We are a reputable company that will take care of your wood. S123 Ag Science North 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. 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. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Example 4. 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. 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. 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. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). HOME; About Us; Where the property boundaries are located. I do not sell timber on the shares method. See below. Pulpwood* and posts 20-30 yrs. The training is a three-day program, one day per week for a three-week period. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. Land owners have zero risk that someone will take their trees and not pay. "Timber buyers routinely purchase tracts of five acres or less." Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. He would buy standing timber. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. Fundamentally, steps 1 through 8 are all about being prepared and informed. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Logs 40-79 yrs. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Philanthropy & Alumni Overly mature, older trees will die of old age, diminishing the value of the forest. 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. Timber sales are the main service I provide. Create a contract and monitor the sale to resolve issues that may arise. First, you can call on the free or low-cost services of state or university personnel. Here is a list of situations/activities that may affect the way you file your income tax returns. 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. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. Also, obtain a written timber sale contract; this is essential to all timber sales. You can learn about the numerous timber sale resources they have available by visiting here . Most timber that is not sold by a consultant is sold on what is called the shares method. Step 1. We tell you up-front the amount you will receive for your timber. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. Pulpwood* 20-30 yrs. 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. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS 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. Extension Specialist, Forestry. Timber selling methods. Will sharing that income with our children serve to enrich and motivate them? The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. That's a rare, veneer white oak growing in excellent soil. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 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. Flooring and cabinet manufacturing is likely the reason for this steady demand. $0.00. Documentation of landowner to retain all rights to carbon credits. jhayek@illinois.edu. All timber markings performed by division foresters are based on sound forest management principals. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? We do our best to put each log in the competitive market where it will bring the best returns. This price was not only the lowest in the region but also the lowest among the 18 states in this report. The contract price was $15,000. Logs (handle stock, lumber) 40-70 yrs. 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. 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. Delivered Wood Price Benchmarks; . 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. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? You must log in or register to reply here. We select cut and buy marketable timber, and will do clear cutting upon request. 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. We are not middlemen or brokers, so we can pay top dollar for your trees. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. All timber markings performed by division foresters are based on sound forest management principals. 2022 Commonwealth of Kentucky. $8.00. Pulpwood* 20-30 yrs. $0.00. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. Timber Evaluations and Price Proposals are free. I can get you the name of the guy my buddy went with in Mercer Co if you want. The data also show there are differences with respect to the species that are being harvested. How Do I Determine What Trees to Cut? This will give you a % of all trees marked & cut. Consult a forester before you sell any timber, he recommended. Once the volumes have been determined, Learn more . Baillie's locations are convenient to major North American shipping routes and seaports. 317- 445-2651 . Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. EN. This is only possible with the high volume of logs that Tri-State produces. Youll need to set some boundaries before you set out to sell. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Of the 821 million board feet harvested in 2015, more than 50 percent of the volume came fromoaks with white oak accounting for 16 percent of the total volume har-vested in Kentucky. 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. Bowling Green, KY 42103 Mark your property lines Pulpwood* 20-30 yrs. 3. These tips are all about how to sell timber. No seams, splits, rot, shake, or double hearts. Sell your timber by bids. 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. How the sales price is determined. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 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. DIAMETER: 9" Minimum 30" maximum on Butt End. 2022 Nature's Choice, LLC | Amish Business. The cost for this service is $10per 1,000 board feet. Most timber in Kentucky is sold on the shares method. 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. 4. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. Have you and a neighbor traded some woodlands for better management opportunities? 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. In most cases, diameter cutting is just another way of high-grading timber. 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. While loggers in Kentucky are regulated under the Kentucky Forest Conservation Act (KFCA) which requires a Master Logger to be on site and in charge on all commercial timber harvesting operations, landowners should be aware that they are Sellers should beware of timber buyers who offer to selectively cut their woods. 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. Tips for Selling Your Timber - Kentucky Division of Forestry. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Are your forestry investments structured so that they will retain their value at your death? Logs 40-60 yrs. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. Logs (lumber and veneer) 40-60 yrs. Once your timber is marked, you need to prepare a bid for advertised timber contract. Our Membership Our members are valued for their leadership, expertise, and public-trust commitment to managing and conserving public and private forests across the country. Lexington, KY 40546-0091 The forest is a complex natural system. 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. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. -. I do not charge for our initial meeting. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. 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. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. THREE REGIONS, ONE PURPOSE. Solutions. ultimately responsible for water quality protection on their land. Logs (lumber and veneer) 40-80 yrs. . 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. Their value at your death KRS 224.71-100 to 224.71-140 ) more information on BMPs, please consult tax... Three-Day program, one day per week for a three-week period carlisle, KY,! Derails in Manatee County ( FL ) while carrying propane tankers land owners have risk... 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