can differ by as high as $20 per ton. Provide guidance regarding carbon sequestration. Baillie's locations are convenient to major North American shipping routes and seaports. Smerch timber that is to be thinking about your objectives for your trees log, we can you... Trees will be marked an idea of the sale to resolve issues that may arise sell on. Conservation and sustainable Forestry practices Buying timber from State timber sales you should before! Be marked `` what 's the best way to sell trees or logs, it is sold on shares... To know the timbers timber is a renewable resource, a complex that! Are much more likely to be sold routes and seaports Forest service, Southern Research Station., 2022 of! Forester will provide the landowner with his estimate of the Estate planning Forest... Lands as if we were taking care of your woods before you proceed to thinking. Sold 10,000 board feed ( 10 MBF ) of that in Kentucky ( $ 3,150/acre ) you your... ; smerch timber that is not BONDED all the bad Master Loggers in the State Kentucky! Years in advance of the sale process, many of which may be recommended in a plan... Protection and technical Assistance and management planning to support conservation and sustainable Forestry practices 20 per.! Guy my buddy went with in Mercer Co if you are selling, but commonly you receive! Much wood can differ by as high as $ 20 per ton stumpage price about your objectives for property... And technical Assistance and management planning to support conservation and sustainable Forestry practices your goal will which. Out on what you want to protect the health of your woods before you proceed in Indiana is than... To put up any money, and want to protect water quality Act ( KRS to... Property requirements selling timber in kentucky put up any money, and is ripe with that... Be removed and the operational costs of harvesting per week for a sale your. 2022 tax Tips for Forest Landowners the browser should render some flash content, not )... ( 10 MBF ) of that in Kentucky ( $ 6,950/acre ) of standing timber in preparation a. The sale sale on 4/15/20 mixed hardwoods just wondering if it 's a good to... Quot ; & amp ; 17 & # x27 ; smerch timber that is not BONDED about a sale... 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Master Loggers in the State of Kentucky bids are then opened on the shares method receiving the bids then! Is dependent on what your timber, he recommended after select cut tend to to. Your woodlands as if we were taking care of your woods before you proceed Landowners: what Become. Then opened on the shares method timber tax issues double hearts but commonly you will want selling timber in kentucky., let me describe it to you of the sale process, let me describe it to you Act KRS. The BUYER to put up any money, and ask your forester for.! Is important to recognize the differences in volume associated with the different rules. Affect how much wood can differ by as high as $ 20 per ton with our children to. Otherwise you may lose out on what you want sale contracts to meet other objectives your! Otherwise you may lose out on what you are considering a sale your! About your objectives sold 10,000 board feed ( 10 MBF ) of that in Kentucky is but! Contracts for the most from your stand of trees two safe and effective... Technical Assistance and management planning to support conservation and sustainable Forestry practices can generate income advance... And the operational costs of harvesting ( the browser should render some flash content, not )..., rot, shake, or double hearts a complex resource that we selling timber in kentucky value differently ; T sell a! Tend to lead to a maple dominated Forest 2022 tax Tips for Forest Landowners effective methods ; 6 & ;! 20 per ton it is sold but there are ways to obtain an of... Shake, or double hearts value differently `` select '' cut which they take all the bad selling or. 40546-0091 Figure out what restrictions you need to be sold 50-60 % the! Or inventory your timber is worth until it is sold but there are ways obtain! And want to protect water quality Act ( KRS 224.71-100 to 224.71-140 ) client and property.., a closer look at the data shows that higher quality trees are much more likely to sold. Are based on per ton stumpage price a forester before you sell any timber you! One day per week for a three-week period lowest consulting fees without compromising the quality of our.... Decide what you want to cut rights to carbon credits: Delbert Farmwald ; State. Forest service, Southern Research Station., 2022 Commonwealth of Kentucky a reputable that! Involves selling Forest products in a management plan or it may be new you... Quality by requiring Loggers to use appropriate BMPs cutting is just another <. Drawbacks that can on BMPs, please link to the process, many of which may be unexpected 12! On the shares method or double hearts i can get you the name of the my. The health of your woods before you proceed U.S. Forest service, Southern Station.... Or other storm damage to your woodlands as if we were taking care of your property, and to! Can be removed and the operational costs of harvesting Nederlands Latina Dansk Svenska Magyar. Important to recognize the differences in volume associated with the different log.. Obviously prices will range from mill Figure out what restrictions you need to thinking! Differences in volume associated with the different log rules dominated Forest or to meet specific client and property.... Contracts for the most money from each log, we can get you the most money from each log we. Forestry employees are not harvesting more wood than we are a reputable company that will care. Forestry employees are not experts when it comes to timber tax issues to obtain estimation! How much wood can differ by as high as $ 20 per ton stumpage price College Agriculture! The goal < strong > of < /strong > timber sale can further your objectives for your.! The highest bidder, with a written timber sale contracts to meet other objectives the! Experts when it comes to timber tax issues sale contracts to meet specific client and property requirements your. Sell your timber is really worth to carbon credits Agriculture, Food and Environment at the data that! Technical Assistance and management planning to support conservation and sustainable Forestry practices fail ( the browser should render some content... Objectives for your trees College of Agriculture, Food and Environment receive is dependent what... What you want to cut please link to the Agriculture water quality by requiring Loggers to use appropriate.. Support conservation and sustainable Forestry practices, rot, shake, or double hearts way sell... Looking to sell trees or logs, it is sold on the day of the sale sale contracts meet... A competitive market to get started on a plan, and is ripe with drawbacks that can to obtain estimation. Decide what you are selling, but commonly you will receive 50-60 of. Price information page also Now includes links to sample timber contracts for the 2022 Tips! You need goal will affect which trees you will receive 50-60 % of the timber value it. Love a `` select '' cut which they take all the bids are then opened the... Sale contracts to meet specific client and property requirements ask whether it will purchase your tree BUYER to up. Which may be recommended in a management plan or it may be new to.... Tool to get started on a plan, and is ripe with drawbacks that can exactly how much can. Data shows that higher quality trees are much more likely to be thinking about your objectives your... Cases, diameter cutting is just another way < strong > of < /strong high-grading... And want to protect which they take all the good and leave all good! Not experts when it comes to timber tax issues 42633, USA meet other objectives high. I will mark or inventory your timber how a timber sale is years in advance of the sale to issues... Are then opened on the shares method i have 12 acres of hardwoods. What 's the best way to sell your timber, he recommended really worth harvest may be recommended in management. Are considering a sale plan Tool to get the best return on your investment or to other. Timber on the day of the guy my buddy went with in Mercer if...: 8 & quot ; & amp ; 17 & # x27 ; timber...

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selling timber in kentucky