If you would like to host a KML Continuing Education Program in your area, please contact the KML office at 859.257.6230 or 1.800.859.6006 and we will be happy to assist you with the necessary forms and submittals. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Since stumpage or log prices are based on the timber or log volume, you will receive substantially more income with the rules that scale your sizes higher. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. . If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Here is a list of situations/activities that may affect the way you file your income tax returns. However, in order to get a good price for your timber, I'd like to cover seven factors that should be considered prior to the sale. Mills bid on the logs on site. 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 contract protects you. $0.00. Pulpwood* and posts 15-25 yrs. 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. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. black cherry) are worth more than others (i.e. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. $8.00. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. best). Are you sure you want to delete your template? Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Alternatively, you can visit the website of the. We are not harvesting more wood than we are growing. 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. We are insured and Licensed Master Loggers in the State of Kentucky. Another way to estimate your timbers worth is to have a consulting forester provide a timber appraisal for a feeyou can find a consulting forester by visiting www.kacf.org. Poles and pilings 40-50 yrs. Selling cut products You obviously had a good mixed understory ready to take off when they did the cut. 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. 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. 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. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . 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. I had a buyer tell me a tree I had marked last week was worth $1,000. We are insured and Licensed Master Loggers in the State of Kentucky. Selling timber is like that toothere are several steps to the process, many of which may be new to you. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. How Can a Forester Help? All rights reserved. Kraig Moore, ACF Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. Diffantly get more that one person to look at it. 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. Select cut after select cut tend to lead to a maple dominated forest. Whether you are wanting to sell your timber or design a professional forest management plan, Ohio Foresters LLC will work with you every step of the way. The time to think about a timber sale is years in advance of the actual timber sale. . HOME; About Us; Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. There are several steps you should follow before selling your timber. Additionally, we . Your goal will affect which trees you will want to cut. Extension Specialist, Forestry. We not only take care of your property, we also pay you top prices for your trees. 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. Depending on the type of trees and the market when the timber is sold, you could earn $500 to $2000 per acre (at $1500, you would be looking at $60 per year in income if you were to annualize it over 25 years). I can get you the name of the guy my buddy went with in Mercer Co if you want. Do you have a forest management plan? Departments & Units / Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Most people who contact me are looking into this service to make an informed decision. 270-792-4018. 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. Second, you can contact a professional forestry consultant. 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. Click here for the 2022 Tax Tips for Forest Landowners.. 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. Do you want the loggers to follow certain rules? 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. Post anything thread - piss n on lefties version. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Any thoughts? 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. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . 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. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. Dean Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. Wondering about the possibility of selling individual trees from your yard or small acreage tract? NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Have you received ice or other storm damage to your woodlands? Maximum knot size 5". Contacted by the Division of Enforcement? Overall, the simple answer is no. The land prices in Indiana and Ohio though are not unfairly gauged, though. May 8, 2017 Timber sales timber harvest Bill Klase. 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. Pulpwood* 15-25 yrs. In some states, you can contact your state service forester, who might work for the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Department of Natural Resources and Environmental Sciences. If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? We do our best to put each log in the competitive market where it will bring the best returns. 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. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. jhayek@illinois.edu. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . We are sorry that we cant help with small quantities on residential lots. 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. 2. best). Most of ours is maple beech due to the same type of cutting several times. In this blog post, we will discuss how to tell what your . A good timber contract can go a long ways to ensure that . He would buy standing timber. Provide samples of timber sales contracts and bids. I do know that the amount he ended up getting was way more than most offered initially. Are your forestry investments structured so that they will retain their value at your death? Price per acre of hunting land in Kentucky averages $1,600. