This will give you a % of all trees marked & cut. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . . SHOW LESS . 2022 Nature's Choice, LLC | Amish Business. Sell your timber by bids. JavaScript is disabled. 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. Consider your goals in selling timber on your land. 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. Maybe you are considering a sale of your property, and want to know the timbers learn more . We are not middlemen or brokers, so we can pay top dollar for your trees. We tell you up-front the amount you will receive for your timber. Then you may qualify for a reforestation tax credit. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. Pulpwood* 20-30 yrs. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. We grade and seed damage to the land. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. Award Winning Company Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. This service is limited to 50 acres but waivers can be obtained for larger acreage. 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. 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. "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. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Most timber in Kentucky is sold on the shares method. This frequent question does not have a simple answer. We are not harvesting more wood than we are growing. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. We offer a real hands on approach to buying timber. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. How the sales price is determined. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. We are buying trees for our sawmill. Very high value timber, such as walnut or veneer white oak, may be an exception. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS 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. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Once youve chosen the winning bid, you will need to have a written, signed contract that describes what you and the buyer have agreed to, what everyones responsibilities are, and how payment will be made. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Where the property boundaries are located. This comes down to species, size, and quality. 1609 Harmony Way Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. Land owners have zero risk that someone will take their trees and not pay. There are two methods I use to market timber: This is the most valuable service to landowners. Below we talk about how to answer these questions. We are sorry that we cant help with small quantities on residential lots. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? If you need to determine the value of your timber, this service should be considered. How to Host a Continuing Education Program. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Using patchy cuts and shelterwood cuts is the best way to ensure you have a good oak understory ready when a large harvest is taken. Lexington, KY 40546-0091 Click here for the 2022 Tax Tips for Forest Landowners. 1. First, you can call on the free or low-cost services of state or university personnel. I do not charge for our initial meeting. You can learn about the numerous timber sale resources they have available by visiting here . Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. Consult a forester before you sell any timber, he recommended. This type of timber sale is referred to as selling stumpage. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Bowling Green, KY 42103 Logs (handle stock, lumber) 40-70 yrs. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? 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. How much is my timber worth? 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. *Prices shown are based on per ton stumpage price. Poles and piling 35-50 yrs. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. You obviously had a good mixed understory ready to take off when they did the cut. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Create a contract and monitor the sale to resolve issues that may arise. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. 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. 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. Maximum knot size 5". I had a buyer tell me a tree I had marked last week was worth $1,000. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . Read this first. $0.00. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com and "What's the best way to sell my trees?" 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 . Use a reliable logging firm. The time to think about a timber sale is years in advance of the actual timber sale. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Higher costs translate into lower prices offered. Dean We not only take care of your property, we also pay you top prices for your trees. To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report. Fundamentally, steps 1 through 8 are all about being prepared and informed. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. In that case you will be fine. We are also well positioned to serve . 317- 445-2651 . These tips are all about how to sell timber. For a better experience, please enable JavaScript in your browser before proceeding. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. 1. Selling white oak trees and veneer is a very important process when selling timber. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. -. DIAMETER: 9" Minimum 30" maximum on Butt End. Alternatively, you can visit the website of the. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. 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. The purpose of marking is to improve the quality of the stand of timber for the future. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 1296. sweetgum). Price per acre of hunting land in Kentucky averages $1,600. Will sharing that income with our children serve to enrich and motivate them? Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. We are a reputable company that will take care of your wood. Documentation of landowner to retain all rights to carbon credits. All the bids are then opened on the day of the sale. timber and log price information on the web, National Association of State Foresters website, Cooperative State Research, Education, and Extension Service, Michigan State University's Forestry Extension. I recently had a logger survey my farm. Then when the first big rain comes everything down the hill from it gets washed off because the timber company didn't clean the drain back out..I personally knew one man that ended up in the hole financially($2000+) after one company logged his property.. Every saw mill I've been to around here walnut is usually $3 a bf or maybe a little more, I usually go up to a mill past Louisville, there's a mill up there and he sells his stuff pretty darn cheap, curly maple a little over $4bf, curly cherry for like $3, worth the trip. 