Christmas trees 7-10 yrs. How Do I Choose a Quality Logger? The cost for this service is $10 per 1,000 board feet. Click here for the 2022 Tax Tips for Forest Landowners.. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. Timber is a renewable resource and cash crop that will renew itself if correctly harvested. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. . This service is limited to 50 acres but waivers can be obtained for larger acreage. 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. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? All rights reserved. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. South Central Kentucky Don't let them skin you! Not all timber land is created equal. 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. 2022 Commonwealth of Kentucky. $8.00. Alternatively, you can visit the website of the. 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. Price per acre of hunting land in Kentucky averages $1,600. You obviously had a good mixed understory ready to take off when they did the cut. Are your forestry investments structured so that they will retain their value at your death? 859-257-4772, Students / 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. best). For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. "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. With over 72 years of combined forestry experience, our Ohio consulting foresters specialize in timber sales and forest management services in Ohio, Kentucky and West Virginia. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? 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. Pulpwood* and posts 20-30 yrs. Sell your timber by bids. 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. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. 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. 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. pertaining to the timber sale and the protection of property in the contract. Posts 25-35 yrs. Select cut after select cut tend to lead to a maple dominated forest. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Philanthropy & Alumni Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. EN. Are you receiving cost-share payments? Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? Department of Natural Resources and Environmental Sciences. General Specifications. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. This will give you a % of all trees marked & cut. This is because I want my clients to have certainty. Logs (boxes, crates, lumber, veneer) 30-50 yrs. 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. Have you and a neighbor traded some woodlands for better management opportunities? Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. 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. Pulpwood* 20-30 yrs. Your goal will affect which trees you will want to cut. It may not display this or other websites correctly. Conduct an inventory of the trees for sale by species, number, quality and volume. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Any thoughts? (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. 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. I do not charge for our initial meeting. Logs (lumber, boxes) 40-70 yrs. Likewise, larger trees will be worth more than smaller trees. Are timber sales good for turkey hunting? We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. 2022 Nature's Choice, LLC | Amish Business. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . We are not middlemen or brokers, so we can pay top dollar for your trees. Learn more about your timber sale contract here. 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. Landowners who cut timber on their own land for non-industrial purposes are not required to have a master logger certificate; however, landowners are responsible for implementing best management practices (BMPs) for the purpose of protecting watersheds as required under the Agriculture Water Quality Act. How the sales price is determined. Selling white oak trees and veneer is a very important process when selling timber. I had a buyer tell me a tree I had marked last week was worth $1,000. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. 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!! 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. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Consult a forester before you sell any timber, he recommended. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. $0.00. We are also well positioned to serve . 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. Post anything thread - piss n on lefties version. 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. Do you want them to use existing roads or build new ones? This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. We are not harvesting more wood than we are growing. I can get you the name of the guy my buddy went with in Mercer Co if you want. You must log in or register to reply here. SHOW LESS . Are you sure you want to delete your template? 1609 Harmony Way 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. Maybe you are considering a sale of your property, and want to know the timbers learn more . Timber Evaluations and Price Proposals are free. Nuts 20+ yrs. Research / 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. 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. 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. Tips for Selling Your Timber - Kentucky Division of Forestry. 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. 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. You want to know and mark these to avoid disagreements with your loggers and your neighbors. There are several steps you should follow before selling your timber. Tri-State Timber is a leading producer of veneer and high quality logs. Buyers of Standing Timber and Veneer Logs. Provide samples of timber sales contracts and bids. Logs (lumber and veneer) 40-80 yrs. May 8, 2017 Timber sales timber harvest Bill Klase. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . Second, you can contact a professional forestry consultant. 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