Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. How Can a Forester Help? Your file is uploaded and ready to be published. You had owned the timber for more than 1 year before the sale. 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. Conduct an inventory of the trees for sale by species, number, quality and volume. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Selling timber is like that toothere are several steps to the process, many of which may be new to you. You end up with a maple monoculture or if your lucky there is some beech mixed in. Price per acre of hunting land in Kentucky averages $1,600. 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. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Logs 40-80 yrs. Logs must be sound, straight, and produced from green timber. 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. 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. Bowling Green, KY 42103
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. Meet the directors of these agencies: the nation's 59 state foresters. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. 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. 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. Pulpwood* 20-30 yrs. How the sales price is determined. lands as if we were taking care of our own. We offer the lowest consulting fees without compromising the quality of our timber sales services. May 8, 2017 Timber sales timber harvest Bill Klase. Have you and a neighbor traded some woodlands for better management opportunities? Departments & Units / All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. 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. Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. The Kentucky Forest Conservation Act (KRS 149.330 - 149.355) requires that every commercial logging operation in Kentucky have a master logger on site and in charge at all times. To get the best possible price for your timber, youll want to have several competing bids. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. 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. 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. This price was not only the lowest in the region but also the lowest among the 18 states in this report. Are you building roads or fixing drainage problems? By carefully planning your sale and contacting a professional forester for assistance before you begin harvesting, you can go a long way to ensuring a successful timber sale. 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. The contract protects you. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. For example, take a log of 16 inches diameter x 16 . Further, by obtaining the services of a professional, paid or unpaid, you can ensure that the land and forest remaining after the harvest is more productive in the long run. 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. THREE REGIONS, ONE PURPOSE. Often, the larger the sale, the higher the price per unit of wood that can be offered. These two sale approaches probably account for well over half of the timber sold in Kentucky. We do our best to put each log in the competitive market where it will bring the best returns. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 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. 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. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Division of Forestry employees are not experts when it comes to timber tax issues. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. (75-225 yrs. My father-in-law bought timber for years. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. We are a reputable company that will take care of your woodlands as if we were taking care of our own. You must log in or register to reply here. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. What Is My Timber Worth, and How Do I Sell It? Your goal will affect which trees you will want to cut. The cost for this service is $10 per 1,000 board feet. Variables such as distance from the stand to the nearest road, slope, soil wetness, and whether temporary bridges need to be built across streams all can affect operational costs of harvesters and hence what they might be willing to pay to harvest a stand of trees. These tips are all about how to sell timber. Solutions. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Consult a forester before you sell any timber, he recommended. Recent swings in wood fiber demand resulting from the COVID-19 pandemic are vivid examples of the importance of staying up to date with developing trends in timber markets.. For instance, the huge demand shift for tissue products coupled with the slowdown in construction over the last several months presented an ideal time to market and sell timber from young pine stands. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? 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. We grade and seed damage to the land. 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. . Youll need to set some boundaries before you set out to sell. . 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. Baillie's locations are convenient to major North American shipping routes and seaports. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. 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. 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. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . . How much is a mature oak tree worth? For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Landowners choose to conduct timber sales for a variety of reasons. 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. Any thoughts? Are you sure you want to delete your template? Once your timber is marked, you need to prepare a bid for advertised timber contract. They love a "select" cut which they take all the good and leave all the bad. 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. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. 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. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. 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. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. I recently had a logger survey my farm. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Your basis for the timber is $80,000. All timber markings performed by division foresters are based on sound forest management principals. 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. We pay top dollar for your hardwood trees in the following Kentucky counties: We treat people honestly, fairly and the way we want to be treated. 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. Certain types of timber (i.e. (30-130 yrs. In fact, timber cutting is one of the most important management tools for a forester. If youve decided to harvest and sell some of your timber, heres what you need to do: Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. We tell you up-front the amount you will receive for your timber. How to Host a Continuing Education Program. We are insured and Licensed Master Loggers in the State of Kentucky. Performing this action will revert the following features to their default settings: Hooray! South Central Kentucky Don't let them skin you! All rights reserved. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Why Sell Timber? Likewise, larger trees will be worth more than smaller trees. black cherry) are worth more than others (i.e. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . 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. Sell your timber by bids. We sell timber into many different markets as lumber, veneer, and other forest products. Extension / Pulpwood* 30-50 yrs. Pulpwood* and posts 20-30 yrs. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. Most cuts like that maple take over. The data also show there are differences with respect to the species that are being harvested. Logs (lumber and veneer) 40-60 yrs. 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. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. So when you sell timber, give Tri-State Timber a call. 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. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? 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. 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. We are not middlemen or brokers, so we can pay top dollar for your trees. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. JavaScript is disabled. Lexington, KY 40546-0091 One way to locate these foresters is by visiting the. Timber Evaluations and Price Proposals are free. Pulpwood* 15-25 yrs. Example 4. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Have you received ice or other storm damage to your woodlands? Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Timber selling methods. The time to think about a timber sale is years in advance of the actual timber sale. SHOW MORE . Decided to go with Maple which was still $3.30/BF. 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. 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? Are your forestry investments structured so that they will retain their value at your death? However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. 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