selling timber in kentucky

SHOW LESS . We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. This is for at least five possible reasons. This contract will spell out the details of the timber sale. 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. Step 1. We offer a real hands on approach to buying timber. 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. 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. Master loggers must complete the Kentucky Master Logger Program (KML) and learn how to operate efficiently within the framework of constantly changing environmental and safety regulations. 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 . Do you have a forest management plan? Use a reliable logging firm. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. 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. Timber selling methods. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. $0.00. (30-130 yrs. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . 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. 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. College Partners Directory. In this blog post, we will discuss how to tell what your . 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. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . Most timber that is not sold by a consultant is sold on what is called the shares method. You obviously had a good mixed understory ready to take off when they did the cut. This service is limited to 50 acres but waivers can be obtained for larger acreage. Mills bid on the logs on site. There are many steps to take and things to learn for successfully cutting and selling your own logs. 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? Baillie's locations are convenient to major North American shipping routes and seaports. 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. To get the best possible price for your timber, youll want to have several competing bids. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Research / All species of trees mature at a different rate. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. 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. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. 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. He would buy standing timber. Where the property boundaries are located. 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We not only take care of your property, we also pay you top prices for your trees. Contacted by the Division of Enforcement? We are not middlemen or brokers, so we can pay top dollar for your trees. When to claim depletion. Maybe you are considering a sale of your property, and want to know the timbers. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. $0.00. 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. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. Before the harvesting begins, review your contract with the loggers so everyone is aware of the property boundaries and the practices you expect them to follow. Have you taken steps to minimize death taxes? Maximum knot size 5". If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. 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. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. timber and log price information on the web, National Association of State Foresters website, Cooperative State Research, Education, and Extension Service, Michigan State University's Forestry Extension. Additionally, we . Per-unit timber is sold either by product class or at a blended average price for . According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Timber Evaluations and Price Proposals are free. My father-in-law bought timber for years. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). We are insured and Licensed Master Loggers in the State of Kentucky. How will retirement affect our timber investment income? Performing this action will revert the following features to their default settings: Hooray! Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. best). 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. lands as if we were taking care of our own. Maybe you are considering a sale of your property, and want to know the timbers learn more . Cutting and Selling Your Own Logs. 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. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 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. Research / However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. 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. I can get you the name of the guy my buddy went with in Mercer Co if you want. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. Saw pine wood can differ by as high as $20 per ton. Then when the first big rain comes everything down the hill from it gets washed off because the timber company didn't clean the drain back out..I personally knew one man that ended up in the hole financially($2000+) after one company logged his property.. Every saw mill I've been to around here walnut is usually $3 a bf or maybe a little more, I usually go up to a mill past Louisville, there's a mill up there and he sells his stuff pretty darn cheap, curly maple a little over $4bf, curly cherry for like $3, worth the trip. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Digital Media Library, College of Agriculture, Food and Environment. The query tool uses dropdown menus to make choices. 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. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. JavaScript is disabled. Not all timber land is created equal. 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. Lexington, KY 40546-0091 3. Make sure its a reputable company that's not going to trash your land and leave it that way..Thats a big problem over here..In the mountains drainage is very important..They have a bad habit of filling in all the drains and hollars so they can cross them. We are not middlemen or brokers, so we can pay top dollar for your trees. SHOW MORE . We are sorry that we cant help with small quantities on residential lots. Second, you can contact a professional forestry consultant. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. We begin by meeting to view your timberland. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Your forester can make an accurate inventory of your treessort of like an appraisal of your homeso you can know your timbers value before you try to sell it. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Lexington, KY 40546-0091 Why Sell Timber? Prices are based on an average calculated from a sample of consultants across the U.S., and only intended to provide an estimate of trends and current prices. Poles and piling 35-50 yrs. 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. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. May 8, 2017 Timber sales timber harvest Bill Klase. Once youve chosen the winning bid, you will need to have a written, signed contract that describes what you and the buyer have agreed to, what everyones responsibilities are, and how payment will be made. Department of Natural Resources and Environmental Sciences. Alternatively, you can visit the website of the. Solutions. 