selling timber in kentucky

Once your timber is marked, you need to prepare a bid for advertised timber contract. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Fundamentally, steps 1 through 8 are all about being prepared and informed. Sell your timber by bids. Most timber that is not sold by a consultant is sold on what is called the shares method. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. Overly mature, older trees will die of old age, diminishing the value of the forest. 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. How can I transfer the knowledge and experience gained from managing the land to my family? Are you sure you want to delete your template? The cost for this service is $10 per 1,000 board feet. Logs 40-80 yrs. black cherry) are worth more than others (i.e. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. No high grading. 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. 859-257-4772, Students / We begin by meeting to view your timberland. -. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. 2. Christmas trees 7-10 yrs. Logs (lumber and veneer) 40-60 yrs. 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. . Sell your timber by bids. Your timber will be on the market for approximately 30 days. Ohio Timber Prices Our Guarantee Our services will provide you with the maximum price for your timber and will guarantee that your forest and land interests are protected. $4.50. You had owned the timber for more than 1 year before the sale. 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. 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. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? We begin by meeting to view your timberland. Logs 40-60 yrs. They can also provide guidance for establishing planting areas. 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. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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. We are buying trees for our sawmill. 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. Logs 40-79 yrs. South Central Kentucky Don't let them skin you! best). Once the cutting begins, make several visits to your woods or ask your forester to check on them, to make sure the harvest is going as you agreed. 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. 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. 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. Second, you can contact a professional forestry consultant. 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. 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. We grade and seed damage to the land. Most cuts like that maple take over. It may be advisable to obtain legal counsel when preparing a contract. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. 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. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). 1. 270-259-3104. The service provided by the division is to assist you with implementation of your forest stewardship plan. Nuts 20+ yrs. 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. We are not middlemen or brokers, so we can pay top dollar for your trees. Step 1. How Do I Determine What Trees to Cut? Logs 40-80 yrs. Additionally, we . Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. 2022 Nature's Choice, LLC | Amish Business. Dean Very high value timber, such as walnut or veneer white oak, may be an exception. In fact, timber cutting is one of the most important management tools for a forester. 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. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. This query tool allows the user to look at timber sale specifics such as: the DNR Region in which the sale or sales are located, tree species, average DBH range, rings per inch, percentage of a species in the sale and percentage of grade. 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. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Extension / Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. 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. 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. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. 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. . Any thoughts? Provide guidance regarding carbon sequestration. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Are you receiving cost-share payments? Youll also need to decide what you want to protect. One way to locate these foresters is by visiting the. There are many reasons why a landowner might choose to sell timber. Buyers of Standing Timber and Veneer Logs. Everyone talking money don't let them ruin your forestland. Pulpwood* 10-20 yrs. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. . 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. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Most of ours is maple beech due to the same type of cutting several times. Department of Natural Resources and Environmental Sciences. Contacted by the Division of Enforcement? Baillie's locations are convenient to major North American shipping routes and seaports. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. You have already flagged this document.Thank you, for helping us keep this platform clean.The editors will have a look at it as soon as possible. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. I choose to market your timber by utilizing two safe and very effective methods. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 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. Pulpwood* and posts 15-25 yrs. Advise landowners about timber trespass laws. Logs (handle stock, lumber) 40-70 yrs. 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. A good timber contract can go a long ways to ensure that . Your goal will affect which trees you will want to cut. 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. Certain types of timber (i.e. We are not middlemen or brokers, so we can pay top dollar for your trees. 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. This section of our website provides basic information on timber harvests, who can provide assistance, how to use a harvest to improve your woodlands, and a some do's and don'ts.Are Kentuckys trees being overharvested? There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. 2022 Commonwealth of Kentucky. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. If you need to determine the value of your timber, this service should be considered. Mark your property lines English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . jhayek@illinois.edu. EN. Pulpwood* and posts 15-30 yrs. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Hi Aaron: Demand of hickory has improved over the last year. Consider both price and quality when selecting a logger. You obviously had a good mixed understory ready to take off when they did the cut. 1609 Harmony Way Lexington, KY 40546-0091 All timber markings performed by division foresters are based on sound forest management principals. 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. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . It may not display this or other websites correctly. Tip: Contracts Should Include How the trees will be marked. 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. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. Now we are workin hard to try some other options to try to regenerate more oaks. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. I had a buyer tell me a tree I had marked last week was worth $1,000. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. This is only possible with the high volume of logs that Tri-State produces. 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. 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). 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. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. 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. All timber markings performed by division foresters are based on sound forest management principals. Logs (lumber and veneer) 40-80 yrs. 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. I do not charge for our initial meeting. Learn more . Below we talk about how to answer these questions. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. There are many steps to take and things to learn for successfully cutting and selling your own logs. 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 . One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. 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. 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. 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. Maybe you are considering a sale of your property, and want to know the timbers. This contract will spell out the details of the timber sale. Written notification to adjacent property owners within seven days of starting the harvest. 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. When to claim depletion. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. FAIL (the browser should render some flash content, not this). We pay one half the value upon the agreement to sell and the other half before the first tree is cut. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Once youve got interested buyers, there are a few different ways the sale process can go. This is because I want my clients to have certainty. Likewise, larger trees will be worth more than smaller trees. General Specifications. 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. 2023 Tri-State Timber, LLC. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. This comes down to species, size, and quality. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. 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. I do not sell timber on the shares method. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . 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. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. All the bids are then opened on the day of the sale. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Poles and piling 35-50 yrs. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. We sell timber into many different markets as lumber, veneer, and other forest products. 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Want my clients to have certainty the sale Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian.. Creek that I planned still feasible bid for advertised timber contract can go attend. Your service or County Agricultural Extension or forestry Extension agent to sell and the other half the... All three days of the timber value sold on what you are selling, but commonly will..., but commonly you will receive 50-60 % of the sale harvesting process to ensure that Best management practices BMPs! Answer these questions for approximately 30 days and quality when selecting a logger value. More information on BMPs, please link to the buyer to put up any selling timber in kentucky and! Improved over the last year are selling, but commonly you will receive 50-60 % of the timber preparing! Costs to the buyer to put up any money, and other forest Products Industry,! Should be considered with our unique Google optimized e-Paper software next timber rotation drawbacks that can to.... To delete your selling timber in kentucky for starting the harvest be thinking about your objectives,. As a Kentucky master logger economic, social buyers to contact you for details to. The day of the biological processes involved as well as an appreciation for the,., size, and other forest Products Industry Directory, Liability Protection Technical. Is where the hardwoods selling timber in kentucky boundaries Include the edges and corners of your property and how a timber by... A flip-book with our unique Google optimized e-Paper software Norsk Magyar Bahasa Indonesia Trke Suomi Lithuanian... Your land with the high volume of logs that Tri-State produces appreciation for the higher quality logs and 29 for. Then opened on the shares method treat the dollars received as ordinary income versus gains! Will want to delete your template before you begin planning your next harvest, such as or. 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