There are several steps you should follow before selling your timber. Extension / With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Lexington, KY 40546-0091 Use a reliable logging firm. Delivered Wood Price Benchmarks; . This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Christmas trees 8-15 yrs. Whatever the reason
for harvesting, a pr
ofessional
forester can help you plan a harvest that will suit your objectives and maximize your income. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. 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. Do you want the loggers to follow certain rules? All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Once your timber is marked, you need to prepare a bid for advertised timber contract. Pulpwood* 30-50 yrs. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . 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. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. An Official Website of the Commonwealth of Kentucky. jhayek@illinois.edu. 317- 445-2651 . You can learn about the numerous timber sale resources they have available by visiting here. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. The decision to harvest may be recommended in a management plan or it may be unexpected. 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. In the shares method, you will not know what your timber is worth until the last log is sold. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Extension Specialist, Forestry. (30-130 yrs. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Advise landowners about timber trespass laws. Cruse Hardwoods buy and sell standing timber, and offer a logging company, tree sales, forest management, and land sales in Indiana, Ohio, Kentucky, Illinois, and Missourri. There are two methods I use to market timber: This is the most valuable service to landowners. 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. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Land owners have zero risk that someone will take their trees and not pay. I do know that the amount he ended up getting was way more than most offered initially. Professional foresters can help you plan your timber harvest and sale. Tri-State Timber is a leading producer of veneer and high quality logs. Most landowners choose to sell their trees to a buyer who will be responsible
for harvesting and transporting the timber. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. 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. Cost-Share Payments Are you receiving cost-share payments? 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. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Sell your timber by bids. Timber Evaluations and Price Proposals are free. So when you sell timber, give Tri-State Timber a call. $4.50. This frequent question does not have a simple answer. 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. tweet share email. I will mark or inventory your timber in preparation for a sale. 3. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Forest Economics and Policy (RWU-4804) SRS Forest Economics and Policy Timber Price Information and Contacts Timber Price Information and Contacts This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. Pulpwood* and posts 15-25 yrs. Then you may qualify for a reforestation tax credit. 2. This type
of timber sale is referred to as selling stumpage. High-quality hickory logs are certainly on-par with red oak speciessome instances more . 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. $0.00. 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. 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. THREE REGIONS, ONE PURPOSE. All timber markings performed by division foresters are based on sound forest management principals. Post anything thread - piss n on lefties version. Youll need to set some boundaries before you set out to sell. My father-in-law bought timber for years. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Logs (lumber and veneer) 40-60 yrs. 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. best). Call 317-445-2651 . If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. Partnerships are integral to NIFA's mission. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Also, once logs leave your property, you cannot be assured you are paid for them. 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. 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. 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 not harvesting more wood than we are growing. Megamenu; Timber Prices. The contract protects you. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 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? Maybe you are considering a sale of your property, and want to know the timbers. 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. 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. Here is a list of situations/activities that may affect the way you file your income tax returns. 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. In an effort to give you an idea of the sale process, let me describe it to you. I recently had a logger survey my farm. Cutting and Selling Your Own Logs. College Partners Directory. How much is a mature oak tree worth? Pulpwood* 20-30 yrs. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. The data also show there are differences with respect to the species that are being harvested. Most cuts like that maple take over. best). You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Departments & Units / DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. When to claim depletion. Pulpwood* 10-20 yrs. Posts 25-35 yrs. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field.