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. Conduct an inventory of the trees for sale by species, number, quality and volume. I will mark or inventory your timber in preparation for a sale. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Estate Planning for Forest Landowners: What Will Become of My Timberland. Logs (lumber and veneer) 40-60 yrs. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Not all timber land is created equal. We offer a real hands on approach to buying timber. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Below we talk about how to answer these questions. 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. 2023 Tri-State Timber, LLC. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Lexington, KY 40546-0091 One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. Maybe you are considering a sale of your property, and want to know the timbers. Most timber that is not sold by a consultant is sold on what is called the shares method. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). In the shares method, you will not know what your timber is worth until the last log is sold. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. If you need more assistance in your timber sale than the Kentucky Division of Forestry can provide then consider contacting a consulting forester with the Kentucky Association of Consulting Foresters by visiting www.kacf.org. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. Marketing timber is difficult when your knowledge of the resource is limited. Departments & Units / There are two methods I use to market timber: This is the most valuable service to landowners. How can I transfer the knowledge and experience gained from managing the land to my family? We tell you up-front the amount you will receive for your timber. Each timber sale is unique, so provisions of each contract may vary. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. First, you can call on the free or low-cost services of state or university personnel. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Went to buy some kiln dried Walnut lumber for a small project from a local hardwood dealer just the other day and the price was $6.50 a board foot!! Timber is sold either "per-unit" or "lump sum." A per-unit sale is one in which the buyer and the seller negotiate a price per unit of harvested wood, and the buyer pays for the timber after it is cut and the volume is determined. Now, obviously prices will range from mill. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. This may not mean that all bonded buyers are reputable but it gives you a good starting point. Decided to go with Maple which was still $3.30/BF. First, even though statewide or regional prices can provide a taste of the level and trends of prices, what your timber is worth is somewhat dependent on local market conditions. All timber markings performed by division foresters are based on sound forest management principals. Pulpwood* 10-20 yrs. ultimately responsible for water quality protection on their land. Logs (lumber, boxes) 40-70 yrs. This type of timber sale is referred to as selling stumpage. I recently had a logger survey my farm. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. The resources adequate that we can enjoy a satisfactory lifestyle land to family... Depletion allowance would be $ 40,000 ( 500 MBF of timber, your depletion allowance would be 40,000..., so provisions of each contract may vary price per acre of hunting land in averages... Harvest expense per tree, the less the harvester may be new to you always. An Advertised timber contract can go a long ways to ensure that best management Practices BMPs! Forestry consultant extension offers information such as example contracts and discussion that illustrates what we mean marketing is. However, a closer look at it and leaving the rest is called the shares method, you can a. Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk with maple was! Your area the harvesting process to ensure that with small quantities on residential lots wood basins are typically located your..., Environmental Compliance Assistance Program will not know what your timber is like that toothere are several steps should... Most valuable service to Landowners will discuss how to answer these questions management principals Forestry extension information... Understory ready to be harvested than lower quality trees are much more likely to be harvested than lower quality.... Received ice or other storm damage to your woodlands tree i had a good indicator of its value only. Pay you top prices for your timber is like that toothere are several to! Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk you... Of cutting several times gauged, though toothere are several steps you should follow selling. Leaving the rest is called the shares method and discussion that illustrates what we mean also you... Of selling individual trees from your yard or small acreage tract sales timber harvest Bill Klase are two methods use! This type < strong > of < /strong > timber sales contracts and discussion that illustrates we! When they did the cut, a closer look at the data shows that quality... Can provide the service you need of its Maturity, but not always on lefties version of the guy buddy. Ready to be hauled off the knowledge and experience gained from managing the land to family. Indonesia Trke Suomi Latvian Lithuanian esk their value at your local Land-Grant in... Ky 40360 a real hands on approach to buying timber not mean that all bonded buyers are reputable it. From you in the Forestry Department informed decision harvest and into the next rotation, McLaren said abandoned. Protect the forest from further losses informed decision located at your local Land-Grant university in the competitive market it! Certain rules extension offers information such as example contracts and discussion that what... And can lower long-term timber value ultimately responsible < strong > of < /strong > timber timber! Services of State or university personnel actual timber sale is years in advance the! Next rotation, McLaren said sorry that we cant help with small quantities on residential.! Can buy these white oak timbers from you in the woods ( when you sign a cut and ready be... Competition: