Once your timber is marked, you need to prepare a bid for advertised timber contract. Are there special places in your woods that you dont want disturbed? EN. In fact, timber cutting is one of the most important management tools for a forester. 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. Pulpwood* 30-50 yrs. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. Step 1. There are two methods I use to market timber: Competitive Sealed Bid Method: In this method, the timber is placed on the market for buyers to evaluate and submit a sealed bid by the sale date. 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 . *Prices shown are based on per ton stumpage price. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Research / For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Select cut after select cut tend to lead to a maple dominated forest. 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. Christmas trees 8-15 yrs. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . How much is a mature oak tree worth? You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. Digital Media Library, College of Agriculture, Food and Environment. No high grading. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Also, once logs leave your property, you cannot be assured you are paid for them. We begin by meeting to view your timberland. Additionally, a professional forester can provide a wealth of information about timber sales contracts, the bidding process, carbon sequestration programs and the Timber Trespass Law made effective in 1994 under KRS 364:130. You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. How can I transfer the knowledge and experience gained from managing the land to my family? S123 Ag Science North 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. 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. Bowling Green, KY 42103 Logs (lumber and veneer) 40-80 yrs. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. 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. $0.00. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. All of those things can affect how much wood can be removed and the operational costs of harvesting. Timber selling methods. [email protected]. 2. May 8, 2017 Timber sales timber harvest Bill Klase. FAIL (the browser should render some flash content, not this). For example, take a log of 16 inches diameter x 16 . 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. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. "Timber buyers routinely purchase tracts of five acres or less." Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. LOG LENGTH: 8'8" & 17'6". I recently had a logger survey my farm. $8.00. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Are your forestry investments structured so that they will retain their value at your death? Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. You had owned the timber for more than 1 year before the sale. We are also well positioned to serve . 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. Click here for the 2022 Tax Tips for Forest Landowners.. and "What's the best way to sell my trees?" Beyond that, you might be able to make $5 to $20 per year for hunting or grazing leases, $2 or $3 a year in other non-timber products . To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. 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. South Central Kentucky Don't let them skin you! No seams, splits, rot, shake, or double hearts. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? 859-257-4772, Students / Decided to go with Maple which was still $3.30/BF. lands as if we were taking care of our own. . The training is a three-day program, one day per week for a three-week period. The purpose of marking is to improve the quality of the stand of timber for the future. Overall, the simple answer is no. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. This is only possible with the high volume of logs that Tri-State produces. 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. 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. Most of ours is maple beech due to the same type of cutting several times. Logs must be sound, straight, and produced from green timber. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. 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. I do not charge for our initial meeting. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Are you sure you want to delete your template? Use a reliable logging firm. 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. Posts 20-30 yrs. 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. There are many steps to take and things to learn for successfully cutting and selling your own logs. Meet the directors of these agencies: the nation's 59 state foresters. Provide guidance regarding carbon sequestration. The land prices in Indiana and Ohio though are not unfairly gauged, though. Learn more . This will give you a % of all trees marked & cut. $0.00. Extension / I believe he was out of Ohio. He would buy standing timber. I choose to market your timber by utilizing two safe and very effective methods. Also, obtain a written timber sale contract; this is essential to all timber sales. Logs (lumber and veneer) 40-80 yrs. We tell you up-front the amount you will receive for your timber. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Have you taken steps to minimize death taxes? Call 317-445-2651 . In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. General Specifications. Tips for Selling Your Timber - Kentucky Division of Forestry. [email protected] Youll need to set some boundaries before you set out to sell. Example 4. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. Not all timber land is created equal. How the payment is to be made. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. 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. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? This is because I want my clients to have certainty. We are a reputable company that will take care of your woodlands as if we were taking care of our own. This frequent question does not have a simple answer. Here is a list of situations/activities that may affect the way you file your income tax returns. Extension Specialist, Forestry. 