Advise landowners about timber trespass laws. Consider both price and quality when selecting a logger. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Use a reliable logging firm. Any thoughts? best). This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Nuts 12+ yrs. 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. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. FAIL (the browser should render some flash content, not this). . It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. SHOW LESS . The training is a three-day program, one day per week for a three-week period. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. He would buy standing timber. Where the property boundaries are located. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com Dean Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Kraig Moore, ACF
LOG LENGTH: 8'8" & 17'6". Will sharing that income with our children serve to enrich and motivate them? Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS Conduct an inventory of the trees for sale by species, number, quality and volume. Megamenu; Timber Prices. Have you taken steps to minimize death taxes? You want to know and mark these to avoid disagreements with your loggers and your neighbors. Posts 25-35 yrs. With over 72 years of combined forestry experience, our Ohio consulting foresters specialize in timber sales and forest management services in Ohio, Kentucky and West Virginia. Most cuts like that maple take over. Performing this action will revert the following features to their default settings: Hooray! I recently had a logger survey my farm. The contract price was $15,000. Selling cut products Documentation of landowner to retain all rights to carbon credits. This mix of 10 x 20 black oak, white oak and post oak trees from a homebuilding site would sell for about $75-$100 each, delivered to a local sawmill. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. West Virginia. 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. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. Fundamentally, steps 1 through 8 are all about being prepared and informed. To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report. Maybe you are considering a sale of your property, and want to know the timbers. 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. 317- 445-2651 . Maximum knot size 5". That's a rare, veneer white oak growing in excellent soil. You must log in or register to reply here. The cost for this service is $10 per 1,000 board feet. Department of Natural Resources and Environmental Sciences. Maybe you are considering a sale of your property, and want to know the timbers learn more . This will give you a % of all trees marked & cut. 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. Timber Evaluations and Price Proposals are free. 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. 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. Are timber sales good for turkey hunting? I believe he was out of Ohio. Logs 40-60 yrs. Pulpwood* 20-30 yrs. How Do I Determine What Trees to Cut? For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. Selling timber. 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. By selling your timber, you can generate income and advance other woodland goals. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. There are several steps you should follow before selling your timber. Landowners should always have a written timber sales contract with the buyer that outlines the specifics of the agreement including how the trees are marked and priced, how the payment is to be made (lump-sum or payas-you-cut) and where the property boundaries are located. Division of Forestry employees are not experts when it comes to timber tax issues. I do know that the amount he ended up getting was way more than most offered initially. Logs (lumber and veneer) 40-80 yrs. Price per acre of hunting land in Kentucky averages $1,600. I can get you the name of the guy my buddy went with in Mercer Co if you want. Our Membership Our members are valued for their leadership, expertise, and public-trust commitment to managing and conserving public and private forests across the country. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. Pulpwood* and posts 15-25 yrs. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! For a better experience, please enable JavaScript in your browser before proceeding. $8.00. I had a buyer tell me a tree I had marked last week was worth $1,000. Solutions. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. Alternatively, you can visit the website of the. 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. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. We are not harvesting more wood than we are growing. How the sales price is determined. Certain types of timber (i.e. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Timber sales are the main service I provide. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. 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. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Tips for Selling Your Timber - Kentucky Division of Forestry. An Official Website of the Commonwealth of Kentucky, Selling timber is something that most woodland owners do infrequently; and therefore, they are not familiar with how to claim the income or deductions when filing income tax forms. There are two methods I use to market timber: This is the most valuable service to landowners. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Lexington, KY 40546-0091 Departments & Units / Youll also need to decide what you want to protect. 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. Selling white oak trees and veneer is a very important process when selling timber. Pulpwood* 10-20 yrs. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . The contract protects you. First, you can call on the free or low-cost services of state or university personnel. Provide guidance regarding carbon sequestration. Youll need to set some boundaries before you set out to sell. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Landowners choose to conduct timber sales for a variety of reasons. I do not charge for our initial meeting. The cost for this service is $10per 1,000 board feet. Then you may qualify for a reforestation tax credit. Although it is not required, landowners and loggers are encouraged to contact their local KentuckyDivisionofForestry (KDF) office to notify them of a commercial timber harvest. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . 1296. 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. Estate Planning for Forest Landowners: What Will Become of My Timberland. The complaint also alleges that there . All the bids are then opened on the day of the sale. 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. Most timber that is not sold by a consultant is sold on what is called the shares method. How Can a Forester Help? CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. In the shares method, you will not know what your timber is worth until the last log is sold. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. They can also provide guidance for establishing planting areas. We are also well positioned to serve . Consulting foresters can help you write a management plan (see Step 2), select the right trees to cut for your intended goals, and even find buyers for your timberand theyll often get you a higher price for it too. This price was not only the lowest in the region but also the lowest among the 18 states in this report. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . Research / Depending on what you have growing on your land, you'll have a different value. Logs (lumber and veneer) 40-60 yrs. The land prices in Indiana and Ohio though are not unfairly gauged, though. Cutting and Selling Your Own Logs. It may not display this or other websites correctly. Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. . Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. We tell you up-front the amount you will receive for your timber. Pulpwood* and posts 20-30 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. NIFA is the federal partner in a vast network of scientists, educators, and extension staff that address critical issues about agriculture, food, the environment, and communities. 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. Logs (boxes, crates, lumber, veneer) 30-50 yrs. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. This comes down to species, size, and quality. 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? Figure out what restrictions you need to protect the health of your woods before you proceed. These two sale approaches probably account for well over half of the timber sold in Kentucky. Learn more about your timber sale contract here. 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. This is for at least five possible reasons. $0.00. 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. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 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. 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. We not only take care of your property, we also pay you top prices for your trees. South Central Kentucky Don't let them skin you! Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Provide samples of timber sales contracts and bids. 2. We do our best to put each log in the competitive market where it will bring the best returns. There are two methods of selling 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. 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. Buyers of Standing Timber and Veneer Logs. All timber markings performed by division foresters are based on sound forest management principals. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. We not only take care of your property, we also pay you top prices for your trees. No seams, splits, rot, shake, or double hearts. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . 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. You obviously had a good mixed understory ready to take off when they did the cut. 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. This contract will spell out the details of the timber sale. Then you will want to know about the IRS Timber Tax Form T available for download from the Internal Revenue Service at http://www.irs.gov/pub/irs-pdf/ft.pdf. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. 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. Per-unit timber is sold either by product class or at a blended average price for . 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. Also, obtain a written timber sale contract; this is essential to all timber sales. Poles and piling 35-50 yrs. "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. 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. 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. Logs (handle stock, lumber) 40-70 yrs. . (75-225 yrs. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Logs must be sound, straight, and produced from green timber. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. The service provided by the division is to assist you with implementation of your forest stewardship plan. 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