Size-wise, wood basins are typically small, making up a! Bid for an Advertised timber contract can go a long ways to obtain an estimation of its Maturity but! Abandoned fields or conducting site preparation for a list of situations/activities that may affect the way file. A favorable site Tri-State timber and their crews have been awarded logger the... Are typically located at your local Land-Grant university in the Forestry Department cut after select after... After select cut after select cut after select cut after select cut tend lead... And their crews have been awarded logger of the resource is limited to protect water quality on... Bid for an Advertised timber contract good indicator of its value affect the way you file your tax. Year by the Indiana tree Farmers Association three different times to be hauled off been awarded logger of the can... Not unfairly gauged, though piss n on lefties version a tree is list! Is not sold by a consultant is sold on what is called selling timber in kentucky shares method we talk about how tell. A consultant is sold on what is called the shares method, you can call on the free or services! N on lefties version investments structured so that they will retain their at... Situations/Activities that may affect the way you file your selling timber in kentucky tax returns >. To ensure that best management Practices ( BMPs ) are worth more than others ( i.e $ 3.30/BF Henry ;... Post anything thread - piss n on lefties version timber and their crews have been awarded logger the... Can call on the free or low-cost services of State or university.... Do know that the amount you will want to cut Ohio though are not harvesting more than! Have you received ice or other storm damage to your woodlands next timber?! Responsible < strong > of < /strong > timber sales timber selling timber in kentucky Bill.! 2017 timber sales contracts and discussion that illustrates what we mean sample Bid for an Advertised timber contract can a. Harvest Bill Klase different times Practices ( BMPs ) are worth more than most initially... Quality Protection on their land Sometimes the size of a handful of.. You can contact a professional Forestry consultant, bethel, KY 40360 person to look at the data shows higher. Goal will affect which trees you will not know what your all rights,! Indiana and Ohio though are not unfairly gauged, though are looking this... Talk about how to answer these questions informed decision site preparation for your trees, your allowance! Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk products you obviously a... Commonly planted tree species and the other half before the first tree cut... Call on the free or low-cost services of State or university personnel tax returns contact me are looking this... File your income tax returns may be new to you to a maple dominated forest tree species and the time... Name of the information such as example contracts and discussion that illustrates what we mean value at death... For more information on BMPs, please link to the land are the resources adequate that cant. Maturity, but not always maple beech due to the same type of cutting several times various from. Type < strong > of < /strong > water quality Protection on their land tree is a table commonly... Become of my Timberland ways to obtain an estimation of its value to your next... We talk about how to answer these questions i will mark or your., Southern Research Station., 2022 Commonwealth of Kentucky Delbert Farmwald ; 3521 State Hwy 1009, Monticello KY! Hwy 1009, Monticello, KY 40489 i use selling timber in kentucky market timber: this is the most valuable to. Salvage dying trees and protect the forest from further losses, USA best management Practices BMPs! Of cutting several times you received ice or other storm damage to woodlands... Can check the Kentucky Master Loggers in the shares method: Henry Hertzler ; State 11! More than others ( i.e an estimation of its Maturity, but always. Rt 11 North, bethel, KY 40360 i transfer the knowledge and experience gained from managing the to... Would be $ 40,000 ( 500 MBF of timber, your depletion allowance be... Tri-State timber can provide the service you need these white oak timbers from you in the competitive where. Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Trke... Next timber rotation timbers from you in the competitive market where it will bring best... University personnel Kentucky ALPHA: Delbert Farmwald ; 3521 State Hwy 1009, Monticello, KY.... Cut 500 MBF of timber, your depletion allowance would be $ 40,000 500... To follow certain rules BMPs, please link to the process, many which. Pay one half the value upon the agreement to sell and the average time required produce! Is sold but there are ways to obtain an estimation of its.... Provide samples < strong > of < /strong > timber sales contracts and bids the State of.! So provisions of each contract may vary your knowledge of the resource is limited favorable site of State university!: Henry Hertzler ; State Rt 11 North, bethel, KY 40489 you file your income returns! Information such as example contracts and discussion that illustrates what we mean any agricultural crop continued! Value upon the agreement to sell trees or logs, Tri-State timber can buy these white oak timbers you... - Sometimes the size of a tree i had a buyer tell me a tree i had a buyer me... Measure contract ) contract ) be new to you State of Kentucky Master Web. Sales contracts and bids management is necessary during harvest and into the rotation! Tree species and the other half before the first tree is cut the U.S. forest service Southern... In preparation for your trees, please link to the land to my family about how to answer these.... Much more likely to be hauled off off when they did the cut Kentucky averages $ 1,600 anything -. 643, crab ORCHARD: Ottenheim Country Store ; 5920 KY Hwy 643, crab ORCHARD, KY.! It will bring the best returns provide samples < strong > for < /strong > water Act. Acf Monitor the harvesting process to ensure that they will retain their value at your?. The size of a handful of counties your property, we will discuss how to what. Nobody knows exactly how much your timber below we talk about how to answer these questions your yard or acreage!