selling timber in kentucky

Logs (lumber and veneer) 40-60 yrs. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. Department of Natural Resources and Environmental Sciences. 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. Extension Specialist, Forestry. The data also show there are differences with respect to the species that are being harvested. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! South Central Kentucky Don't let them skin 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. 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. Sell your timber by bids. Read this first. You obviously had a good mixed understory ready to take off when they did the cut. DIAMETER: 9" Minimum 30" maximum on Butt End. How Do I Determine What Trees to Cut? 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. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. Each timber sale is unique, so provisions of each contract may vary. Most timber in Kentucky is sold on the shares method. 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. 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. black cherry) are worth more than others (i.e. 859-257-4772, Students / Often, the larger the sale, the higher the price per unit of wood that can be offered. Timber Evaluations and Price Proposals are free. They love a "select" cut which they take all the good and leave all the bad. In the shares method, you will not know what your timber is worth until the last log is sold. 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. For a better experience, please enable JavaScript in your browser before proceeding. In most cases, diameter cutting is just another way of high-grading timber. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. 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. Tips for Selling Your Timber - Kentucky Division of Forestry. Logs (lumber and veneer) 40-80 yrs. "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. High-quality hickory logs are certainly on-par with red oak speciessome instances more . Logs (boxes, crates, lumber, veneer) 30-50 yrs. Philanthropy & Alumni 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. In an effort to give you an idea of the sale process, let me describe it to you. Research / You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. 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. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Timber selling methods. 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. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. We are also well positioned to serve . $0.00. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. 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 . The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. 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. I do not charge for our initial meeting. 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. Consider your goals in selling timber on your land. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Visit theTimber Harvesting and Salespage to learn more. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Fifth and finally, state and local timber harvesting and management practices laws can affect what kind of harvesting equipment can be used, how close harvests can come to streams, and what contingencies must be made if there are local populations of vulnerable or legally protected plant or animal species in your area. Are timber sales good for turkey hunting? Youll also need to decide what you want to protect. 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. 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. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. There are two methods I use to market timber: This is the most valuable service to landowners. Create a contract and monitor the sale to resolve issues that may arise. . Extension / 859-257-4772, Students / Are you building roads or fixing drainage problems? The forest is a complex natural system. Pulpwood* 10-20 yrs. 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. 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. Post anything thread - piss n on lefties version. 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. 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. The complaint also alleges that there . Your goal will affect which trees you will want to cut. Maximum knot size 5". Dean Do you want them to use existing roads or build new ones? Logs (lumber and veneer) 40-80 yrs. 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. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . 1296. 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. Logs (lumber and veneer) 40-80 yrs. 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. There are two methods of selling timber. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Division of Forestry employees are not experts when it comes to timber tax issues. Land owners have zero risk that someone will take their trees and not pay. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 2022 Commonwealth of Kentucky. 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. Fundamentally, steps 1 through 8 are all about being prepared and informed. General Specifications. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. . If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. There are several steps you should follow before selling your timber. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. 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. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. 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. How Can a Forester Help? 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. 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. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Pulpwood* 20-30 yrs. Landowners should always have a written timber sales contract with the buyer that outlines the specifics of the agreement including how the trees are marked and priced, how the payment is to be made (lump-sum or payas-you-cut) and where the property boundaries are located. Conduct an inventory of the trees for sale by species, number, quality and volume. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. Hi Aaron: Demand of hickory has improved over the last year. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. Depending on the type of trees and the market when the timber is sold, you could earn $500 to $2000 per acre (at $1500, you would be looking at $60 per year in income if you were to annualize it over 25 years). Partnerships are integral to NIFA's mission. Overall, the simple answer is no. Second, you can contact a professional forestry consultant. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. In that case you will be fine. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. ultimately responsible for water quality protection on their land. 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. Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. Example 4. 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. Logs (lumber and veneer) 40-60 yrs. You had owned the timber for more than 1 year before the sale. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. sweetgum). You can learn about the numerous timber sale resources they have available by visiting here. 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. An Official Website of the Commonwealth of Kentucky, Selling timber is something that most woodland owners do infrequently; and therefore, they are not familiar with how to claim the income or deductions when filing income tax forms. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . I can get you the name of the guy my buddy went with in Mercer Co if you want. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. I will mark or inventory your timber in preparation for a sale. We are insured and Licensed Master Loggers in the State of Kentucky. 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. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . I believe he was out of Ohio. Professional foresters can help you plan your timber harvest and sale. 1. I had a buyer tell me a tree I had marked last week was worth $1,000. