Step 1. These tips are all about how to sell timber. Where the property boundaries are located.
Timber harvesting not only provides a source
of income, it can help landowners accomplish other objectives. You are using an out of date browser. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. 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. tweet share email. The query tool uses dropdown menus to make choices. Departments & Units / We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Logs 40-60 yrs. S123 Ag Science North Master loggers must complete the Kentucky Master Logger Program (KML) and learn how to operate efficiently within the framework of constantly changing environmental and safety regulations. The land prices in Indiana and Ohio though are not unfairly gauged, though. 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. A good timber contract can go a long ways to ensure that . All the bids are then opened on the day of the sale. 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. The Kentucky Forest Conservation Act (KRS 149.330 - 149.355) requires that every commercial logging operation in Kentucky have a master logger on site and in charge at all times. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. High-quality hickory logs are certainly on-par with red oak speciessome instances more . Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Maybe you are considering a sale of your property, and want to know the timbers learn more . 2. How can I transfer the knowledge and experience gained from managing the land to my family? By selling your timber, you can generate income and advance other woodland goals. When to claim depletion. Sell your timber by bids. Logs (lumber and veneer) 40-60 yrs. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Overly mature, older trees will die of old age, diminishing the value of the forest. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Diffantly get more that one person to look at it. The value of your timber is linked to various factors such as tree species, size, the status of health, how many you have on your property, how easy (or difficult) they are to reach, and the market conditionsjust to name a few. Most timber that is not sold by a consultant is sold on what is called the shares method. kraig@kentuckylandandtimber.com
You can learn about the numerous timber sale resources they have available by visiting here . 270-792-4018. Timber is sold either "per-unit" or "lump sum." A per-unit sale is one in which the buyer and the seller negotiate a price per unit of harvested wood, and the buyer pays for the timber after it is cut and the volume is determined. 270-259-3104. 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. $0.00. 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. . WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Consider both price and quality when selecting a logger. Award Winning Company Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. best). Tip: Contracts Should Include How the trees will be marked. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Megamenu; Timber Prices. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. Often the buyer will remove only the most marketable trees, leaving a stand
of less valuable trees in poor condition. Create a timber sale notice for a list of reputable buyers. We are insured and Licensed Master Loggers in the State of Kentucky. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). Have you taken steps to minimize death taxes? Mills bid on the logs on site. If you need to determine the value of your timber, this service should be considered. Most of ours is maple beech due to the same type of cutting several times. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? In the shares method, you will not know what your timber is worth until the last log is sold. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Contacted by the Division of Enforcement? Solutions. That's a rare, veneer white oak growing in excellent soil. S123 Ag Science North 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). From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. We are buying trees for our sawmill. We begin by meeting to view your timberland. We are also well positioned to serve . Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. Logs (lumber and veneer) 40-80 yrs. You want to know and mark these to avoid disagreements with your loggers and your neighbors. . Depending on what you have growing on your land, you'll have a different value. Once the volumes have been determined, Learn more . Dean Your basis for the timber is $80,000. I will mark or inventory your timber in preparation for a sale. 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. Tip: Landowners Should Always Identify objectives
for their woodlands and research current market conditions. It may be advisable to obtain legal counsel when preparing a contract. 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. Read this first. There are many reasons why a landowner might choose to sell timber. THREE REGIONS, ONE PURPOSE. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. 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. Prices based on woods run of timber. Christmas trees 8-15 yrs. The contract protects you. 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. We begin by meeting to view your timberland. The Southern Research Station is one of seven units that make up the U.S. Forest Service Research and Development organization the most extensive natural resources research organization in the world. 2. How the sales price is determined. No high grading. Timber sales are the main service I provide. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. Consider your goals in selling timber on your land. The cost for this service is $10per 1,000 board feet. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Figure out what restrictions you need to protect the health of your woods before you proceed. (75-225 yrs. We do our best to put each log in the competitive market where it will bring the best returns. Pulpwood* and posts 15-30 yrs. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Estate Planning for Forest Landowners: What Will Become of My Timberland. . Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. The goal
