All timber markings performed by division foresters are based on sound forest management principals. JavaScript is disabled. Overall, the simple answer is no. That's a rare, veneer white oak growing in excellent soil. They say if you have big walnut trees that are straight with not a lot of limbs you can get a lot of money for them, ship them to China for veneer. Partnerships are integral to NIFA's mission. 270-259-3104. 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. Your goal will affect which trees you will want to cut. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Where the property boundaries are located. . Here is a list of situations/activities that may affect the way you file your income tax returns. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. The physical boundaries include the edges and corners of your woods. 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. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. 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. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. We tell you up-front the amount you will receive for your timber. $8.00. Youll need to set some boundaries before you set out to sell. Logs 40-80 yrs. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Pulpwood* 10-20 yrs. We are not harvesting more wood than we are growing. Dean CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. Pulpwood* and posts 20-30 yrs. Tips for Selling Your Timber - Kentucky Division of Forestry. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. 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. The price per BF was different from tree to tree I believe, and they left a lot of the younger walnuts and told him that he could log them in 15 years or so. Also, obtain a written timber sale contract; this is essential to all timber sales. 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. 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. 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. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. We not only take care of your property, we also pay you top prices for your trees. 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. Land owners have zero risk that someone will take their trees and not pay. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. The data also show there are differences with respect to the species that are being harvested. 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. SHOW LESS . Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. 2022 Commonwealth of Kentucky. We sell timber into many different markets as lumber, veneer, and other forest products. 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. Buyers of Standing Timber and Veneer Logs. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. 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. Now we are workin hard to try some other options to try to regenerate more oaks. 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. By carefully planning your sale and contacting a professional forester for assistance before you begin harvesting, you can go a long way to ensuring a successful timber sale. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. 1609 Harmony Way Most timber that is not sold by a consultant is sold on what is called the shares method. *Prices shown are based on per ton stumpage price. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Flooring and cabinet manufacturing is likely the reason for this steady demand. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. 859-257-4772, Students / Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. 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. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. One way to locate these foresters is by visiting the. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. Poles and pilings 40-50 yrs. Marketing timber is difficult when your knowledge of the resource is limited. The service provided by the division is to assist you with implementation of your forest stewardship plan. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. 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. Maximum knot size 5". May 8, 2017 Timber sales timber harvest Bill Klase. Do you want them to use existing roads or build new ones? 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. You can learn about the numerous timber sale resources they have available by visiting here . You had owned the timber for more than 1 year before the sale. tweet share email. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. 4. "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. We do our best to put each log in the competitive market where it will bring the best returns. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. You obviously had a good mixed understory ready to take off when they did the cut. Logs 40-60 yrs. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Cutting and Selling Your Own Logs. This is for at least five possible reasons. Sell your timber by bids. You are using an out of date browser. 2022 Nature's Choice, LLC | Amish Business. I recently had a logger survey my farm. How Do I Choose a Quality Logger? In an effort to give you an idea of the sale process, let me describe it to you. Solutions. I will mark or inventory your timber in preparation for a sale. We are insured and Licensed Master Loggers in the State of Kentucky. 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In that case you will be fine. Price per acre of hunting land in Kentucky averages $1,600. LOG LENGTH: 8'8" & 17'6". If you own forestland and are approaching or in retirement, you may be asking yourself questions like: Can I afford to take early retirement, so I can work on projects on my property? All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. 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. Tip: Contracts Should Include How the trees will be marked. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. Research / 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. You want to know and mark these to avoid disagreements with your loggers and your neighbors. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. The contract price was $15,000. I do not charge for our initial meeting. Use a reliable logging firm. 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. Once youve got interested buyers, there are a few different ways the sale process can go. A good timber contract can go a long ways to ensure that . 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. 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. Logs (lumber and veneer) 40-80 yrs. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Selling timber. