Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. The contract protects you. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Are your forestry investments structured so that they will retain their value at your death? Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Logs (boxes, crates, lumber, veneer) 30-50 yrs. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. One way to locate these foresters is by visiting the. Everyone talking money don't let them ruin your forestland. Read this first. Pulpwood* and posts 20-30 yrs. See below. Professional foresters can help you plan your timber harvest and sale. If youve decided to harvest and sell some of your timber, heres what you need to do: Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. There are many reasons why a landowner might choose to sell timber. Extension / 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. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Consult a forester before you sell any timber, he recommended. Philanthropy & Alumni How much is a mature oak tree worth? Do you want them to use existing roads or build new ones? Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! We begin by meeting to view your timberland. Lexington, KY 40546-0091 All rights reserved. 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. Higher costs translate into lower prices offered. The purpose of marking is to improve the quality of the stand of timber for the future. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. There are two methods I use to market timber: This is the most valuable service to landowners. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. The cost for this service is $10per 1,000 board feet. 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. 2. Tip: Contracts Should Include How the trees will be marked. This will give you a % of all trees marked & cut. You had owned the timber for more than 1 year before the sale. I will mark or inventory your timber in preparation for a sale. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. Dean If you need to determine the value of your timber, this service should be considered. I can get you the name of the guy my buddy went with in Mercer Co if you want. You also need adequate time to manage for the trees that will later occupy the site ensuring that the future forest that will take the place of the harvested timber is of the right species mix, size, and vigor so that it is as productive and healthy as possible. We offer a real hands on approach to buying timber. We are buying trees for our sawmill. . Depending on what you have growing on your land, you'll have a different value. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. You must log in or register to reply here. Diffantly get more that one person to look at it. 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. 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. The service provided by the division is to assist you with implementation of your forest stewardship plan. 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. Per-unit timber is sold either by product class or at a blended average price for . The training is a three-day program, one day per week for a three-week period. LOG LENGTH: 8'8" & 17'6". The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. You end up with a maple monoculture or if your lucky there is some beech mixed in. Steps to Marketing Timber. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. 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. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. General Specifications. Nuts 20+ yrs. 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. THREE REGIONS, ONE PURPOSE. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. How Do I Choose a Quality Logger? Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . Learn more . Christmas trees 8-15 yrs. 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. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. This is because I want my clients to have certainty. We are insured and Licensed Master Loggers in the State of Kentucky. We begin by meeting to view your timberland. Learn more about your timber sale contract here. Price per acre of hunting land in Kentucky averages $1,600. This type of timber sale is referred to as selling stumpage. DON'T SELL UNLESS EVERYTHING IS IN WRITING. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. We are not middlemen or brokers, so we can pay top dollar for your trees. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. This service is limited to 50 acres but waivers can be obtained for larger acreage. 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). That's a rare, veneer white oak growing in excellent soil. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Division of Forestry employees are not experts when it comes to timber tax issues. . Additionally, we . Select cut after select cut tend to lead to a maple dominated forest. 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. The decision to harvest may be recommended in a management plan or it may be unexpected. 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. Christmas trees 7-10 yrs. Delivered Wood Price Benchmarks; . black cherry) are worth more than others (i.e. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. Most of ours is maple beech due to the same type of cutting several times. Sell your timber by bids. Prices based on woods run of timber. You can learn about the numerous timber sale resources they have available by visiting here. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. Pulpwood* 20-30 yrs. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. So when you sell timber, give Tri-State Timber a call. *Prices shown are based on per ton stumpage price. 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. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller 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. Bowling Green, KY 42103 Are you building roads or fixing drainage problems? 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 you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. Here is a list of situations/activities that may affect the way you file your income tax returns. How Can a Forester Help? Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. How the payment is to be made. I do know that the amount he ended up getting was way more than most offered initially. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . We select cut and buy marketable timber, and will do clear cutting upon request. Call 317-445-2651 . Have you and a neighbor traded some woodlands for better management opportunities? Step 1. Selling timber. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. We not only take care of your property, we also pay you top prices for your trees. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. I would say you got lucky. An Official Website of the Commonwealth of Kentucky. The land prices in Indiana and Ohio though are not unfairly gauged, though. Fundamentally, steps 1 through 8 are all about being prepared and informed. Often, the larger the sale, the higher the price per unit of wood that can be offered. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. Extension Specialist, Forestry. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Advise landowners about timber trespass laws. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. $0.00. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. $0.00. best). 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. 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. 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. Logs (lumber and veneer) 40-80 yrs. Overly mature, older trees will die of old age, diminishing the value of the forest. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Selling white oak trees and veneer is a very important process when selling timber. Have you received ice or other storm damage to your woodlands? 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. This price was not only the lowest in the region but also the lowest among the 18 states in this report. sweetgum). Program Planning and Administration Branch, Quality Assurance and Standard Operating Procedures, Purchase of Agricultural Conservation Easements, Develop Your Agriculture Water Quality Plan, Forest Stewardship Program and Landowner Services, Mine Permits and Mine Reclamation and Enforcement Regulations and Statutes, Abandoned Mine Lands Regulations and Statutes, Kentucky Mine Safety Review Commission Regulations and Statutes, Kentucky's Energy Statutes and Regulations, Find Information on Distributed Energy Resources, Environmental Education, Research, and Recreation, Apple Valley Glades State Nature Preserve, Blue Licks Battlefield State Park and Nature Preserve, Boone Cliffs and Dinsmore Woods State Nature Preserves, Cumberland Falls State Park and Nature Preserve, Eastview and Springhouse Barrens State Nature Preserves, Frances Johnson Palk State Nature Preserve, Younger's Creek/Jim Scudder State Nature Preserve, Kingdom Come State Park and State Nature Preserve, Lower Howard's Creek Nature & Heritage Preserve, Natural Bridge State Park and Nature Preserve, Obion Creek and Murphy's Pond State Nature Preserve, Pine Mountain State Park State Nature Preserve, Raymond Athey Barrens State Nature Preserve, Stone Mountain Wildlife Management Area and State Natural Area, Thompson Creek Glade State Nature Preserve, Kentucky River Palisades/Tom Dorman State Nature Preserve, Hall Hill/Vernon-Douglas State Nature Preserve, Breckinridge County Wildlife Education Park, Fort Donelson National Battlefield (Fort Heiman Unit), Kentucky Ridge State Forest and Wildlife Management Area, Perryville Battlefield State Historic Site, Knobs State Forest and Wildlife Management Area, Carter Caves State Park and Nature Preserves, John James Audubon State Park and Nature Preserve, KSU Environmental Education and Research Center, William Whitley House State Historic Site. 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