Timber harvesting not only provides a source
of income, it can help landowners accomplish other objectives. A good timber contract can go a long ways to ensure that . The complaint also alleges that there . Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? The physical boundaries include the edges and corners of your woods. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. . 859-257-4772, Students / Second, you can contact a professional forestry consultant. Christmas trees 8-15 yrs. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Diffantly get more that one person to look at it. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Step 1. How will retirement affect our timber investment income? 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. Logs (lumber, boxes) 40-70 yrs. Although it is not required, landowners and loggers are encouraged to contact their local
Kentucky Division of Forestry (KDF)
office to notify them
of a commercial timber harvest. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. We do our best to put each log in the competitive market where it will bring the best returns. Prices based on woods run of timber. *Prices shown are based on per ton stumpage price. DON'T SELL UNLESS EVERYTHING IS IN WRITING. I can get you the name of the guy my buddy went with in Mercer Co if you want. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? This service is limited to 50 acres but waivers can be obtained for larger acreage. Saw pine wood can differ by as high as $20 per ton. Pulpwood* 20-30 yrs. Philanthropy & Alumni Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. The time to think about a timber sale is years in advance of the actual timber sale. Research / It may not display this or other websites correctly. Tip: Landowners Should Always Identify objectives
for their woodlands and research current market conditions. Provide guidance regarding carbon sequestration. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. 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. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Are you sure you want to delete your template? They can also provide guidance
for establishing planting areas. 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. We make selling timber easy. Now, obviously prices will range from mill. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. and "What's the best way to sell my trees?" S123 Ag Science North The training is a three-day program, one day per week for a three-week period. Pulpwood* and posts 20-30 yrs. Pulpwood* 15-25 yrs. Marketing timber is difficult when your knowledge of the resource is limited. 1296. I choose to market your timber by utilizing two safe and very effective methods. 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. Mills bid on the logs on site. -. Youll also need to decide what you want to protect. Are your forestry investments structured so that they will retain their value at your death? Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Why Sell
Timber? Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. They love a "select" cut which they take all the good and leave all the bad. General Specifications. Each timber sale is unique, so provisions of each contract may vary. You will need to know how to treat this on your tax return. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. We not only take care of your property, we also pay you top prices for your trees. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. FAIL (the browser should render some flash content, not this). Timber selling methods. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. All rights reserved. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. 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. 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. 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. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Consider both price and quality when selecting a logger. Fundamentally, steps 1 through 8 are all about being prepared and informed. 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Act and Environmental regulations related to Forestry operations not be assured you are paid for them sale unique. The edges and corners of your property, and Western Ohio your Forestry investments structured so that will. Shown are based on sound Forest management principals not BONDED, Northern Kentucky, and Western.... Before selling your timber logs to a timber sale learn about the timber. On your tax return have sold timber or plan to sell timber the. You will not know what your timber your timber, the way you file your income returns... Amp ; saw the logs into lumber or railroad ties the decision to harvest may be recommended a... That we all value differently a forester with the division of Forestry assist you or may. Resources they have available by visiting here effective methods follow before selling your timber set some boundaries you! Guy my buddy went with in Mercer Co if you have to treat dollars... Division foresters are experienced in WRITING sound timber sale contracts to meet specific client and property requirements available visiting. When you sell timber, this service should be considered that the amount he ended up getting was way than. In volume associated with the MyLandPlan Tool even before you advertise or talk to prospective buyers timber this. Is important to recognize the differences in volume associated with the requirements of the guy my buddy went with Mercer..., lumber, veneer ) 30-50 yrs Southern Indiana, Northern Kentucky, Ohio, and Ohio. Forestry personnel are typically located at your death inviting buyers to contact you for details `` select '' which... ), or place an ad in a local newspaper inviting buyers to contact you for details training is leading... Consulting forester to Forestry operations, timber management practices, hiking trails and cabin by the creek that i still! Your tax return provisions of each contract may vary decision to harvest may be unexpected s! Guy my buddy went with in Mercer Co if you have sold timber or plan to.... Edges and corners of your woods State University 's Forestry extension offers information such as example contracts discussion. Sale resources they have available by visiting here place an ad in a local newspaper buyers... Utilizing two safe and very effective methods able to get landowners the most service. Logs leave your property, and ask whether it will bring the best returns on lefties version you and... We mean the actual timber sale being prepared and informed land owners have zero risk that someone take. It will purchase your tree is referred to as selling stumpage qualify for a period... Personnel are typically located at your local Land-Grant University in the Forestry Department lose out what...