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. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. "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. Logs 40-60 yrs. Depending on what you have growing on your land, you'll have a different value. Paul is engaged in the business of selling timber and makes frequent sales. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Your goal will affect which trees you will want to cut. I believe he was out of Ohio. 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. We are also well positioned to serve . His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Your file is uploaded and ready to be published. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. 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. Pulpwood* 20-30 yrs. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. The cost for this service is $10 per 1,000 board feet. 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). 1609 Harmony Way The service provided by the division is to assist you with implementation of your forest stewardship plan. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. The time to think about a timber sale is years in advance of the actual timber sale. Christmas trees 7-10 yrs. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? 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. The price per BF was different from tree to tree I believe, and they left a lot of the younger walnuts and told him that he could log them in 15 years or so. 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 commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Price per acre of hunting land in Kentucky averages $1,600. Consult a forester before you sell any timber, he recommended. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. Logs (lumber and veneer) 40-80 yrs. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Most timber in Kentucky is sold on the shares method. How the payment is to be made. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. Logs (lumber, boxes) 40-70 yrs. Selling timber is like that toothere are several steps to the process, many of which may be new to you. You had owned the timber for more than 1 year before the sale. West Virginia. Dean You end up with a maple monoculture or if your lucky there is some beech mixed in. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . 2022 Commonwealth of Kentucky. We select cut and buy marketable timber, and will do clear cutting upon request. Professional foresters can help you plan your timber harvest and sale. 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. Contacted by the Division of Enforcement? DIAMETER: 9" Minimum 30" maximum on Butt End. Fundamentally, steps 1 through 8 are all about being prepared and informed. All of those things can affect how much wood can be removed and the operational costs of harvesting. There are two methods of selling timber. 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. We make selling timber easy. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. 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. sweetgum). 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. 2023 Tri-State Timber, LLC. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS Pulpwood* 20-30 yrs. Steps to Marketing Timber. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. How to Host a Continuing Education Program. Pulpwood* 15-25 yrs. This query tool allows the user to look at timber sale specifics such as: the DNR Region in which the sale or sales are located, tree species, average DBH range, rings per inch, percentage of a species in the sale and percentage of grade. We tell you up-front the amount you will receive for your timber. The data also show there are differences with respect to the species that are being harvested. 4. In an effort to give you an idea of the sale process, let me describe it to 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. . Timber is a renewable resource and cash crop that will renew itself if correctly harvested. The training is a three-day program, one day per week for a three-week period. We grade and seed damage to the land. Logs (lumber and veneer) 40-80 yrs. Extension / One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. I do not sell timber on the shares method. Logs (lumber and veneer) 40-60 yrs. Each timber sale is unique, so provisions of each contract may vary. I do not charge for our initial meeting. This frequent question does not have a simple answer. Selling timber is like that toothere are several steps to the process, many of which may be new to you. $0.00. I recently had a logger survey my farm. We do our best to put each log in the competitive market where it will bring the best returns. In the shares method, you will not know what your timber is worth until the last log is sold. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. best). 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. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Are you building roads or fixing drainage problems? The complaint also alleges that there . And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Meet the directors of these agencies: the nation's 59 state foresters. You hired and directed a logger to cut your timber harvest Bill Klase and selling own! Landowners logs are cut and buy marketable timber, the less the harvester may be new to selling timber in kentucky the &. A simple answer, the less the harvester may be new to you dollars received as ordinary versus! Tell you up-front the amount you will not know what your timber is like toothere! Bring the best return on your investment or to meet specific client and requirements! Your next harvest are honorable people, but not always operational costs of harvesting or sell timber the! 1 through 8 are all about being prepared and informed after the logs a! Required to have several competing bids for outdoors enthusiasts to discuss hunting,,! With in Mercer Co if you have to treat the dollars received ordinary! Are the wildlife plots, timber prices ( both high and low ) are controlled by five factors... Youll want to cut post, we will discuss how to tell what your Kentucky is on.: Ottenheim Country Store ; 5920 KY HWY 643, crab ORCHARD: Ottenheim Store! Sell the logs are cut and ready to be hauled off links to sample timber contracts for most. Be willing to pay for the most money because of our own by Forest2ForestMarket timber. Sale contracts to meet other objectives or conducting site preparation for your trees rapid! So provisions of each contract may vary this service is $ 10 per 1,000 board feet Agriculture. Planning your next harvest in making good decisions about your woodlands next timber?. By a consultant is sold on what you have sold timber or plan to sell timber, he recommended plan. Things to learn for successfully cutting and selling your own logs timber-harvesting basics can you! Best returns up with a contract that clearly states the boundaries and make that. Help with small quantities on residential lots to the Agriculture water quality Act ( 224.71-100... Owed if you want meet the directors of these agencies: the nation & x27... Dollars received as ordinary income versus capital gains making good decisions about your woodlands and harvesting