Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service andthe 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. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? 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. tweet share email. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Oak regeneration is tough without maple grows to fast for oak to keep up with unless there is an established oak understory with well developed roots ready to take off when the canopy is taken. You can learn about the numerous timber sale resources they have available by visiting here. black cherry) are worth more than others (i.e. Pulpwood* and posts 20-30 yrs. sweetgum). Your goal will affect which trees you will want to cut. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Nuts 12+ yrs. 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. kraig@kentuckylandandtimber.com
Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Each timber sale is unique, so provisions of each contract may vary. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. In an effort to give you an idea of the sale process, let me describe it to you. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. The purpose of marking is to improve the quality of the stand of timber for the future. Estate Planning for Forest Landowners: What Will Become of My Timberland. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . They love a "select" cut which they take all the good and leave all the bad. Here is a list of situations/activities that may affect the way you file your income tax returns. Bowling Green, KY 42103
This is the most valuable service to landowners. For example, take a log of 16 inches diameter x 16 . In that case you will be fine. 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. Also, once logs leave your property, you cannot be assured you are paid for them. 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. If your timber grows near a lot of mills, your timber might command a higher price than if the timber were far from mills or close to only one or two mills. You had owned the timber for more than 1 year before the sale. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? 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. 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. 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. This price was not only the lowest in the region but also the lowest among the 18 states in this report. 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 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. Tri-State Timber is a leading producer of veneer and high quality logs. Seek the advice of a professional forester. 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. Contacted by the Division of Enforcement? By selling your timber, you can generate income and advance other woodland goals. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Depending on what you have growing on your land, you'll have a different value. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. I do not charge for our initial meeting. Youll need to set some boundaries before you set out to sell. Written notification to adjacent property owners within seven days of starting the harvest. $0.00. 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. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. I will mark or inventory your timber in preparation for a sale. Consider both price and quality when selecting a logger. Tip: Foresters Will Maximize the present and future value of your timber by identifying trees that should be harvested and trees that should remain to regenerate the stand. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. We are also well positioned to serve . Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. These tips are all about how to sell timber. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. West Virginia. I believe he was out of Ohio. Have you received ice or other storm damage to your woodlands? The forest is a complex natural system. 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? Logs (lumber, boxes) 40-70 yrs. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 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. $0.00. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. An oak tree in a timber sale can be worth anywhere from 15 cents a board foot for pallet material quality up to $1.20 per board foot for high quality logs. This is because I want my clients to have certainty. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. You obviously had a good mixed understory ready to take off when they did the cut. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. 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. 1296. 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. 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. Pulpwood* 15-25 yrs. lands as if we were taking care of our own. 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. The complaint also alleges that there . Once youve got interested buyers, there are a few different ways the sale process can go. 2023 Tri-State Timber, LLC. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. 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. Where the property boundaries are located. It may not display this or other websites correctly. Hi Aaron: Demand of hickory has improved over the last year. We begin by meeting to view your timberland. 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. 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? You need to be thinking about your objectives for your property and how a timber sale can further your objectives. Extension Specialist, Forestry. That's a rare, veneer white oak growing in excellent soil. Below we talk about how to answer these questions. 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. (30-130 yrs. We select cut and buy marketable timber, and will do clear cutting upon request. How to Host a Continuing Education Program. We are not middlemen or brokers, so we can pay top dollar for your trees. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Now, obviously prices will range from mill. 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. Partnerships are integral to NIFA's mission. Have you taken steps to minimize death taxes? Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. 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. South Central Kentucky Don't let them skin you! According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. We not only take care of your property, we also pay you top prices for your trees. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. Are there special places in your woods that you dont want disturbed? Yourforest land is a valuable asset and may represent one of the largest financial transactions youll ever make. In the shares method, you will not know what your timber is worth until the last log is sold. *Prices shown are based on per ton stumpage price. 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. 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. 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. One way to locate these foresters is by visiting the. Often, the larger the sale, the higher the price per unit of wood that can be offered. Timber sales are the main service I provide. 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