Research / DON'T SELL UNLESS EVERYTHING IS IN WRITING. Selling timber. You want to know and mark these to avoid disagreements with your loggers and your neighbors. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Example 4. 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 contract protects you. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! . 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. JavaScript is disabled. This type of timber sale is referred to as selling stumpage. 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. For example, take a log of 16 inches diameter x 16 . *Prices shown are based on per ton stumpage price. Where the property boundaries are located. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. lands as if we were taking care of our own. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. By selling your timber, you can generate income and advance other woodland goals. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . jhayek@illinois.edu. We begin by meeting to view your timberland. Higher costs translate into lower prices offered. 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. Most timber in Kentucky is sold on the shares method. Use a reliable logging firm. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. Logs (lumber, boxes) 40-70 yrs. There are many reasons why a landowner might choose to sell timber. 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. There are many steps to take and things to learn for successfully cutting and selling your own logs. Extension / Solutions. $0.00. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Very high value timber, such as walnut or veneer white oak, may be an exception. 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. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. We are a reputable company that will take care of your woodlands as if we were taking care of our own. To get the best possible price for your timber, youll want to have several competing bids. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. We make selling timber easy. 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. All the bids are then opened on the day of the sale. Poles and pilings 40-50 yrs. The contract price was $15,000. You must log in or register to reply here. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Conduct an inventory of the trees for sale by species, number, quality and volume. 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Are you receiving cost-share payments? Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. You had owned the timber for more than 1 year before the sale. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. Are the prices favorable? Tips for Selling Your Timber - Kentucky Division of Forestry. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Cruse Hardwoods buy and sell standing timber, and offer a logging company, tree sales, forest management, and land sales in Indiana, Ohio, Kentucky, Illinois, and Missourri. I do not sell timber on the shares method. black cherry) are worth more than others (i.e. Your file is uploaded and ready to be published. 1296. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. 3. 2. (75-225 yrs. Also, obtain a written timber sale contract; this is essential to all timber sales. 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. 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. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Delivered Wood Price Benchmarks; . 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 cost for this service is $10per 1,000 board feet. Nuts 20+ yrs. Timber Evaluations and Price Proposals are free. Selling timber is like that toothere are several steps to the process, many of which may be new to you. 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. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. Performing this action will revert the following features to their default settings: Hooray! Bowling Green, KY 42103 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. 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. Logs 40-60 yrs. 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. 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. Philanthropy & Alumni Mills bid on the logs on site. Most cuts like that maple take over. See below. HOME; About Us; A good timber contract can go a long ways to ensure that . What Is My Timber Worth, and How Do I Sell It? 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. 859-257-4772, Students / Depending on the type of trees and the market when the timber is sold, you could earn $500 to $2000 per acre (at $1500, you would be looking at $60 per year in income if you were to annualize it over 25 years). Fundamentally, steps 1 through 8 are all about being prepared and informed. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Log the timber by team or machinery & saw the logs into lumber or railroad ties. $8.00. Create a timber sale notice for a list of reputable buyers. 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. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. 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. Logs (lumber and veneer) 40-80 yrs. LOG LENGTH: 8'8" & 17'6". Most of ours is maple beech due to the same type of cutting several times. I can get you the name of the guy my buddy went with in Mercer Co if you want. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Tip: Contracts Should Include How the trees will be marked. This is because I want my clients to have certainty. We offer a real hands on approach to buying timber. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. Consider your goals in selling timber on your land. We tell you up-front the amount you will receive for your timber. Nuts 12+ yrs. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. Megamenu; Timber Prices. In this blog post, we will discuss how to tell what your . Consult a forester before you sell any timber, he recommended. Also, once logs leave your property, you cannot be assured you are paid for them. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). When to claim depletion. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. 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. 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. best). Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. Likewise, larger trees will be worth more than smaller trees. 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. Chris Demers and Alan Long. 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. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. How Do I Determine What Trees to Cut? English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . There are two methods I use to market 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. -. 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. 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? Timber is a renewable resource and cash crop that will renew itself if correctly harvested. 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. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Everyone talking money don't let them ruin your forestland. $0.00. 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. Call 317-445-2651 . 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. I believe he was out of Ohio. 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. 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. I prefer to sell timber on commission, however, for it to be economical for me to sell your trees that way requires a minimum of around 50,000 board feet. They can also provide guidance for establishing planting areas. In the shares method, you will not know what your timber is worth until the last log is sold. 279 Shaw Station Road Leitchfield, KY 42754. Not all timber land is created equal. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). This may not mean that all bonded buyers are reputable but it gives you a good starting point. Forest Economics and Policy (RWU-4804) SRS Forest Economics and Policy Timber Price Information and Contacts Timber Price Information and Contacts This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. Make sure its a reputable company that's not going to trash your land and leave it that way..Thats a big problem over here..In the mountains drainage is very important..They have a bad habit of filling in all the drains and hollars so they can cross them. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. Diffantly get more that one person to look at it. 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? 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. SHOW LESS . 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. 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. 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. Provide guidance regarding carbon sequestration. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com This is only possible with the high volume of logs that Tri-State produces. 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. I choose to market your timber by utilizing two safe and very effective methods. All timber markings performed by division foresters are based on sound forest management principals. 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. Selling white oak trees and veneer is a very important process when selling timber. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. S123 Ag Science North Step 1. The purpose of marking is to improve the quality of the stand of timber for the future. One way to locate these foresters is by visiting the. 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. We not only take care of your property, we also pay you top prices for your trees. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . Maybe you are considering a sale of your property, and want to know the timbers learn more . Tips for Selling Your Timber - Kentucky Division of Forestry. 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