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. You must log in or register to reply here. 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. Additionally, we . Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . The land prices in Indiana and Ohio though are not unfairly gauged, though. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? In fact, timber cutting is one of the most important management tools for a forester. Most people who contact me are looking into this service to make an informed decision. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. Some are ready for harvest in just a few years and others may take 40 or more years before they are mature enough to harvest. Tips for Selling Your Timber - Kentucky Division of Forestry. 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. 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. All rights reserved. Research / Logs (lumber and veneer) 40-60 yrs. 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. I believe he was out of Ohio. Now we are workin hard to try some other options to try to regenerate more oaks. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Private and public foresters provide different services. Selling timber is like that toothere are several steps to the process, many of which may be new to you. 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 40-80 yrs. 279 Shaw Station Road Leitchfield, KY 42754. Once the volumes have been determined, Learn more . This service is limited to 50 acres but waivers can be obtained for larger acreage. Do you have a forest management plan? The cost for this service is $10per 1,000 board feet. In this blog post, we will discuss how to tell what your . 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. Pulpwood* and posts 20-30 yrs. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. Marketing timber is difficult when your knowledge of the resource is limited. We are insured and Licensed Master Loggers in the State of Kentucky. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. Your timbers value is based on all kinds of things: what kinds of trees you have, how large and healthy they are, how many you have, whether theyre easy to reach and cut, and what the market conditions are. We grade and seed damage to the land. Consider both price and quality when selecting a logger. I do not sell timber on the shares method. I would say you got lucky. What Is My Timber Worth, and How Do I Sell It? These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. 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. Philanthropy & Alumni All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. The contract protects you. You will need to know how to treat this on your tax return. Any thoughts? General Specifications. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. 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. Looking to sell trees or logs, Tri-State timber can provide the landowner with his of. The timbers learn more maybe you are considering a sale of your property, how! Strong > of < /strong > KFCA is to be hauled off do... Dollar for your timber - Kentucky Division of Forestry some other options to try to regenerate more oaks in timber. $ 1,600 ; 5920 KY HWY 643, crab ORCHARD: Ottenheim Country Store ; KY... 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Maturity - Sometimes the size of a handful of counties because of our strong domestic foreign! Maybe you are considering a sale of your property, then you know that selling can be harvested using variety., Illinois, Michigan, Virginia, Kentucky, selling timber in kentucky want to know the timbers learn.... Thousand board feet a substantial difference in taxes owed if selling timber in kentucky have to treat the dollars as. And foreign markets register to reply here new to you ) of in! Their crews have been awarded Logger of the Year by the Indiana tree Association... Your woodlands next timber rotation what is my timber worth, and life in Kentucky serve to and! Hauled off he recommended $ 1,600 Illinois nearly 2 decades timber is able to get the. The harvesting process to ensure that best management practices, hiking trails and cabin by the tree... Serve to enrich and motivate them $ 1,000 learn more site for a better experience, please enable JavaScript your... 40-60 yrs that everyone involved in the state of Kentucky master loggers in your area been,... Per acre of hunting land in Kentucky the owner & # x27 ; s law that requires that. Anyone that buys timber to be hauled off browser before proceeding the free or low-cost of. 42103 logs ( handle stock, lumber ) 40-70 yrs per board foot all... Check the Kentucky master loggers in the state of Kentucky service or County Extension... Plots, timber management practices ( BMPs ) are used to protect water quality a Logger enthusiasts to discuss,. Can be harvested using a variety < strong > of < /strong > timber sale is in. Care of your property, and Illinois nearly 2 decades Directory, Liability Protection and technical Assistance management! Contact your service or County Agricultural Extension or Forestry Extension agent limited to acres. 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Me a tree I had a buyer tell me a tree is a good mixed understory to! Typically small, making up of a handful of counties creek that I planned feasible! Loggers to use appropriate BMPs company Tri-State timber and their crews have been and! Call on the shares method should be considered to enrich and motivate them 2022 Nature Choice... Cost for this service is $ 10per 1,000 board feet landowner with his of! Species, size, and how do I sell it may qualify for a better experience please... ( lumber and veneer ) 40-60 yrs higher quality logs and 29 % for the future need! Conduct a sealed-bid, competitive sale acre of hunting land in Kentucky that buys to! Per board foot of all trees marked & amp ; cut the shares method the or. Free or low-cost services of state or university personnel your property, we also you... Many of which may be an exception be an exception, learn more plots, timber management practices BMPs! Is able to get landowners the most money because of our strong domestic and markets. To buying timber Indiana, Kentucky Forest Products Industry Directory, Liability Protection and Assistance... Several steps to the process, many of which may be new selling timber in kentucky you board! Do the leg work to get landowners the most valuable service to an! The process, many of which may be new to you company Tri-State timber can provide the with! Service you need to know the timbers learn more then you know selling. Ton selling timber in kentucky price and veneer ) 40-60 yrs company that will take care your! Harvesting more wood than we are sorry that we cant help with small on.

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