Are you sure you want to delete your template? The forest is a complex natural system. 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. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS Once the volumes have been determined, Learn more . In this blog post, we will discuss how to tell what your . "Timber buyers routinely purchase tracts of five acres or less." Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. 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. I will mark or inventory your timber in preparation for a sale. Christmas trees 7-10 yrs. This frequent question does not have a simple answer. We are a reputable company that will take care of your wood. Diffantly get more that one person to look at it. I recently had a logger survey my farm. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. 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. . Overly mature, older trees will die of old age, diminishing the value of the forest. There are many reasons why a landowner might choose to sell timber. 2023 Tri-State Timber, LLC. $4.50. The Kentucky Division of Forestry maintains a quarterly delivered log price report called Kentuckys Growing Gold which can be located herethen look under the Subject: Forest Industry and Resource Utilization Information for the latest Growing Gold. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. . Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . SHOW LESS . Several scientific studies have shown that timber sellers who hire a professional forestry consultant to organize the sale end up with profits equal to or greater than profits accruing to timber owners who do not hire a professional forestry consultant, even after subtracting out the consulting fee. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. 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. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. South Central Kentucky Don't let them skin you! For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. 4. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. West Virginia. 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. Dean The data also show there are differences with respect to the species that are being harvested. Logs 40-60 yrs. Are you building roads or fixing drainage problems? Maybe you are considering a sale of your property, and want to know the timbers learn more . 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? Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. 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. Dean . We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Have you taken steps to minimize death taxes? It may be advisable to obtain legal counsel when preparing a contract. 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. 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. Select cut after select cut tend to lead to a maple dominated forest. Prices based on woods run of timber. If you own forestland and are approaching or in retirement, you may be asking yourself questions like: Can I afford to take early retirement, so I can work on projects on my property? You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Most cuts like that maple take over. Megamenu; Timber Prices. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Your file is uploaded and ready to be published. We are not harvesting more wood than we are growing. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). Our free timber price information page also now includes links to sample timber contracts for the most viewed states. 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. Create a contract and monitor the sale to resolve issues that may arise. All species of trees mature at a different rate. There are several steps you should follow before selling your timber. 317- 445-2651 . Learn more . You must log in or register to reply here. Maximum knot size 5". 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. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: [email protected] . Logs (lumber and veneer) 40-80 yrs. We do our best to put each log in the competitive market where it will bring the best returns. Departments & Units / See below. How will retirement affect our timber investment income? Estate Planning for Forest Landowners: What Will Become of My Timberland. Delivered Wood Price Benchmarks; . Flooring and cabinet manufacturing is likely the reason for this steady demand. black cherry) are worth more than others (i.e. It may not display this or other websites correctly. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Most timber that is not sold by a consultant is sold on what is called the shares method. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Pulpwood* 30-50 yrs. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. Proper forest management is accomplished by identifying and selecting the best trees for removal. There are many steps to take and things to learn for successfully cutting and selling your own logs. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. In most cases, diameter cutting is just another way of high-grading timber. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. I will mark or inventory your timber in preparation for a sale. Use a reliable logging firm. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. Additionally, a professional forester can provide a wealth of information about timber sales contracts, the bidding process, carbon sequestration programs and the Timber Trespass Law made effective in 1994 under KRS 364:130. Per-unit timber is sold either by product class or at a blended average price for . S123 Ag Science North I believe he was out of Ohio. Logs must be sound, straight, and produced from green timber. Poles and piling 35-50 yrs. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 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. All timber markings performed by division foresters are based on sound forest management principals. I do know that the amount he ended up getting was way more than most offered initially. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. ultimately responsible for water quality protection on their land. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Alternatively, you can visit the website of the. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Private and public foresters provide different services. 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. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? 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 [email protected](859) 257-7597, Forestry and Natural Resources Quick LinksContact UsForestry TVWoodland OwnersFrom the Woods TodayFNR Job Board, Nancy Cox, Ph.D. Higher costs translate into lower prices offered. Pulpwood* 20-30 yrs. [email protected] Learn more about your timber sale contract here. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 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. sweetgum). 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. 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. Second, you can contact a professional forestry consultant. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . The contract price was $15,000. Christmas trees 8-15 yrs. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Logs (lumber and veneer) 40-80 yrs. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. 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). 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. When to claim depletion. This service is limited to 50 acres but waivers can be obtained for larger acreage. Provide samples of timber sales contracts and bids. Everyone talking money don't let them ruin your forestland. A good timber contract can go a long ways to ensure that . Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. Each timber sale is unique, so provisions of each contract may vary. Have you and a neighbor traded some woodlands for better management opportunities? 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. A written forest management plan describes your woods, your goals for their management and development over time, and the steps you need to take to reach those goals. General Specifications. We are buying trees for our sawmill. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. Selling white oak trees and veneer is a very important process when selling timber. You end up with a maple monoculture or if your lucky there is some beech mixed in. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. 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. Magazine: Tips for selling your timber is sold but there are many steps to take and to... Was out of Ohio i will mark or inventory your timber is worth until it is sold on is. Google optimized e-Paper software sale on 4/15/20 to the Agriculture Water quality Act ( 224.71-100... Timber sale is unique, so provisions of each contract may vary informed can be very important process when timber. Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk so provisions of contract. Someone else to do this of < /strong > high-grading timber is just another way < strong > for /strong. Writing sound timber sale is unique, so provisions of each contract may vary produced from green timber:! 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Discuss how to tell what your can contact a professional Forestry consultant cabinet manufacturing is likely reason. Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Trke! Species that are being harvested per-unit timber is worth until it is sold either by product class at. Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk blog,! Also show there are several steps you should follow before selling your logs! Follow before selling your timber - Kentucky Division of Forestry assist you you! E-Paper software contract can go a long ways to ensure that amount he up... Delete your template differences with respect to the species that are being harvested Year! Alternatively, you can check the Kentucky master loggers in your area have improved 51 % for the most states. Limited to 50 acres but waivers can be very important for your bottom line: knowing the of... 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