Sell your timber by bids. Selling cut products In fact, timber cutting is one of the most important management tools for a forester. Flooring and cabinet manufacturing is likely the reason for this steady demand. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Philanthropy & Alumni Wondering about the possibility of selling individual trees from your yard or small acreage tract? Certain types of timber (i.e. . A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. 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. Partnerships are integral to NIFA's mission. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. You must log in or register to reply here. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. They can also provide guidance for establishing planting areas. Very high value timber, such as walnut or veneer white oak, may be an exception. 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. If you need to determine the value of your timber, this service should be considered. 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. 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? Lexington, KY 40546-0091 Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Logs (lumber and veneer) 40-80 yrs. 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. Seek the advice of a professional forester. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Lexington, KY 40546-0091 All timber markings performed by division foresters are based on sound forest management principals. 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. Learn more . 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. Will sharing that income with our children serve to enrich and motivate them? 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. We grade and seed damage to the land. 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. LOG LENGTH: 8'8" & 17'6". Then you may qualify for a reforestation tax credit. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. 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. Figure out what restrictions you need to protect the health of your woods before you proceed. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Pulpwood* and posts 20-30 yrs. 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. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. black cherry) are worth more than others (i.e. Maximum knot size 5". For example, take a log of 16 inches diameter x 16 . 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. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? . If you have any questions you can call or email us at: [email protected] www.warwickforestryservices.com Proper forest management is accomplished by identifying and selecting the best trees for removal. 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. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . This service is limited to 50 acres but waivers can be obtained for larger acreage. Now we are workin hard to try some other options to try to regenerate more oaks. . This may not mean that all bonded buyers are reputable but it gives you a good starting point. Logs 40-60 yrs. Extension / Oak regeneration is tough without maple grows to fast for oak to keep up with unless there is an established oak understory with well developed roots ready to take off when the canopy is taken. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. Christmas trees 7-10 yrs. The data also show there are differences with respect to the species that are being harvested. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. The time to think about a timber sale is years in advance of the actual timber sale. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. 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. Steps to Marketing Timber. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber, thinning a few times over the 35-year lifespan. How Do I Determine What Trees to Cut? We are not harvesting more wood than we are growing. Pulpwood* 20-30 yrs. You are using an out of date browser. 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. This is for at least five possible reasons. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. We do our best to put each log in the competitive market where it will bring the best returns. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. I will mark or inventory your timber in preparation for a sale. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state or surrounding states. DON'T SELL UNLESS EVERYTHING IS IN WRITING. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. 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. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. Fundamentally, steps 1 through 8 are all about being prepared and informed. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Paul is engaged in the business of selling timber and makes frequent sales. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. 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. Provide samples of timber sales contracts and bids. 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. 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. 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. 2. I do not charge for our initial meeting. Meet the directors of these agencies: the nation's 59 state foresters. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. We are buying trees for our sawmill. 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. We sell timber into many different markets as lumber, veneer, and other forest products. There are several steps you should follow before selling your timber. No high grading. Nuts 12+ yrs. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. I can get you the name of the guy my buddy went with in Mercer Co if you want. Have you received ice or other storm damage to your woodlands? 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. 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. I had a buyer tell me a tree I had marked last week was worth $1,000. Also, obtain a written timber sale contract; this is essential to all timber sales. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Click here for the 2022 Tax Tips for Forest Landowners.. . lands as if we were taking care of our own. Youll need to set some boundaries before you set out to sell. HOME; About Us; Written notification to adjacent property owners within seven days of starting the harvest. Timber is a renewable resource and cash crop that will renew itself if correctly harvested. How Can a Forester Help? Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Logs (lumber, boxes) 40-70 yrs. To get the best possible price for your timber, youll want to have several competing bids. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Dean I believe he was out of Ohio. 317- 445-2651 . There are two methods I use to market timber: This is the most valuable service to landowners. The query tool uses dropdown menus to make choices. Solutions. We begin by meeting to view your timberland. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . Contacted by the Division of Enforcement? 1. This is the most valuable service to landowners. Dean This service is limited to 50 acres but waivers can be obtained for larger acreage. 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. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. 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. 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. If you need more assistance in your timber sale than the Kentucky Division of Forestry can provide then consider contacting a consulting forester with the Kentucky Association of Consulting Foresters by visiting www.kacf.org. (30-130 yrs. The training is a three-day program, one day per week for a three-week period. Overall, the simple answer is no. Likewise, larger trees will be worth more than smaller 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 value of this tree would be $195.00 for an average of $866.00 per thousand board feet. General Specifications. Philanthropy & Alumni . S123 Ag Science North 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. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. I do know that the amount he ended up getting was way more than most offered initially. That's a rare, veneer white oak growing in excellent soil. The contract protects you. Call 317-445-2651 . You obviously had a good mixed understory ready to take off when they did the cut. We make selling timber easy. Mark your property lines 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. 270-792-4018. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: [email protected] . All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. These two sale approaches probably account for well over half of the timber sold in Kentucky. 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. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. How much is a mature oak tree worth? The decision to harvest may be recommended in a management plan or it may be unexpected. 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. Are your forestry investments structured so that they will retain their value at your death? 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. Overly mature, older trees will die of old age, diminishing the value of the forest. Are you receiving cost-share payments? Documentation of landowner to retain all rights to carbon credits. 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. An Official Website of the Commonwealth of Kentucky. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. 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. 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. Logs (lumber and veneer) 40-80 yrs. The complaint also alleges that there . JavaScript is disabled. This contract will spell out the details of the timber sale. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Megamenu; Timber Prices. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. We begin by meeting to view your timberland. 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