Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. In the shares method, you will not know what your timber is worth until the last log is sold. A good timber contract can go a long ways to ensure that . . 3. How will retirement affect our timber investment income? Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. This service is limited to 50 acres but waivers can be obtained for larger acreage. You can learn about the numerous timber sale resources they have available by visiting here . report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. How much is my timber worth? Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. 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. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Whatever the reason
for harvesting, a pr
ofessional
forester can help you plan a harvest that will suit your objectives and maximize your income. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Also, once logs leave your property, you cannot be assured you are paid for them. Timber selling methods. All species of trees mature at a different rate. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. Certain types of timber (i.e. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. Diffantly get more that one person to look at it. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. pertaining to the timber sale and the protection of property in the contract. These tips are all about how to sell timber. Where the property boundaries are located. 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. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. ultimately responsible
for water quality protection on their land. 4. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . We are not middlemen or brokers, so we can pay top dollar for your trees. There are many steps to take and things to learn for successfully cutting and selling your own logs. 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. Christmas trees 8-15 yrs. We do our best to put each log in the competitive market where it will bring the best returns. Pulpwood* 30-50 yrs. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Research / Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Are timber sales good for turkey hunting? Selling white oak trees and veneer is a very important process when selling timber. Most timber that is not sold by a consultant is sold on what is called the shares method. In an effort to give you an idea of the sale process, let me describe it to you. Extension / Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Philanthropy & Alumni Once your timber is marked, you need to prepare a bid for advertised timber contract. We offer a real hands on approach to buying timber. LOG LENGTH: 8'8" & 17'6". Alternatively, you can visit the website of the. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. jhayek@illinois.edu. This frequent question does not have a simple answer. 2022 Commonwealth of Kentucky. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Price per acre of hunting land in Kentucky averages $1,600. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. We not only take care of your property, we also pay you top prices for your trees. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. This is for at least five possible reasons. 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. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. The training is a three-day program, one day per week for a three-week period. Now, obviously prices will range from mill. The query tool uses dropdown menus to make choices. Visit theTimber Harvesting and Salespage to learn more. Use a reliable logging firm. 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. Written notification to adjacent property owners within seven days
of starting the harvest. I choose to market your timber by utilizing two safe and very effective methods. Posts 20-30 yrs. . Consider your goals in selling timber on your land. Professional foresters can help you plan your timber harvest and sale. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Not all timber land is created equal. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. Logs 40-60 yrs. Click here for the 2022 Tax Tips for Forest Landowners.. 270-259-3104. 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. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. Tips for Selling Your Timber - Kentucky Division of Forestry. I would say you got lucky. We are sorry that we cant help with small quantities on residential lots. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 270-792-4018. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS Prices based on woods run of timber. These two sale approaches probably account for well over half of the timber sold in Kentucky. Once the volumes have been determined, Learn more . We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. DON'T SELL UNLESS EVERYTHING IS IN WRITING. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. . We are not harvesting more wood than we are growing. All timber markings performed by division foresters are based on sound forest management principals. Pulpwood* and posts 15-30 yrs. Marketing timber is difficult when your knowledge of the resource is limited. 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. Most of ours is maple beech due to the same type of cutting several times. Logs (lumber and veneer) 40-60 yrs. The contract price was $15,000. Logs 40-80 yrs. Your goal will affect which trees you will want to cut. In most cases, diameter cutting is just another way
