Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Your timber will be on the market for approximately 30 days. Baillie's locations are convenient to major North American shipping routes and seaports. So when you sell timber, give Tri-State Timber a call. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. This will give you a % of all trees marked & cut. Division of Forestry employees are not experts when it comes to timber tax issues. Research / 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. 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. In the shares method, you will not know what your timber is worth until the last log is sold. 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. In fact, timber cutting is one of the most important management tools for a forester. Use a reliable logging firm. One way to locate these foresters is by visiting the. We are not harvesting more wood than we are growing. Tri-State Timber is a leading producer of veneer and high quality logs. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. Although it is not required, landowners and loggers are encouraged to contact their local Kentucky Division of Forestry (KDF) office to notify them of a commercial timber harvest. 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. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. 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. Philanthropy & Alumni 2. Hi Aaron: Demand of hickory has improved over the last year. Visit theTimber Harvesting and Salespage to learn more. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. We are insured and Licensed Master Loggers in the State of Kentucky. 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. When to claim depletion. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Likewise, larger trees will be worth more than smaller trees. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Pulpwood* 20-30 yrs. Have you and a neighbor traded some woodlands for better management opportunities? Proper forest management is accomplished by identifying and selecting the best trees for removal. 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. You obviously had a good mixed understory ready to take off when they did the cut. 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. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. We tell you up-front the amount you will receive for your timber. 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. (75-225 yrs. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. 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. You will need to know how to treat this on your tax return. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . HOME; About Us; The service provided by the division is to assist you with implementation of your forest stewardship plan. Kraig Moore, ACF Maybe you are considering a sale of your property, and want to know the timbers. General Specifications. In that case you will be fine. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Extension / Written notification to adjacent property owners within seven days of starting the harvest. 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. 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. Post anything thread - piss n on lefties version. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Pulpwood* 20-30 yrs. Figure out what restrictions you need to protect the health of your woods before you proceed. Pulpwood* 15-25 yrs. Also, once logs leave your property, you cannot be assured you are paid for them. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. black cherry) are worth more than others (i.e. Any thoughts? Most cuts like that maple take over. Professional foresters can help you plan your timber harvest and sale. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. 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. 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. First, you can call on the free or low-cost services of state or university personnel. 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. The cost for this service is $10 per 1,000 board feet. 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. Nuts 20+ yrs. We grade and seed damage to the land. best). Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. 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. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Your goal will affect which trees you will want to cut. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller Learn more . 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!! Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. 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All timber markings performed by division foresters are based on sound forest management principals. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. South Central Kentucky Don't let them skin you! Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. $0.00. Selling timber. Higher costs translate into lower prices offered. . Cutting and Selling Your Own Logs. 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. Pulpwood* 20-30 yrs. Bowling Green, KY 42103 Logs (lumber and veneer) 40-80 yrs. Then you may qualify for a reforestation tax credit. 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. The forest is a complex natural system. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. How Do I Determine What Trees to Cut? Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Click here for the 2022 Tax Tips for Forest Landowners. The contract price was $15,000. Have you taken steps to minimize death taxes? Sell your timber by bids. 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. Contacted by the Division of Enforcement? I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Extension Specialist, Forestry. tweet share email. Are you receiving cost-share payments? 1296. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. Logs (lumber and veneer) 40-80 yrs. Lexington, KY 40546-0091 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. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. Youll need to set some boundaries before you set out to sell. Your basis for the timber is $80,000. I had a buyer tell me a tree I had marked last week was worth $1,000. 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. 2. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. The data also show there are differences with respect to the species that are being harvested. Selling cut products Pulpwood* and posts 20-30 yrs. 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). Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? There are many reasons why a landowner might choose to sell timber. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com College Partners Directory. He would buy standing timber. Most people who contact me are looking into this service to make an informed decision. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. 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. Youll also need to decide what you want to protect. Prices based on woods run of timber. The land prices in Indiana and Ohio though are not unfairly gauged, though. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. Solutions. I believe he was out of Ohio. Wherever you advertise, include your contact information, the location of your land, the timber species, quality and volume youre selling, the road quality to access the trees, and any other helpful or important points. I recently had a logger survey my farm. 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 . Poles and piling 35-50 yrs. Poles and pilings 40-50 yrs. All species of trees mature at a different rate. Consult a forester before you sell any timber, he recommended. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. West Virginia. Digital Media Library, College of Agriculture, Food and Environment. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Department of Natural Resources and Environmental Sciences. Paul is engaged in the business of selling timber and makes frequent sales. By selling your timber, you can generate income and advance other woodland goals. Maybe you are considering a sale of your property, and want to know the timbers learn more . Timber selling methods. Additionally, we . Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. It may not display this or other websites correctly. jhayek@illinois.edu. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. Logs (lumber and veneer) 40-80 yrs. 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. 1. 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