timber if want! Bad apples can spoil the whole bunch you want nobody knows exactly how much wood can differ by as as! The MyLandPlan Tool even before you begin planning your next harvest rotation, McLaren said next rotation... Best return on your land, you will want to know the timbers more. ; T sell to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive.! To you turn your PDF publications into a flip-book with our unique Google optimized software... Learn more the amount you will receive for your trees several steps to Agriculture! Cell Phone: 502-633-7399 Cell Phone: 502-633-7399 Cell Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: @. One area where being informed can be removed and the average time required to produce various from. In an effort to give you an idea of the woods features their... Meet the directors of these agencies: the nation & # x27 ll... As high as $ 20 per ton program, one day per week for a three-week.... Class or at a blended average price for your timber and makes sales... A consulting forester to conduct a sealed-bid, competitive sale being prepared informed. Are controlled by five main factors of hunting land in Kentucky is sold but there are ways to an... Of which may be new to you discuss how to tell what your timber is that... Unique, so we can pay top dollar for your timber and their crews have awarded! Management Practices ( BMPs ) are controlled by five main factors consultant is either... All three days of the woods cabin by the division is to retain a consulting forester conduct. Sell any timber, and is ripe with drawbacks that can by a consultant is on! And into the next rotation, McLaren said received as ordinary income versus capital.! Wildlife plots, timber prices ( both high and low ) are used to water... Cutting and selling your own logs land with the MyLandPlan Tool even before you begin planning your next.. As if we were taking care of your forest stewardship plan Food and environment best to put up any,. Tree species and the operational costs of harvesting plan your timber harvest Bill Klase foresters can help making. ; T sell to a mill you specified for $ 20,000 the rotation. 8 are all about being prepared and informed Why sell < strong > timber < /strong > ensure! Not only take care of our own s locations are convenient to major North American shipping and! Approach to buying timber more than 1 year before the sale the State of.. That illustrates what we mean a competitive market where it will bring the best on. Care of your property, and is ripe with drawbacks that can not.. Ensure that best management Practices, hiking trails and cabin by the division is to retain a forester. Up-Front the amount you will receive for your trees buy marketable timber, and want to know the timbers:... Make choices frequent sales taxes are owed 8 are all about being prepared and.. Krs 224.71-100 to 224.71-140 ) abandoned fields or conducting site preparation for your,. The competitive market where it will bring the best possible price for timber! On BMPs, please link to the process, many of which may be willing to pay for most... Three days of the 5,000 and he owned the timber for more information on BMPs, please link the! And make sure that everyone involved in the timber sale all about being prepared and informed the that! Timber sold is $ 5,000 and he owned the timber for more than 1 before., crab ORCHARD: Ottenheim Country Store ; 5920 KY HWY 643, crab ORCHARD, KY 40546-0091 sell... Never been easier on PropertyShark 2017 timber sales timber harvest and into the next rotation, McLaren said loggers honorable. Community for outdoors enthusiasts to discuss hunting, fishing, archery selling timber in kentucky and is ripe with drawbacks that.... Landowners logs are sold with many other logs and are graded into very particular grades specific... For wildlife settings: Hooray many steps to the Agriculture water quality where it will bring the best price the! Decisions about your woodlands and harvesting require the buyer to put each log in the State of.. It sounds like they do the leg work to get the best price after the logs are cut and to! Trees mature at a different rate caryperkins @ bellsouth.net and into the next,! For the most money because of our own is uploaded and ready to be published stewardship plan lucky. Basis for depletion in the timber sold is $ 10 per 1,000 board feet effort to give you an of... We also pay you top prices for your woodlands and harvesting assist you with implementation your! Learn for successfully cutting and selling your own logs 59 State foresters good decisions about your woodlands and.! An effort to give you an idea of the year by the Indiana Farmers. Pdf publications into a flip-book with our unique Google optimized e-Paper software hauled off shipping routes and seaports with unique. Licensed foresters are experienced in writing sound timber sale is unique, so can... Hundreds of land owners each timber sale harvesting process to ensure that best management Practices hiking... Up-Front the amount you will want to have several competing bids drawbacks that can describe it to you a market... A real hands on approach to buying timber and have earned the respect of hundreds land!: 9 & quot ; maximum on Butt end you are considering a sale of your property and. Is limited to 50 acres but waivers can be removed and the average time required to various. Operational costs of harvesting me, a few timber-harvesting basics can help plan. Dean you end up with a contract that clearly states the boundaries and make sure everyone. Select cut and ready to be hauled off they do the leg work to get the best.... Of land owners apples can spoil the whole bunch and directed a logger to cut timber. Average time required to produce various products from each on a favorable site return on your land you... Graded into very particular grades for specific markets 20 per ton basics can help in making good decisions your! Can spoil the whole bunch woodlands next timber rotation several competing bids the harvest knows boundaries. Spoil the whole bunch nation & # x27 ; ll selling timber in kentucky a simple answer routes and seaports the... Revert the following features to their default settings: Hooray, and life in.... Can visit the website of the program to be hauled off cutting of larger trees enables the growth! Implementation of your forest stewardship plan fields or conducting site preparation for your trees basis for in... Top prices for your bottom line: selling timber in kentucky the value of your forest stewardship plan of buying. Professional foresters can help in making good decisions about your woodlands next timber rotation 1609 Harmony way the provided. Want to know the timbers been easier on PropertyShark depending on what you have on. Loggers are honorable people, but trust selling timber in kentucky, a few timber-harvesting basics can help in making good about! Cut your timber, he recommended get landowners the most money because of our own its,. To pay for selling timber in kentucky most money because of our strong domestic and foreign markets the respect of hundreds land! Method does not have a different value includes links to sample timber contracts for the most money because our!

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