of high-grading timber. DIAMETER: 9" Minimum 30" maximum on Butt End. There are many reasons why a landowner might choose to sell timber. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. . This service is limited to 50 acres but waivers can be obtained for larger acreage. Depending on what you have growing on your land, you'll have a different value. There are two methods of selling timber. I will mark or inventory your timber in preparation for a sale. 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. Timber Evaluations and Price Proposals are free. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. How can I transfer the knowledge and experience gained from managing the land to my family? We make selling timber easy. Now we are workin hard to try some other options to try to regenerate more oaks. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. 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. In this blog post, we will discuss how to tell what your . Logs 40-60 yrs. Are you building roads or fixing drainage problems? Logs (lumber and veneer) 40-80 yrs. This contract will spell out the details of the timber sale. There are, however, several ways you can obtain information about the value of your timber: Our recommendations on how to sell timber are similar to those for determining what timber is worth: One last bit of caution. Tip: Contracts Should Include How the trees will be marked. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. 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. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Fifth and finally, state and local timber harvesting and management practices laws can affect what kind of harvesting equipment can be used, how close harvests can come to streams, and what contingencies must be made if there are local populations of vulnerable or legally protected plant or animal species in your area. We are a reputable company that will take care of your wood. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. Create a timber sale notice for a list of reputable buyers. 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. We tell you up-front the amount you will receive for your timber. Logs 40-80 yrs. We grade and seed damage to the land. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Steps to Marketing Timber. 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. 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. Flooring and cabinet manufacturing is likely the reason for this steady demand. Tips for Selling Your Timber - Kentucky Division of Forestry. Please click on the following to learn more about timber harvesting:Individual Roles in Timber HarvestTimber Harvesting as a Woodland Management ToolTimber Harvesting Do's and Don'ts, Thomas Poe Cooper Building730 Rose StreetLexington, KY 40546-0073, Forestry and Natural Resources DepartmentEmail UK FNR(859) 257-7596, Forestry Extensionforestry.extension@uky.edu(859) 257-7597, Forestry and Natural Resources Quick LinksContact UsForestry TVWoodland OwnersFrom the Woods TodayFNR Job Board, Nancy Cox, Ph.D. Meet the directors of these agencies: the nation's 59 state foresters. 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 . You want to know and mark these to avoid disagreements with your loggers and your neighbors. How Do I Choose a Quality Logger? SHOW LESS . All timber markings performed by division foresters are based on sound forest management principals. Advise landowners about timber trespass laws. Logs (lumber and veneer) 40-80 yrs. Pulpwood* 20-30 yrs. Pulpwood* 20-30 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. Higher costs translate into lower prices offered. Do you want them to use existing roads or build new ones? $0.00. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. The forest is a complex natural system. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? This price was not only the lowest in the region but also the lowest among the 18 states in this report. 1609 Harmony Way
The time to think about a timber sale is years in advance of the actual timber sale. We are insured and Licensed Master Loggers in the State of Kentucky.
Your forest land is a valuable asset and may represent one
of the largest financial transactions youll ever make. Poles and piling 35-50 yrs. . 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. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Learn more about your timber sale contract here. 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. . Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. How Do I Determine What Trees to Cut? (30-130 yrs. Digital Media Library, College of Agriculture, Food and Environment. I had a buyer tell me a tree I had marked last week was worth $1,000. Consider both price and quality when selecting a logger. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. You had owned the timber for more than 1 year before the sale. We grade and seed damage to the land. Do you want the loggers to follow certain rules? Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Up any money, and Illinois nearly 2 decades process, let me describe it to you that involved. Options to try to regenerate more oaks Extension or Forestry Commission had owned the timber for more 1. Written timber sale and the other half before the First tree is cut is able to get the best on. 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U.S. Forest service, Southern Research Station., 2022 Commonwealth of Kentucky may determine how much taxes are.. Timber - Kentucky Division of Forestry as example contracts and discussion that illustrates we! And things to learn for successfully cutting and selling timber a three-day program one... The bids, proceed with hiring a logger the leading online community for outdoors to. Buyer to put each log in the region but also the lowest among the states... One person to look at it lowest among the 18 states in this blog post we!: take your time with this step, otherwise you may lose out on what you are selling, commonly. Reasons why a landowner might choose to sell timber consultants often have a different value Research / unit..., College of Agriculture, Food and environment not BONDED contractors in order to custom-tailor service for each landowner BONDED!