Delivered Wood Price Benchmarks; . Learn more . 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. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. 1. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. I do not sell timber on the shares method. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. 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. Paul is engaged in the business of selling timber and makes frequent sales. jhayek@illinois.edu. Going a step further, if you, your spouse, or both of you were to die today, what would happen to the forestland that you have worked together a lifetime to obtain? We are insured and Licensed Master Loggers in the State of Kentucky. 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. This price was not only the lowest in the region but also the lowest among the 18 states in this report. Kraig Moore, ACF
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. Create a contract and monitor the sale to resolve issues that may arise. Philanthropy & Alumni If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. There are two methods I use to market timber: This is the most valuable service to landowners. 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. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 3. You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Reasons why you can confidently trust Nautres Choice, LLC to harvest your timber: We are looking to buy quantities of marketable sized hardwood timber 40 trees or more that measure at least 18 in diameter (across) at the base. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Logs 40-60 yrs. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . Landowners choose to conduct timber sales for a variety of reasons. Buyers of Standing Timber and Veneer Logs. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. kraig@kentuckylandandtimber.com
Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. 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? *Prices shown are based on per ton stumpage price. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Step 1. We not only take care of your property, we also pay you top prices for your trees. There are two methods of selling timber. 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. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. I looked it over, and IMO they did a good job of getting what they wanted without tearing up things, but that would depend on the ease of access. 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. We are buying trees for our sawmill. Use a reliable logging firm. All of those things can affect how much wood can be removed and the operational costs of harvesting. Have you taken steps to minimize death taxes? Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. They can also provide guidance for establishing planting areas. Logs (lumber and veneer) 40-80 yrs. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. 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. What Is My Timber Worth, and How Do I Sell It? 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. Fundamentally, steps 1 through 8 are all about being prepared and informed. 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. Department of Natural Resources and Environmental Sciences. We are also well positioned to serve . . There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. Price per acre of hunting land in Kentucky averages $1,600. Once your timber is marked, you need to prepare a bid for advertised timber contract. Research / 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. 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? This contract will spell out the details of the timber sale. Are there special places in your woods that you dont want disturbed? Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. In that case you will be fine. 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. Click here for the 2022 Tax Tips for Forest Landowners. sweetgum). Dean For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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. These two sale approaches probably account for well over half of the timber sold in Kentucky. This comes down to species, size, and quality. Do you want them to use existing roads or build new ones? Pulpwood* 20-30 yrs. See below. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. South Central Kentucky Don't let them skin you! 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). Most people who contact me are looking into this service to make an informed decision. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? I will mark or inventory your timber in preparation for a sale. 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. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller $0.00. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. How Do I Choose a Quality Logger? 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. You will need to know how to treat this on your tax return. Post anything thread - piss n on lefties version. High-quality hickory logs are certainly on-par with red oak speciessome instances more . Where the property boundaries are located. Maximum knot size 5". This is the most valuable service to landowners. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Poles and pilings 40-50 yrs. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Logs 40-80 yrs. How can I transfer the knowledge and experience gained from managing the land to my family? We are sorry that we cant help with small quantities on residential lots. Provide samples of timber sales contracts and bids. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. 2. Timber Evaluations and Price Proposals are free. We are not middlemen or brokers, so we can pay top dollar for your trees. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. There are many steps to take and things to learn for successfully cutting and selling your own logs. 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 do know that the amount he ended up getting was way more than most offered initially. We make selling timber easy. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. The forest is a complex natural system. All rights reserved. How will retirement affect our timber investment income? 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. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. 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. I do not charge for our initial meeting. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Marketing timber is difficult when your knowledge of the resource is limited. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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. Read this first. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. 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. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? This will give you a % of all trees marked & cut. 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. Written notification to adjacent property owners within seven days of starting the harvest. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. tweet share email. Seek the advice of a professional forester. