From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. We offer a real hands on approach to buying timber. This comes down to species, size, and quality. 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. S123 Ag Science North Provide guidance regarding carbon sequestration. 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. 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. In most cases, diameter cutting is just another way of high-grading timber. 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. Most timber that is not sold by a consultant is sold on what is called the shares method. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. 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. I do not charge for our initial meeting. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. You will need to know how to treat this on your tax return. Seek the advice of a professional forester. The contract protects you. One way to locate these foresters is by visiting the. Departments & Units / Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. 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. Logs (lumber and veneer) 40-80 yrs. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Sell your timber by bids. Per-unit timber is sold either by product class or at a blended average price for . "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. 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. 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. Pulpwood* 30-50 yrs. Logs (lumber and veneer) 40-80 yrs. Buyers of Standing Timber and Veneer Logs. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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 . 270-792-4018. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Research / CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. We are a reputable company that will take care of your woodlands as if we were taking care of our own. See below. 2022 Commonwealth of Kentucky. How much is my timber worth? 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. These tips are all about how to sell timber. Learn more about your timber sale contract here. There are two methods of selling timber. $0.00. 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. We grade and seed damage to the land. I will mark or inventory your timber in preparation for a sale. Nuts 20+ yrs. 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. 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. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. What Is My Timber Worth, and How Do I Sell It? Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. 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Do you want the loggers to follow certain rules? This may not mean that all bonded buyers are reputable but it gives you a good starting point. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. I would say you got lucky. 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. 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. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. There are several steps you should follow before selling your timber. In this blog post, we will discuss how to tell what your . Logs 40-60 yrs. You obviously had a good mixed understory ready to take off when they did the cut. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. 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. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. Certain types of timber (i.e. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. 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. This is the most valuable service to landowners. 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. For more information about the KML program, please click here or to find information regarding KML training schedules and to sign up for the KML program, visit the official KML Web site at Kentucky Master Logger Program. (75-225 yrs. Create a timber sale notice for a list of reputable buyers. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. Pulpwood* and posts 15-30 yrs. Mills bid on the logs on site. 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. We are also well positioned to serve . Logs (lumber and veneer) 40-60 yrs. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service and the Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. 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 have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Once the volumes have been determined, Learn more . Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. Lexington, KY 40546-0091 Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Below we talk about how to answer these questions. Lexington, KY 40546-0091 859-257-4772, Students / The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Pulpwood* 15-25 yrs. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Bowling Green, KY 42103 Timber sales are the main service I provide. Delivered Wood Price Benchmarks; . 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. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? The time to think about a timber sale is years in advance of the actual timber sale. Steps to Marketing Timber. 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. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. (30-130 yrs. Maybe you are considering a sale of your property, and want to know the timbers. 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. General Specifications. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. 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