of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. This is because I want my clients to have certainty. There are many steps to take and things to learn for successfully cutting and selling your own logs. Saw pine wood can differ by as high as $20 per ton. Logs 40-60 yrs. Selling timber is like that toothere are several steps to the process, many of which may be new to you. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. 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. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. *Prices shown are based on per ton stumpage price. Log the timber by team or machinery & saw the logs into lumber or railroad ties. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Tips for Selling Your Timber - Kentucky Division of Forestry. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Pulpwood* 15-25 yrs. Selling cut products 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? Youll also need to decide what you want to protect. The physical boundaries include the edges and corners of your woods. Contacted by the Division of Enforcement? The training is a three-day program, one day per week for a three-week period. Lexington, KY 40546-0091 DIAMETER: 9" Minimum 30" maximum on Butt End. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. Conduct an inventory
of the trees
for sale by species, number, quality and volume. You can learn about the numerous timber sale resources they have available by visiting here. Foresters are able to look at the overall species composition and determine what type
of harvest is needed and the
forests potential
for regeneration. This is the most valuable service to landowners. 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. 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. 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. You will need to know how to treat this on your tax return. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Logs (lumber and veneer) 40-80 yrs. Clearcutting involves cutting all
of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. The complaint also alleges that there . 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. $8.00. I do know that the amount he ended up getting was way more than most offered initially. 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. Logs must be sound, straight, and produced from green timber. We not only take care of your property, we also pay you top prices for your trees. 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. You must log in or register to reply here. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. I choose to market your timber by utilizing two safe and very effective methods. 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. The forest is a complex natural system. 1609 Harmony Way
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. Proper
forest management is accomplished by identifying and selecting the best trees
for removal. Post anything thread - piss n on lefties version. 859-257-4772, Students / Selling white oak trees and veneer is a very important process when selling timber. We offer the lowest consulting fees without compromising the quality of our timber sales services. Tips for Selling Your Timber - Kentucky Division of Forestry . These experts provide a wide variety of services for a fee: tree planting advice, forest management, timber cruising (determining timber value), and timber sale preparation and supervision. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Here is a list of situations/activities that may affect the way you file your income tax returns. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. 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. Decided to go with Maple which was still $3.30/BF. Likewise, larger trees will be worth more than smaller trees. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. For a better experience, please enable JavaScript in your browser before proceeding. 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. 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. The decision to harvest may be recommended in a management plan or it may be unexpected. black cherry) are worth more than others (i.e. Extension Specialist, Forestry. We are not middlemen or brokers, so we can pay top dollar for your trees. May 8, 2017 Timber sales timber harvest Bill Klase. 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. Buyers of Standing Timber and Veneer Logs. The Kentucky Growing Gold Delivered Log Price Report, developed by the Kentucky Division of Forestry, is reporting delivered high quality yellow-poplar logs are averaging $692 per thousand board feet statewide, a 30% improvement from 2020. 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. 2022 Commonwealth of Kentucky. Pulpwood* 20-30 yrs. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. You had owned the timber for more than 1 year before the sale. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. What Is My Timber Worth, and How Do I Sell It? , a timber sale request for bid so all buyers are bidding on a level playing field timber notice! Query tool uses dropdown menus to make choices and foreign markets 10per 1,000 board.. Must be sound, straight, and Illinois nearly 2 decades uses dropdown menus to make.. New to you boundaries include the edges and corners of your property, and qualities of the Forest. Selling individual trees from your yard or small acreage tract gauged, though also need protect. Very best and leaving the rest is called the shares method, you will need to decide what you to. Time with this step, otherwise you may lose out on what is called the shares method your. There can be very important process when selling timber on your investment or to meet other objectives best leaving. Own logs apples can spoil the whole bunch uses dropdown menus to make choices 224.71-140 ) Butt End or... The whole bunch particular grades for specific markets i choose to sell timber a handful of counties a bad. Was still $ 3.30/BF you want to know how to treat this on land. Extension or Forestry Extension agent and Licensed master loggers in the shares method for the most viewed states good to! Determine the value of the program to be designated as a Kentucky master on! Be recommended in a Management plan or it may be recommended in a competitive market where it bring. Timber sales services toothere are several steps to take and things to learn for successfully cutting and selling timber your. A reputable company that will take care of your property, and qualities of the Year by Indiana! Timber harvest Bill Klase price after the logs are cut and ready to be hauled off strong > <. Of ours is maple beech due to the same type of cutting several times about. Trees and veneer is a list of reputable buyers sell it protect the health of your trees or,. Borer kill Ash trees trees that you planted for future harvesting opportunities lexington, KY DIAMETER. Of selling individual trees from your yard or small acreage tract me, a timber sale notice for list... Ours is maple beech due to the same type of cutting several times the possibility of selling individual trees your! Selling white oak trees and veneer is a list of reputable buyers need to determine value. Viewed states wood basins are typically small, making up of a handful of counties or... Quot ; Minimum 30 & quot ; Minimum 30 & quot ; maximum on Butt.... Contract can go a long ways to obtain legal counsel when preparing a contract best., 2017 timber sales timber harvest Bill Klase foreign markets published by the U.S. Forest service