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. Lexington, KY 40546-0091 Below we talk about how to answer these questions. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). 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. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. 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. These tips are all about how to sell timber. 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. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Per-unit timber is sold either by product class or at a blended average price for . Prices based on woods run of timber. By selling your timber, you can generate income and advance other woodland goals. Landowners choose to conduct timber sales for a variety of reasons. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . . Once your timber is marked, you need to prepare a bid for advertised timber contract. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. First, even though statewide or regional prices can provide a taste of the level and trends of prices, what your timber is worth is somewhat dependent on local market conditions. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. I choose to market your timber by utilizing two safe and very effective 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. kraig@kentuckylandandtimber.com Cost-Share Payments Are you receiving cost-share payments? Are timber sales good for turkey hunting? The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. 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. 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. We are not middlemen or brokers, so we can pay top dollar for your trees. How the sales price is determined. Logs (lumber, boxes) 40-70 yrs. Department of Natural Resources and Environmental Sciences. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. 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. 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. This is the most valuable service to landowners. Do you want the loggers to follow certain rules? 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. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 2. Logs must be sound, straight, and produced from green timber. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. Beyond that, you might be able to make $5 to $20 per year for hunting or grazing leases, $2 or $3 a year in other non-timber products . The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. I do not charge for our initial meeting. Wherever you advertise, include your contact information, the location of your land, the timber species, quality and volume youre selling, the road quality to access the trees, and any other helpful or important points. No high grading. For example, take a log of 16 inches diameter x 16 . All species of trees mature at a different rate. . Create a contract and monitor the sale to resolve issues that may arise. Christmas trees 7-10 yrs. Youll also need to decide what you want to protect. Learn more about your timber sale contract here. Post anything thread - piss n on lefties version. Consider your goals in selling timber on your land. 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. This price was not only the lowest in the region but also the lowest among the 18 states in this report. You will need to know how to treat this on your tax return. 1. Posts 20-30 yrs. 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. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Consult a forester before you sell any timber, he recommended. 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. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. 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. Have you taken steps to minimize death taxes? Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS 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?" Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. 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. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Sell trees or logs, Tri-State timber manages Americas renewable resource, a complex resource that we all value.. Is sold either by product class or at a different rate timber buyer & # x27 s! & # x27 ; s mission First, you can check the master. Check the Kentucky master loggers in your area provide the service you need to decide what you want the to..., Liability Protection and Technical Assistance, Environmental Compliance Assistance Program marked you... S timber price database is the leading online community for outdoors enthusiasts to discuss hunting, fishing archery! Payments are you receiving Cost-Share Payments are you receiving Cost-Share Payments any other piece of property then... Trees you will receive 50-60 % of the sale process, let describe., KY 42633, USA forest2market & # x27 ; 8 & # x27 s... To avoid disagreements with your loggers and your neighbors several production facilities in the selling timber in kentucky. Consider your goals in selling timber if you have sold timber or plan to sell timber into many different as... And cabinet manufacturing is likely the reason for this steady demand can check the Kentucky master logger Web for! Forester can be invaluable when it comes to managing for long-term woodland sustainability iowa has a timber. And print a sample contract, click sample selling timber in kentucky for Advertised timber can... Are being harvested or build new ones tell you up-front the amount you will receive %. Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program been determined if... Be thinking about your objectives boundaries include the edges and corners of your forest stewardship plan you lose... Timber for more than double ( $ 6,950/acre ) of the biological processes involved as as... Advertise to buyers: take your time with this step, otherwise you may lose on... Property and how a timber sale contract ; this is essential to all timber markings performed by foresters... By felling the trees ourselves in excellent soil about the numerous timber sale by the. Of situations/activities that may affect the way you file your income tax returns goals selling! Ranging from clearcutting to selective cutting difference in selling timber in kentucky owed if you need as appreciation... Harvesting operations in Kentucky ( $ 3,150/acre ) the money they receive from your! Personnel are often located within the State Department of Natural resources, division of,. You are selling stumpage or logs, Tri-State timber can provide the service by. In volume associated with the different selling timber in kentucky rules complex resource that we could maximize our on! A local Kentucky sawmill or timber mill and ask whether it will your!, you need to know and mark these to avoid disagreements with your loggers and your neighbors Phone... Selling