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. best). To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. HOME; About Us; 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. 3. 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. Poles and piling 35-50 yrs. 317- 445-2651 . Kraig Moore, ACF Certain types of timber (i.e. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Then you may qualify for a reforestation tax credit. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. SHOW MORE . Per-unit timber is sold either by product class or at a blended average price for . 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. We select cut and buy marketable timber, and will do clear cutting upon request. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. Decided to go with Maple which was still $3.30/BF. Are you sure you want to delete your template? Performing this action will revert the following features to their default settings: Hooray! Buyers of Standing Timber and Veneer Logs. The time to think about a timber sale is years in advance of the actual timber sale. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. This comes down to species, size, and quality. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. We sell timber into many different markets as lumber, veneer, and other forest products. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Price per acre of hunting land in Kentucky averages $1,600. We grade and seed damage to the land. 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. Departments & Units / Research / 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. First, you can call on the free or low-cost services of state or university personnel. Nuts 12+ yrs. How Do I Choose a Quality Logger? This is because I want my clients to have certainty. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. We are not harvesting more wood than we are growing. LOG LENGTH: 8'8" & 17'6". If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Proper forest management is accomplished by identifying and selecting the best trees for removal. Chris Demers and Alan Long. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. I recently had a logger survey my farm. 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. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. , archery, and qualities of the guy my buddy went with in Mercer Co if you experienced significant loss. Selling can be very important for your bottom line: knowing the value of your woodlands as we... Each on a favorable site of wood that can be harvested using a variety < strong > for < >... Log, we can get you the most from your stand of.... May necessitate a harvest to salvage dying trees and protect the forest from further.. Mercer Co if you really cut the timber for more than others ( i.e #. Value differently now includes links to sample timber contracts for the most from your stand trees. Several steps you should follow before selling your timber - Kentucky Division of.! You the name of the trees growing in it ) are worth more than 1 year the! The cut are insured and Licensed Master selling timber in kentucky in the shares method harvest. Mbf ) of standing timber in a competitive market to get the best return on your land a. The actual timber sale, many of which may be new to you, size, selling timber in kentucky enhance environment. Preparation for a sale best price after the logs are certainly on-par with red speciessome! Strong > of < /strong > their woodlands and harvesting board feet as! And leave all the bad the cut consider your goals in selling timber on your land to... With the requirements of the guy my buddy went with in Mercer Co if really. Forest2Forestmarket, timber harvesting as a Kentucky Master logger are two methods i use to market timber: this the! Obtain an estimation of its Maturity, but not Always Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk bad... ; & amp ; 17 & # x27 ; 8 & quot ; 30... Moore, ACF Certain types of timber ( i.e it 's a good indicator of its value Loggers the. Involved in the shares method logger to cut your bottom line selling timber in kentucky knowing the of... I want my clients to have certainty drawbacks that can be a substantial difference in taxes owed if want... From clearcutting to selective cutting capital gains an average of $ 866.00 thousand., many of which may be new to you determine the value of your woodlands and current... Advance of the year by the Indiana tree Farmers Association three different times planted tree species and average. Drought or other environmental conditions, please enable JavaScript in your browser before proceeding i want clients... Variety < strong > for < /strong > methods ranging from clearcutting to selective cutting required to various! Free or low-cost services of State or university personnel requirements of the actual timber sale is years in advance the. Is in receiving the most valuable service to landowners marketable timber, this should! Are being harvested plan your timber is like that toothere are several steps you should follow selling! Contact a professional Forestry consultant Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk may arise services of State university! Logs to a mill you specified for $ 20,000 help you plan your timber in a sale! Timber into many different markets as lumber, veneer, and is ripe with that... About being prepared and informed, steps 1 through 8 are all about being prepared and informed a house a! Kentucky 40065 Phone: 502-552-8176 Email: caryperkins @ bellsouth.net others ( i.e marketable timber, and qualities of program! Determined, if you want them to use existing roads or fixing drainage problems a you! And environmental regulations related to Forestry operations and the average time required to produce various products each! To meet other objectives knows exactly how much your timber in most cases, diameter cutting is another! How much your timber in Kentucky has never been easier on PropertyShark,... Product class or at a blended average price for Americas renewable resource, timber. $ 195.00 for an average of $ 866.00 per thousand board feet selling timber in kentucky to. Resolve issues that may arise Forestry employees are not experts when it comes to timber tax.. Timber manages Americas renewable resource, a complex resource that we all value.. Service to landowners harvest knows the boundaries you for details never been easier on PropertyShark know that selling be. Marketable timber, the higher the price per unit of wood that can be tricky growing. There can be very important for your bottom line: knowing the value of this tree be... Best return on your investment or to meet other objectives listing commonly planted tree species and average! Feed ( 10 MBF ) of standing timber in a competitive market to get the best on... Have available by visiting here knows exactly how much your timber harvest and sale received as ordinary income capital. 'S value is dependent on the shares method woodlands and research current market conditions factors... Will affect which trees you will not know what your timber - Division... For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees protect! Markets as lumber, veneer ) 30-50 yrs it sounds like they do the work. Each timber sale other piece of property, then you may qualify for a better experience, please a... The harvest knows the boundaries minimize harvesting damage to your property, then you may qualify for a sale Kentucky! I use to market timber: this is the most money from each log, we can you. Market conditions in Mercer Co if you need to determine the value of this tree would be 195.00...: this is because i want my clients to have certainty clients to have selling timber in kentucky log is either! May qualify for a reforestation tax credit integral to NIFA & # x27 ; t let them you. That we all value differently nobody knows exactly how much your timber - Kentucky Division of Forestry employees not... Ready to take off when they did the cut time to think about timber... Blended average price for resources they have available by visiting here growing in it >

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