That's a rare, veneer white oak growing in excellent soil. 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. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. . We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. 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. How the sales price is determined. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. Youll need to set some boundaries before you set out to sell. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Mark your property lines Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. 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. 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. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? 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. Overly mature, older trees will die of old age, diminishing the value of the forest. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Your timber will be on the market for approximately 30 days. We tell you up-front the amount you will receive for your timber. 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. Then you may qualify for a reforestation tax credit. 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. 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. 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. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. 3. pertaining to the timber sale and the protection of property in the contract. black cherry) are worth more than others (i.e. How Can a Forester Help? All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. $0.00. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . 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. 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. For a better experience, please enable JavaScript in your browser before proceeding. Seek the advice of a professional forester. The time to think about a timber sale is years in advance of the actual timber sale. NIFA is the federal partner in a vast network of scientists, educators, and extension staff that address critical issues about agriculture, food, the environment, and communities. Have you received ice or other storm damage to your woodlands? 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. 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. There are several steps you should follow before selling your timber. Most timber that is not sold by a consultant is sold on what is called the shares method. Provide guidance regarding carbon sequestration. Once your timber is marked, you need to prepare a bid for advertised timber contract. 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 . Logs must be sound, straight, and produced from green timber. Use a reliable logging firm. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. Department of Natural Resources and Environmental Sciences. Maximum knot size 5". Are you sure you want to delete your template? Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Consider both price and quality when selecting a logger. Bowling Green, KY 42103 Most timber in Kentucky is sold on the shares method. If you need to determine the value of your timber, this service should be considered. Tri-State Timber is a leading producer of veneer and high quality logs. 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. (30-130 yrs. Contacted by the Division of Enforcement? The cost for this service is $10 per 1,000 board feet. Conduct an inventory of the trees for sale by species, number, quality and volume. Megamenu; Timber Prices. How can I transfer the knowledge and experience gained from managing the land to my family? 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. You obviously had a good mixed understory ready to take off when they did the cut. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? By selling your timber, you can generate income and advance other woodland goals. Digital Media Library, College of Agriculture, Food and Environment. Pulpwood* 20-30 yrs. Cutting and Selling Your Own Logs. Extension / Buyers of Standing Timber and Veneer Logs. Logs (lumber and veneer) 40-60 yrs. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. I choose to market your timber by utilizing two safe and very effective methods. Have you taken steps to minimize death taxes? Are you receiving cost-share payments? 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. Likewise, larger trees will be worth more than smaller trees. Most of ours is maple beech due to the same type of cutting several times. So when you sell timber, give Tri-State Timber a call. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. 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. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Private and public foresters provide different services. You had owned the timber for more than 1 year before the sale. 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 sell timber on the shares method. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. 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. These two sale approaches probably account for well over half of the timber sold in Kentucky. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. 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. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. THREE REGIONS, ONE PURPOSE. The land prices in Indiana and Ohio though are not unfairly gauged, though. Contacted by the Division of Enforcement? Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. This service is limited to 50 acres but waivers can be obtained for larger acreage. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. We are also well positioned to serve . 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. General Specifications. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. This is because I want my clients to have certainty. We are insured and Licensed Master Loggers in the State of Kentucky. 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. All of those things can affect how much wood can be removed and the operational costs of harvesting. 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? We are not harvesting more wood than we are growing. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. The decision to harvest may be recommended in a management plan or it may be unexpected. Now, obviously prices will range from mill. Do you want them to use existing roads or build new ones? Timber Evaluations and Price Proposals are free. 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. 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. We grade and seed damage to the land. You can learn about the numerous timber sale resources they have available by visiting here . This type of timber sale is referred to as selling stumpage. Performing this action will revert the following features to their default settings: Hooray! I do not charge for our initial meeting. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Click here for the 2022 Tax Tips for Forest Landowners.. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service andthe 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. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. In an effort to give you an idea of the sale process, let me describe it to you. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. Written notification to adjacent property owners within seven days of starting the harvest. I looked it over, and IMO they did a good job of getting what they wanted without tearing up things, but that would depend on the ease of access. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. This price was not only the lowest in the region but also the lowest among the 18 states in this report. Lexington, KY 40546-0091 Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. Youll also need to decide what you want to protect. $8.00. (75-225 yrs. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Wondering about the possibility of selling individual trees from your yard or small acreage tract? You are using an out of date browser. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. 4. 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. Mills bid on the logs on site. kraig@kentuckylandandtimber.com Baillie's locations are convenient to major North American shipping routes and seaports. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. What Is My Timber Worth, and How Do I Sell It? Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. 2. 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. One way to locate these foresters is by visiting the. The reason there is not a simple answer to this question is that there are so many variables involved that just like two snowflakes no two timber sales are exactly alike. Each timber sale is unique, so provisions of each contract may vary. Or logging company looking to sell trees or logs, Tri-State timber a call of this tree would $! State Rt 11 selling timber in kentucky, bethel, KY 42103 most timber that is not sold by a consultant is on. Wts - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced about. More wood than we are insured and Licensed Master loggers in the region but the! 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