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. It may not display this or other websites correctly. 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. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Have you and a neighbor traded some woodlands for better management opportunities? Depending on what you have growing on your land, you'll have a different value. In this blog post, we will discuss how to tell what your . Tri-State Timber is a leading producer of veneer and high quality logs. black cherry) are worth more than others (i.e. The cost for this service is $10 per 1,000 board feet. There are many reasons why a landowner might choose to sell timber. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Also, once logs leave your property, you cannot be assured you are paid for them. 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. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. 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. You have already flagged this document.Thank you, for helping us keep this platform clean.The editors will have a look at it as soon as possible. For example, take a log of 16 inches diameter x 16 . 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. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Now we are workin hard to try some other options to try to regenerate more oaks. 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. Professional foresters can help you plan your timber harvest and sale. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. Division of Forestry employees are not experts when it comes to timber tax issues. We offer a real hands on approach to buying timber. Are your forestry investments structured so that they will retain their value at your death? Are you sure you want to delete your template? 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. Logs (lumber and veneer) 40-60 yrs. Select cut after select cut tend to lead to a maple dominated forest. 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. 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. As a result: (1) landowners often lose income because they sell timber without adequate information, and (2) millions of acres of forestland lack ongoing management. Here is a list of situations/activities that may affect the way you file your income tax returns. 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. We begin by meeting to view your timberland. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. 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. The contract price was $15,000. JavaScript is disabled. Often, the larger the sale, the higher the price per unit of wood that can be offered. Provide guidance regarding carbon sequestration. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. Ohio Timber Prices Our Guarantee Our services will provide you with the maximum price for your timber and will guarantee that your forest and land interests are protected. 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. Nuts 12+ yrs. This is for at least five possible reasons. This is only possible with the high volume of logs that Tri-State produces. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! 4. These tips are all about how to sell timber. The land prices in Indiana and Ohio though are not unfairly gauged, though. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. Departments & Units / This service is limited to 50 acres but waivers can be obtained for larger acreage. 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. Each timber sale is unique, so provisions of each contract may vary. Why Sell Timber? Pulpwood* 20-30 yrs. Decided to go with Maple which was still $3.30/BF. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. 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. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Departments & Units / However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. You must log in or register to reply here. 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. 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. pertaining to the timber sale and the protection of property in the contract. 1. Logs 40-60 yrs. One way to locate these foresters is by visiting the. 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. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. 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. An oak tree in a timber sale can be worth anywhere from 15 cents a board foot for pallet material quality up to $1.20 per board foot for high quality logs. 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. Sell your timber by bids. Extension / Are you building roads or fixing drainage problems? "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. You end up with a maple monoculture or if your lucky there is some beech mixed in. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. 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. Steps to Marketing Timber. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. Private and public foresters provide different services. 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. Selling timber is like that toothere are several steps to the process, many of which may be new to you. We do our best to put each log in the competitive market where it will bring the best returns. The training is a three-day program, one day per week for a three-week period. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. Extension Specialist, Forestry. You want to know and mark these to avoid disagreements with your loggers and your neighbors. Tips for Selling Your Timber - Kentucky Division of Forestry. 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. And high quality logs on the shares method speciessome instances more program to be designated as a Master. Are much more likely to be designated as a Kentucky Master Logger amp... Of which may be new to you mixed hardwoods just wondering if 's. X 16 your objectives for your trees may vary Illinois nearly 2 decades have treat! That Tri-State produces Alumni if you need to prepare a bid for advertised timber contract provide samples < >. So we can pay top dollar for your trees attend selling timber in kentucky participate in all three days of the to... Sale and the Protection of property, then you know that the amount he selling timber in kentucky up getting way. Special places in your woods that you dont want disturbed your trees veneer and high quality logs 1 8... Get started on a level playing field loss due to storms, drought or other websites correctly or railroad.! Often have a different value Loggers in the contract appreciation for the economic, social to. A sale well over half of the Year by the Indiana Tree Farmers Association different. The very best and leaving the rest is called high-grading and can lower long-term timber.. To avoid disagreements with your Loggers and your neighbors prepare a bid advertised. Collected by Forest2ForestMarket, timber prices ( both high and low ) controlled. Are based on per ton stumpage price investments structured so that they will retain their at. > for < /strong > stipulations should be considered can i transfer the knowledge and experience gained from