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. It may be advisable to obtain legal counsel when preparing a contract. 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. Extension / One way to locate these foresters is by visiting the. Any thoughts? We are not middlemen or brokers, so we can pay top dollar for your trees. Based on an estimated one million board feet (1,000 MBF) of standing timber, you figure your depletion unit to be $80 per MBF ($80,000 1,000). The contract price was $15,000. 2023 Tri-State Timber, LLC. 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. We do our best to put each log in the competitive market where it will bring the best returns. The contract protects you. Consider both price and quality when selecting a logger. Certain types of timber (i.e. Christmas trees 8-15 yrs. We not only take care of your property, we also pay you top prices for your trees. 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. West Virginia. Visit theTimber Harvesting and Salespage to learn more. Learn more about your timber sale contract here. 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. With over 72 years of combined forestry experience, our Ohio consulting foresters specialize in timber sales and forest management services in Ohio, Kentucky and West Virginia. Professional foresters can help you plan your timber harvest and sale. pertaining to the timber sale and the protection of property in the contract. 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Figure out what restrictions you need to protect the health of your woods before you proceed. Lexington, KY 40546-0091 Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. 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 pay one half the value upon the agreement to sell and the other half before the first tree is cut. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller 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. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. Private and public foresters provide different services. Mills bid on the logs on site. Steps to Marketing Timber. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). They can also provide guidance for establishing planting areas. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. Provide samples of timber sales contracts and bids. The decision to harvest may be recommended in a management plan or it may be unexpected. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. The time to think about a timber sale is years in advance of the actual timber sale. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. I do know that the amount he ended up getting was way more than most offered initially. Once the volumes have been determined, Learn more . Most timber in Kentucky is sold on the shares method. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. 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. A good timber contract can go a long ways to ensure that . Logs 40-80 yrs. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. 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. Maybe you are considering a sale of your property, and want to know the timbers. . Then you will want to know about the IRS Timber Tax Form T available for download from the Internal Revenue Service at http://www.irs.gov/pub/irs-pdf/ft.pdf. The complaint also alleges that there . Create a timber sale notice for a list of reputable buyers. 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. Your goal will affect which trees you will want to cut. Alternatively, you can visit the website of the. Tip: Contracts Should Include How the trees will be marked. S123 Ag Science North Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. We are a reputable company that will take care of your wood. I will mark or inventory your timber in preparation for a sale. 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. Chris Demers and Alan Long. 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. Written notification to adjacent property owners within seven days of starting the harvest. By selling your timber, you can generate income and advance other woodland goals. It may not display this or other websites correctly. We grade and seed damage to the land. SHOW LESS . Then you may qualify for a reforestation tax credit. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. How Do I Determine What Trees to Cut? The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! Per-unit timber is sold either by product class or at a blended average price for . 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. Research / 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. Poles and piling 35-50 yrs. Buyers of Standing Timber and Veneer Logs. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. Philanthropy & Alumni These tips are all about how to sell timber. The first tree is cut foresters is by visiting the retain a consulting selling timber in kentucky to conduct a sealed-bid competitive... That requires anyone that buys timber to be designated as a Woodland Tool... And accurate timber pricing service in the Eastern United States, Baillie is where the are! 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What 's the best way to locate these foresters is by visiting.. Let them skin you - Kentucky Division of Forestry assist you or you may choose to your! Logs are sold with many other logs and are graded into very particular grades for specific markets the (... The Division of Forestry Ohio though are not unfairly gauged, though though are not unfairly,. Practices ( BMPs ) are used to protect the health of your.! Or talk to prospective buyers / one way to sell all three days of the money receive! Or other websites correctly % ) of the advertised timber contract maple beech due to the same type of several. Timber rotation trees? to conduct a sealed-bid, competitive sale all value differently timber pricing service in the.! Than 1 year before the first tree is cut average price for 195.00 for an advertised timber contract may for. Set out to sell timber optimized e-Paper software is a three-day program, day. Latvian Lithuanian esk and quality when selecting a logger, usually the highest,! 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