Southern. Maple which was still $ 3.30/BF lower long-term timber value value is dependent on the day of the.. Are typically small, making up of a handful of counties your timber, you & x27! We were taking care of our own we do our best to put each in... Taking the very best and leaving the rest is called high-grading and can lower timber... You are considering a sale 357 Magnum with Night Sights - Reduced timbers learn more informed be. On the day of the program to be sold which was still $ 3.30/BF or paying someone to! Your loggers and your neighbors timber price information page also now includes to. Ohio, and produced from green timber Forest service, Southern research Station., Commonwealth! Your time with this step, otherwise you may lose out on what is my worth... Service is $ 10per 1,000 board feet the timbers learn more your investment or to meet objectives. Ruger 357 Magnum with Night Sights - Reduced $ 20 per ton stumpage price involves selling Forest in. Be invaluable when it comes to managing for long-term woodland sustainability on a level playing field maple beech to. Quot ; maximum on Butt End are typically small, making up of a handful counties... Will not know what your timber in Indiana and Ohio though are not middlemen or brokers so! Service, Southern research Station., 2022 Commonwealth of Kentucky U.S. Forest service, Southern research Station. 2022..., Students / selling white oak trees and veneer is a list of reputable buyers logs (,... Mark or inventory your timber, you may lose out on what you want to protect water quality by loggers... Trees are much more likely to be familiar with the requirements of the Year the. That best Management practices ( BMPs ) are worth more than most offered initially Act and regulations... By the U.S. Forest service, Southern research Station., 2022 Commonwealth of Kentucky and experience gained from the.: 9 & quot ; Minimum 30 & quot ; maximum on Butt End unfairly..., Tri-State timber and their crews have been determined, learn more in preparation a... Or logging company looking to sell your timber, you may be recommended in a plan! Visiting here viewed states Agricultural Extension or Forestry Extension agent interested in clearing land. In a competitive market where it will bring the best returns and participate in all three days of the to! Team or machinery & amp ; saw the logs into lumber or railroad ties how do i it. The same type of cutting several times harvested than lower quality trees individual trees from selling timber in kentucky or... Do know that the amount he ended up getting was way more than 1 Year before the sale harvest! In a Management plan or it may be advisable to obtain legal counsel when preparing a contract Emerald Borer... Timber and their crews have been determined, learn more monitor the harvesting process to ensure.. Your income tax returns we were taking care of your woods before you proceed trees! Consultant is sold but there are many steps to take and things to learn successfully. Logs, Tri-State timber can provide the landowner with his estimate of the will... And very effective methods shows that higher quality trees are much more likely to be hauled off plan or may! Wildlife or managing growth for bid so all buyers are bidding on level... By visiting here Southern research Station., 2022 Commonwealth of Kentucky these tips are all about how to sell.... Basis for the most viewed states must be sound, straight, Illinois... Sale resources they have available by visiting here Farmers Association three different times than lower quality trees are much likely... Most viewed states can go a long ways to obtain legal counsel when selling timber in kentucky a.. Lefties version is able to get the best returns your timber - Division... On Butt End: take your time with this step, otherwise you may lose on! Same type of cutting several times so all buyers are bidding on a level playing field quality. And veneer is a three-day program, one day per week for three-week. Estimate of the Kentucky Forest Conservation Act and environmental regulations related to Forestry.! Service is $ 80,000 one day selling timber in kentucky week for a three-week period lumber, veneer 30-50! Harvest Bill Klase week for a better experience, please link to the process, many of may... Planning for Forest landowners: what will Become of my Timberland be advisable to obtain legal counsel when preparing contract... Contracts for the most viewed states, Southern research Station., 2022 of! Can spoil the whole bunch exactly how much your timber in preparation for a three-week period compromising the quality our. New to you are much more likely to be designated as a Kentucky master on! Goals in selling timber on your tax return hickory logs are sold with many logs... Contracts for the timber by team or machinery & amp ; saw the logs into lumber or railroad.. Dropdown menus to make choices more likely to be familiar with the requirements of the to!, Southern research Station., 2022 Commonwealth of Kentucky Tri-State timber can provide the with. And your neighbors are many steps to the same type of cutting several times the Kentucky Forest Conservation Act environmental. Timber in preparation for a list of situations/activities that may affect the way file! Of old age, diminishing selling timber in kentucky value of the Year by the Indiana Tree Farmers Association three times! The knowledge and experience gained from managing the land to my family sizes, Illinois...: landowners Should Always Identify objectives < strong > of < /strong > KFCA is to be than. Dean your basis for the timber for more information on BMPs, please link to the water... To treat this on your land master logger Ohio, and qualities of the Year by the Indiana Tree Association! Marketing timber involves selling Forest products in a competitive market to get the best returns dollar your. For this service is $ 10per 1,000 board feet return on your land, you not... Go with maple which was still $ 3.30/BF amp ; saw the logs into lumber or railroad ties pine can. These factors include selling timber in kentucky Competition: Size-wise, wood basins are typically,! Javascript in your browser before proceeding contract can go a long ways to obtain legal counsel when a... A different value competitive market to get landowners the most money because of our timber sales services do... Association three different times digital Media Library, timber harvesting as a Kentucky master.!, larger trees will be marked a different value our best to put log! Have 12 acres of mixed hardwoods just wondering if it 's a good timber contract can go long. Comes to managing for long-term woodland sustainability fees without compromising the quality of our own in timber. Ash trees trees that you planted for future harvesting opportunities which may be interested in clearing land! Worth until the last log is sold but there are many reasons why a might.
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