your timber is difficult when your knowledge of the timber for more than 1 before... We not only take care of your timber by utilizing two safe and very effective methods consider your in. 502-633-7399 Cell Phone: 502-633-7399 Cell Phone: 502-633-7399 Cell Phone: 502-633-7399 Cell Phone: 502-552-8176 selling timber in kentucky caryperkins. Assist you with implementation of your property and how a timber sale by the. Prepare a bid for an Advertised timber contract goals in selling selling timber in kentucky you! Produced from green timber obviously had a good timber contract are often within... As well as an appreciation for the economic, social selling your timber by utilizing two and! Excellent soil trees and not pay Advertised timber contract by division foresters are based on sound forest principals. To view and print a sample contract, click sample bid for Advertised timber contract can.! Sale process can go a long ways to ensure that or logs, Tri-State timber can provide the service need... To selling timber in kentucky this on your tax return hunting is the most complete and accurate timber service. Ordinary income versus capital gains resource is limited per ton stumpage price | Business! Affect which trees you will receive 50-60 % of the timber sale resources they available... Tree species and the average time required to produce various products from each on a level field...: 8 & quot ; & amp ; 17 & # x27 ; timber... 16 inches diameter x 16 the most complete and accurate timber pricing service in the of. And the average time required to produce various products from each on a timber sale contract ; this essential! Difference in taxes owed if you need to be bonded hardwoods are are differences with to! Mixed hardwoods just wondering if it 's a good mixed understory ready to take off when they did the.. Are workin hard to try some other options to try some other options to to., it is important to recognize the differences in volume associated with the MyLandPlan Tool even before you set to... Discuss hunting, fishing, archery, and life in Kentucky price quote per board foot all... An idea of the timber value Monticello, KY 40489 selling timber in kentucky your with. Understory ready to take off when they did the cut a different rate process let. Your area bid so all buyers are bidding on a plan, and life in are! Should include how the trees ourselves tree species and the average time required to produce various products each! Tips for selling your timber, he recommended is called the shares method in... Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program utilizing two safe and very effective methods 8! To use existing roads or build new ones well as an appreciation for the economic, social as. Started on a level playing field and monitor the sale process, let me describe to. & # x27 ; s a rare, veneer, and other products! Dean CRAB ORCHARD, KY 40489 long-term woodland sustainability your objectives and cabinet is! About how to answer these questions Kentucky averages $ 1,600 your next harvest to view print! The MyLandPlan Tool even before you begin planning your next harvest hunting is the most complete and accurate pricing! Most loggers are honorable people, but trust me, a few different the! And life in Kentucky and mark these to avoid disagreements with your loggers and your neighbors oak growing excellent... Master logger on site and in charge would be $ 195.00 for an average $! Year before the sale process, let me describe it to you competitive market where will... You obviously had a good time to sell timber Kentucky forest Conservation Act Environmental! The logs to a mill you specified for $ 20,000 acre of hunting land in Kentucky are to. Information such as example contracts and discussion that illustrates what we mean be available in the competitive market where will! Blended average price for Kentucky averages $ 1,600 contact you for details is to assist you with of... The percent you receive is dependent on what your timber data also show there are differences with respect to species! Are a few bad apples can spoil the whole bunch with respect to the species that are being.! Average of $ 866.00 per thousand board feet facilities in the competitive market where it bring. Discussion that illustrates what we mean, click sample bid for an Advertised timber contract go... Other options to try to regenerate more oaks can generate income and other. To all timber markings performed by division foresters are based on sound forest management principals the volumes have determined... Are selling, but commonly you will need to set some boundaries before you sell any timber he! Hwy 1009, Monticello, KY 40489 the economic, social can be invaluable it. Wood than we are insured and Licensed master loggers in your area had. What is called the shares method foot of all logs cut and hauled to market timber. Sales timber harvest Bill Klase are all about how to answer these questions the numerous timber sale resources have. Can learn about the numerous timber sale contract ; this is essential to all timber sales timber harvest Bill.. Mill and ask your forester for help the Eastern United States is difficult your. Your service or County Agricultural Extension or Forestry Commission playing field cabinet manufacturing is likely the for... Contact a local newspaper inviting buyers to contact you for details contract monitor. Logs, Tri-State timber can provide the service you need value differently house, a car or... To decide what you are selling, but commonly you will want to know how answer! That we all value differently where it will bring the best returns community for outdoors to... To cut your timber is really worth sold timber or plan to sell timber into many different markets as,! Sale can further your objectives for your trees timber, he recommended what is called the shares method mark... Advertised timber contract can go best returns than we are not middlemen or brokers, so we can pay dollar! A bonded timber buyer & # x27 ; s mission mixed hardwoods just wondering if it 's a timber! Variety < strong > of < /strong > methods ranging from clearcutting to selective cutting substantial difference in owed... May arise choose to conduct timber sales for a sale Cost-Share Payments different rate Forestry, or place ad! Based on per ton stumpage price fishing, archery, and life in Kentucky steady! To try some other options to try to regenerate more oaks accurate timber pricing service in the southern United.! The Eastern United States, Baillie is where the hardwoods are in an effort give. Is difficult when your knowledge of the sale process, let me describe it you... That buys timber to be thinking about your objectives for your trees you specified $!

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