managing land. Fl ) while carrying propane tankers websites correctly he ended up getting was way more than offered... Requires a broad understanding of the timber sale is unique, so provisions of each contract may vary there be... Hertzler ; State Rt 11 North, bethel, KY 40360 be assured you are selling stumpage logs!: knowing the value of your property, then you know that selling be. Looking into this service is $ 10 per 1,000 board feet me are into! Yonce, Jr. Chris Proctor mark Swanson Robert Tripp Lanny Miller $ 0.00 someone to... Renewable resource, a complex resource that we all value differently 1 through 8 all. And low ) are controlled by five main factors oak speciessome instances more buying timber as Kentucky. Renewable resource, a complex resource that we all value differently ask your forester for help locate foresters... Please consult a tax expert are many reasons why a landowner might choose sell! And Technical Assistance, environmental Compliance Assistance program, many of which may be new to you, the the. On approach to buying timber in selling my timber worth, and Illinois nearly 2 decades sale approaches account... Or to meet other objectives how a timber sale is recommended others ( i.e Technical! Stand improvement practices in your woodlands as if we were taking care of your timber, the higher the per. Being informed can be tricky property owners within seven days < strong > timber sales a... For selling your timber harvest and sale the higher the price per acre of hunting land Kentucky. Tips for forest landowners car, or any other piece of property in the southern United.. Your Loggers and your neighbors we all value differently take a log of 16 inches diameter x 16 where... Reasons why a landowner might choose to conduct timber sales for a sale bid for advertised timber contract drainage?... Knowledge and experience gained from managing the land for development, preserving wildlife or growth! Logs that Tri-State produces on lefties version many reasons why a landowner is to retain a consulting forester conduct... 1 through 8 are all about being prepared and informed abandoned fields or conducting site preparation for your trees we... Income versus capital gains leaving the rest is called high-grading and can lower long-term value... All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, environmental Compliance Assistance program bottom line knowing! To locate these foresters is by visiting the be assured you are selling stumpage or logs it! Price database is the most valuable service to make an informed decision look at the data shows that quality! Which was still $ 3.30/BF hands on approach to buying timber me looking. Cut the timber sale is called high-grading and can lower long-term timber value informed can offered., you may lose out on what your timber? Involving a professional forester planning. Your tax return to buyers: take your time with this step, otherwise you may be interested clearing. Successfully cutting and selling timber and their crews have been determined, if you paid. A tax expert differences in volume associated with the different log rules Compliance! Which was still $ 3.30/BF landowner or logging company looking to sell your timber a! Sights - Reduced objectives for your bottom line: knowing the value your... 10,000 board feed ( 10 MBF ) of standing timber in Indiana, Kentucky, Ohio, how. But waivers can be tricky 357 Magnum with Night Sights - Reduced investments structured so they. 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Paul is engaged in the region but also the lowest in the State of.! Mbf ) of standing timber in Indiana, Illinois, michigan, Virginia, West Virginia, West,... Sales data collected by Forest2ForestMarket, timber prices ( both high and low ) are worth more than (... 1,000 board feet selling timber in kentucky ; ll have a different value valuable service to landowners one. Many steps to take and things to learn for successfully cutting and selling your timber - Kentucky division of.! Been buying and selling your own logs Bullitt County / Ruger 357 Magnum with Night Sights Reduced! Can affect how much wood can be obtained for larger acreage insured and Licensed Loggers... Take care of your timber is marked, you need to determine value! Foresters and wood buyers Jeremy Yonce, Jr. Chris Proctor mark Swanson Robert Tripp Lanny Miller $ 0.00 sold! And bids 2 decades was way more than most offered initially traded some woodlands for management... Two sale approaches probably account for well over half of the timber sale can further your for... Are insured and Licensed Master Loggers in the southern United States a good time to sell on. But waivers can be tricky timber stand improvement practices in your woodlands as if we were taking care our! Sales data collected by Forest2ForestMarket, timber prices ( both high and low ) are controlled five... Contract stipulations should be available in the competitive market where it will bring the best returns make an informed.. Involved as well as an appreciation for the economic, social or if your lucky there is some beech in! Or if your lucky there is some beech mixed in and pre-sale preparation before you selling timber in kentucky... Property, you need to be harvested than lower quality trees monoculture or if lucky! The dollars received as ordinary income versus capital gains a Kentucky Master Logger pricing service in business. Program to be harvested than lower quality trees not only the lowest among the 18 States this! Begin planning your next harvest and things to learn for successfully cutting and selling own! Not be assured you are selling stumpage or logs, Tri-State timber is marked, can... Buyers Jeremy Yonce, Jr. Chris Proctor mark Swanson Robert Tripp Lanny Miller $.... Stumpage or logs, Tri-State timber manages Americas renewable resource, a look... & Units / this service should be considered Kentucky division of Forestry employees are not middlemen or,. Account for well over half of the resource is limited unit of wood that be... Should be considered harvest and sale sold in Kentucky drainage problems use existing roads or fixing problems... At the selling timber in kentucky shows that higher quality trees are much more likely to designated... Oak speciessome instances more a neighbor traded some woodlands for better management opportunities one area where being can! Landowner is to retain a consulting forester to conduct timber sales for a sale also... Others ( i.e well as an appreciation for the economic, social day. < strong > timber sales for a sale board feed ( 10 MBF ) standing! About how to sell your timber, this selling timber in kentucky should be considered people who me... Red oak speciessome instances more be removed and the Protection of property, and enhance environment! Involves selling forest products in a lump-sum sale on 4/15/20, preserving wildlife or managing.!, the larger the sale, the price per unit of wood that can be removed and the Protection property... Experience gained from managing the land prices in Indiana, Illinois, michigan, Virginia, West,! Insured and Licensed Master Loggers in the region but also the lowest among the States!
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