sweetgum). How Can a Forester Help? According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. 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). Once the volumes have been determined, Learn more . Selling cut products 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. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. 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. Likewise, larger trees will be worth more than smaller trees. The decision to harvest may be recommended in a management plan or it may be unexpected. 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. We offer the lowest consulting fees without compromising the quality of our timber sales services. Performing this action will revert the following features to their default settings: Hooray! Kraig Moore, ACF Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. 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. Logs (lumber and veneer) 40-80 yrs. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Bowling Green, KY 42103 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. Logs must be sound, straight, and produced from green timber. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. 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 . Overly mature, older trees will die of old age, diminishing the value of the forest. Example 4. Learn more about your timber sale contract here. kraig@kentuckylandandtimber.com Provide guidance regarding carbon sequestration. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Most of ours is maple beech due to the same type of cutting several times. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. For a better experience, please enable JavaScript in your browser before proceeding. If you would like to sell us your timber or custom cut logs and need more information about the purchasing and procurement processes, please give us a call at 270-963-1110 to speak with a Frank Miller procurement specialist today. 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. All timber markings performed by division foresters are based on sound forest management principals. Logs (lumber and veneer) 40-80 yrs. Selling timber is not simple, and there are many potential ways in which a landowner working without professional forestry expertise can be taken advantage of. This contract will spell out the details of the timber sale. Poles and pilings 40-50 yrs. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. They can also provide guidance for establishing planting areas. 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. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). Higher costs translate into lower prices offered. 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. jhayek@illinois.edu. Cost-Share Payments Are you receiving cost-share payments? $0.00. 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. In an effort to give you an idea of the sale process, let me describe it to you. 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. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Tri-State Timber is a leading producer of veneer and high quality logs. Create a contract and monitor the sale to resolve issues that may arise. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. ultimately responsible for water quality protection on their land. See below. $8.00. 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. Went to buy some kiln dried Walnut lumber for a small project from a local hardwood dealer just the other day and the price was $6.50 a board foot!! My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. Logs (lumber, boxes) 40-70 yrs. West Virginia. of the standing timber on the first day of the tax year and selling expenses from the sale price of the cut timber or processed timber products. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. 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. The value of your timber is linked to various factors such as tree species, size, the status of health, how many you have on your property, how easy (or difficult) they are to reach, and the market conditionsjust to name a few. 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. 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. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Private and public foresters provide different services. If you need to determine the value of your timber, this service should be considered. Departments & Units / We begin by meeting to view your timberland. 4. 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 . We are a reputable company that will take care of your woodlands as if we were taking care of our own. What Is My Timber Worth, and How Do I Sell It? 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. We are sorry that we cant help with small quantities on residential lots. You want to know and mark these to avoid disagreements with your loggers and your neighbors. Written notification to adjacent property owners within seven days of starting the harvest. Going a step further, if you, your spouse, or both of you were to die today, what would happen to the forestland that you have worked together a lifetime to obtain? Are you building roads or fixing drainage problems? Our free timber price information page also now includes links to sample timber contracts for the most viewed states. In some states, you can contact your state service forester, who might work for the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Depending on what you have growing on your land, you'll have a different value. These tips are all about how to sell timber. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Timber selling methods. Logs (handle stock, lumber) 40-70 yrs. Steps to Marketing Timber. Will sharing that income with our children serve to enrich and motivate them? Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller Delivered Wood Price Benchmarks; . South Central Kentucky Don't let them skin you! Pulpwood* 15-25 yrs. SHOW MORE . S123 Ag Science North Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. 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. We are not middlemen or brokers, so we can pay top dollar for your trees. 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. 317- 445-2651 . Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. Meet the directors of these agencies: the nation's 59 state foresters. Certain types of timber (i.e. The purpose of marking is to improve the quality of the stand of timber for the future. 279 Shaw Station Road Leitchfield, KY 42754. This is for at least five possible reasons. Solutions. My father-in-law bought timber for years. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Also, once logs leave your property, you cannot be assured you are paid for them. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. Price per acre of hunting land in Kentucky averages $1,600. 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. Advise landowners about timber trespass laws. (75-225 yrs. Lexington, KY 40546-0091 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. When to claim depletion. 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. We are a reputable company that will take care of your woodlands as if we were taking care of our own. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. The cost for this service is $10 per 1,000 board feet. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? We grade and seed damage to the land. All species of trees mature at a different rate. 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. Use a reliable logging firm. 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. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. We do our best to put each log in the competitive market where it will bring the best returns. Department of Natural Resources and Environmental Sciences. 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. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. We make selling timber easy. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Now we are workin hard to try some other options to try to regenerate more oaks. "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. 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. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Logs 40-79 yrs. In that case you will be fine. Select cut after select cut tend to lead to a maple dominated forest. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. I do not sell timber on the shares method. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 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. Have you received ice or other storm damage to your woodlands? Most people who contact me are looking into this service to make an informed decision. 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. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. Figure out what restrictions you need to protect the health of your woods before you proceed. Pulpwood* 20-30 yrs. Christmas trees 8-15 yrs. 2022 Commonwealth of Kentucky. Pulpwood* and posts 20-30 yrs. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. Several scientific studies have shown that timber sellers who hire a professional forestry consultant to organize the sale end up with profits equal to or greater than profits accruing to timber owners who do not hire a professional forestry consultant, even after subtracting out the consulting fee. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. High-quality hickory logs are certainly on-par with red oak speciessome instances more . 859-257-4772, Students / (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. Whether you are wanting to sell your timber or design a professional forest management plan, Ohio Foresters LLC will work with you every step of the way. The data also show there are differences with respect to the species that are being harvested. This service is limited to 50 acres but waivers can be obtained for larger acreage. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. The forest is a complex natural system. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. 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?" We begin by meeting to view your timberland. We grade and seed damage to the land. 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. 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. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com 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. 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