Christmas trees 8-15 yrs. Tip: Contracts Should Include How the trees will be marked. Contacted by the Division of Enforcement? 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. Division of Forestry employees are not experts when it comes to timber tax issues. Pulpwood* and posts 15-25 yrs. Where the property boundaries are located. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. See below. Visit theTimber Harvesting and Salespage to learn more. One way to locate these foresters is by visiting the. Step 1. Are timber sales good for turkey hunting? Timber sales are the main service I provide. "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. My father-in-law bought timber for years. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. 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. 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. This will give you a % of all trees marked & cut. 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. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Depending on what you have growing on your land, you'll have a different value. 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. Pulpwood* 20-30 yrs. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. 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. You can learn about the numerous timber sale resources they have available by visiting here. How Do I Determine What Trees to Cut? There are many steps to take and things to learn for successfully cutting and selling your own logs. 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. Megamenu; Timber Prices. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. This service is limited to 50 acres but waivers can be obtained for larger acreage. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Not all timber land is created equal. best). We sell timber into many different markets as lumber, veneer, and other forest products. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. 317- 445-2651 . The decision to harvest may be recommended in a management plan or it may be unexpected. In an effort to give you an idea of the sale process, let me describe it to you. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? pertaining to the timber sale and the protection of property in the contract. Private and public foresters provide different services. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. 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. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. I recently had a logger survey my farm. Bowling Green, KY 42103 I do know that the amount he ended up getting was way more than most offered initially. Logs (lumber, boxes) 40-70 yrs. Create a contract and monitor the sale to resolve issues that may arise. 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. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. . Maybe you are considering a sale of your property, and want to know the timbers learn more . Are you receiving cost-share payments? Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. 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. If you need to determine the value of your timber, this service should be considered. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. We begin by meeting to view your timberland. Lexington, KY 40546-0091 The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. 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. Do you want the loggers to follow certain rules? The service provided by the division is to assist you with implementation of your forest stewardship plan. Learn more about your timber sale contract here. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. 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. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. All timber markings performed by division foresters are based on sound forest management principals. 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 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. Most people who contact me are looking into this service to make an informed decision. Your basis for the timber is $80,000. White oak is currently an abundant tree with many wildlife attributes but strong market demand and the increasing difficulty in regenerating it, especially on better quality sites creates some concern for it in the long-term. Pulpwood* 30-50 yrs. Partnerships are integral to NIFA's mission. Steps to Marketing Timber. Likewise, larger trees will be worth more than smaller trees. Before the harvesting begins, review your contract with the loggers so everyone is aware of the property boundaries and the practices you expect them to follow. Browse through Kentucky cheap homes for sale and get instant access to relevant information, including property descriptions, photos and maps.If you're looking for specific price intervals, you can also use the filtering options to check out cheap homes for sale under $300,000, $200,000, $100,000 and $50,000. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller 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. I would say you got lucky. This contract will spell out the details of the timber sale. In most cases, diameter cutting is just another way of high-grading timber. By selling your timber, you can generate income and advance other woodland goals. Diffantly get more that one person to look at it. THREE REGIONS, ONE PURPOSE. Visitors to our timber and log price information on the web page are often looking for answers to two simple questions: "What is my timber worth?" If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? Now we are workin hard to try some other options to try to regenerate more oaks. Pulpwood* 10-20 yrs. The data also show there are differences with respect to the species that are being harvested. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Read this first. Tips for Selling Your Timber - Kentucky Division of Forestry. I do not charge for our initial meeting. 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. Logs 40-60 yrs. This service is limited to 50 acres but waivers can be obtained for larger acreage. Do you want them to use existing roads or build new ones? Pulpwood* and posts 15-30 yrs. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. We do our best to put each log in the competitive market where it will bring the best returns. 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. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. The query tool uses dropdown menus to make choices. Why Sell Timber? 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. Prices based on woods run of timber. 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. 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. 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. Most cuts like that maple take over. 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. We offer a real hands on approach to buying timber. Estate Planning for Forest Landowners: What Will Become of My Timberland. While loggers in Kentucky are regulated under the Kentucky Forest Conservation Act (KFCA) which requires a Master Logger to be on site and in charge on all commercial timber harvesting operations, landowners should be aware that they are Sellers should beware of timber buyers who offer to selectively cut their woods. Lexington, KY 40546-0091 His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Extension / Are you building roads or fixing drainage problems? 859-257-4772, Students / Nuts 12+ yrs. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Any thoughts? Digital Media Library, College of Agriculture, Food and Environment. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. Logs (lumber and veneer) 40-60 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. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. 3. Cost-Share Payments Are you receiving cost-share payments? 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. Have you and a neighbor traded some woodlands for better management opportunities? Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. 2. Proper forest management is accomplished by identifying and selecting the best trees for removal. Sell your timber by bids. Provide guidance regarding carbon sequestration. All the bids are then opened on the day of the sale. 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. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Logs (lumber and veneer) 40-80 yrs. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. Christmas trees 7-10 yrs. 4. Additionally, we . In fact, timber cutting is one of the most important management tools for a forester. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. We tell you up-front the amount you will receive for your timber. 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. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. 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I do not sell timber on the shares method. Decided to go with Maple which was still $3.30/BF. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Poles and piling 35-50 yrs. $8.00. Consult a forester before you sell any timber, he recommended. We are also well positioned to serve . Now, obviously prices will range from mill. 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. Logs 40-60 yrs. tweet share email. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. 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. I do not charge for our initial meeting. 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? SHOW LESS . Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. Provide samples of timber sales contracts and bids. Timber is a renewable resource and cash crop that will renew itself if correctly harvested. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. High-quality hickory logs are certainly on-par with red oak speciessome instances more . With several production facilities in the Eastern United States, Baillie is where the hardwoods are. 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 . 1296. 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. It may be advisable to obtain legal counsel when preparing a contract. 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 values may fluctuate wildly based on the species being harvested, their quality, their volume per acre and per tree, the distance to markets, logging difficulty level, time of year, contract restrictions, as well as current market conditions. Once your timber is marked, you need to prepare a bid for advertised timber contract. Buyers of Standing Timber and Veneer Logs. $0.00. 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. In the shares method, you will not know what your timber is worth until the last log is sold. 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