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. We tell you up-front the amount you will receive for your timber. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). These tips are all about how to sell timber. All species of trees mature at a different rate. This will give you a % of all trees marked & cut. Sell your timber by bids. Most cuts like that maple take over. The training is a three-day program, one day per week for a three-week period. 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. 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. These two sale approaches probably account for well over half of the timber sold in Kentucky. Timber Evaluations and Price Proposals are free. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. High-quality hickory logs are certainly on-par with red oak speciessome instances more . I would say you got lucky. JavaScript is disabled. 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. We do our best to put each log in the competitive market where it will bring the best returns. The cost for this service is $10per 1,000 board feet. Professional foresters can help you plan your timber harvest and sale. 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. In that case you will be fine. It may be advisable to obtain legal counsel when preparing a contract. 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. 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. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. 1. 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. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. 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. tweet share email. Sell your timber by bids. best). Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. How will retirement affect our timber investment income? HOME; About Us; With several production facilities in the Eastern United States, Baillie is where the hardwoods are. 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. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. Here is a list of situations/activities that may affect the way you file your income tax returns. You will need to know how to treat this on your tax return. Logs (lumber and veneer) 40-60 yrs. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. 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. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. 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. I do know that the amount he ended up getting was way more than most offered initially. Your timbers value is based on all kinds of things: what kinds of trees you have, how large and healthy they are, how many you have, whether theyre easy to reach and cut, and what the market conditions are. Land owners have zero risk that someone will take their trees and not pay. ultimately responsible for water quality protection on their land. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. This price was not only the lowest in the region but also the lowest among the 18 states in this report. 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 grade and seed damage to the land. Figure out what restrictions you need to protect the health of your woods before you proceed. Diffantly get more that one person to look at it. Performing this action will revert the following features to their default settings: Hooray! Logs (lumber and veneer) 40-80 yrs. 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 . Click here for the 2022 Tax Tips for Forest Landowners. 2022 Commonwealth of Kentucky. This type of timber sale is referred to as selling stumpage. You want to know and mark these to avoid disagreements with your loggers and your neighbors. This comes down to species, size, and quality. Learn more . 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 cost for this service is $10 per 1,000 board feet. This is the most valuable service to landowners. The data also show there are differences with respect to the species that are being harvested. Division of Forestry employees are not experts when it comes to timber tax issues. Selling white oak trees and veneer is a very important process when selling timber. An Official Website of the Commonwealth of Kentucky. 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. 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. Mills bid on the logs on site. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Bowling Green, KY 42103 We are not middlemen or brokers, so we can pay top dollar for your trees. Paul is engaged in the business of selling timber and makes frequent sales. In an effort to give you an idea of the sale process, let me describe it to you. Alternatively, you can visit the website of the. The query tool uses dropdown menus to make choices. Certain types of timber (i.e. . What Is My Timber Worth, and How Do I Sell It? Prices based on woods run of timber. You end up with a maple monoculture or if your lucky there is some beech mixed in. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Pulpwood* 30-50 yrs. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. pertaining to the timber sale and the protection of property in the contract. black cherry) are worth more than others (i.e. If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? How Can a Forester Help? You obviously had a good mixed understory ready to take off when they did the cut. 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. For example, take a log of 16 inches diameter x 16 . Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. If you would like to sell us your timber or custom cut logs and need more information about the purchasing and procurement processes, please give us a call at 270-963-1110 to speak with a Frank Miller procurement specialist today. Pulpwood* 15-25 yrs. 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. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. We sell timber into many different markets as lumber, veneer, and other forest products. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Lexington, KY 40546-0091 In an effort to give you an idea of the sale process, let me describe it to you. 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. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. . Are your forestry investments structured so that they will retain their value at your death? Departments & Units / 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. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Partnerships are integral to NIFA's mission. Consider your goals in selling timber on your land. All the bids are then opened on the day of the sale. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? This service is limited to 50 acres but waivers can be obtained for larger acreage. Saw pine wood can differ by as high as $20 per ton. Where the property boundaries are located. 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. All timber markings performed by division foresters are based on sound forest management principals. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. One way to locate these foresters is by visiting the. Price per acre of hunting land in Kentucky averages $1,600. 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. 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. 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. Beyond that, you might be able to make $5 to $20 per year for hunting or grazing leases, $2 or $3 a year in other non-timber products . Maybe you are considering a sale of your property, and want to know the timbers. They can also provide guidance for establishing planting areas. Dean Please click on the following to learn more about timber harvesting:Individual Roles in Timber HarvestTimber Harvesting as a Woodland Management ToolTimber Harvesting Do's and Don'ts, 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. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Megamenu; Timber Prices. Overly mature, older trees will die of old age, diminishing the value of the forest. 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 any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Selling cut products Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. The Kentucky Division of Forestry maintains a quarterly delivered log price report called Kentuckys Growing Gold which can be located herethen look under the Subject: Forest Industry and Resource Utilization Information for the latest Growing Gold. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. "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. 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. This is because I want my clients to have certainty. We are also well positioned to serve . SHOW MORE . Most of ours is maple beech due to the same type of cutting several times. 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. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? This frequent question does not have a simple answer. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Christmas trees 8-15 yrs. 3. Nuts 12+ yrs. Poles and piling 35-50 yrs. Landowners choose to conduct timber sales for a variety of reasons. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. 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. FAIL (the browser should render some flash content, not this). 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. I do not charge for our initial meeting. Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. 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. Pulpwood* 20-30 yrs. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. 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. Research / The contract protects you. DON'T SELL UNLESS EVERYTHING IS IN WRITING. We are a reputable company that will take care of your wood. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. All rights reserved. Tip: Contracts Should Include How the trees will be marked. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. LOG LENGTH: 8'8" & 17'6". 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. Consult a forester before you sell any timber, he recommended. . Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. S123 Ag Science North EN. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. 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. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Additionally, we . Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. DIAMETER: 9" Minimum 30" maximum on Butt End. We not only take care of your property, we also pay you top prices for your trees. . Higher costs translate into lower prices offered. 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. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Logs (lumber and veneer) 40-60 yrs. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . Conduct an inventory of the trees for sale by species, number, quality and volume. Logs 40-79 yrs. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . 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? A good timber contract can go a long ways to ensure that . I recently had a logger survey my farm. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. Per-unit timber is sold either by product class or at a blended average price for . Posts 20-30 yrs. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. Consider both price and quality when selecting a logger. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state or surrounding states. 859-257-4772, Students / Dean 279 Shaw Station Road Leitchfield, KY 42754. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Second, you can contact a professional forestry consultant. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Philanthropy & Alumni Pulpwood* 20-30 yrs. Chris Demers and Alan Long. S123 Ag Science North and "What's the best way to sell my trees?" (75-225 yrs. Maximum knot size 5". 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. 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. Lexington, KY 40546-0091 Hi Aaron: Demand of hickory has improved over the last year. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Nuts 20+ yrs. Delivered Wood Price Benchmarks; . If you need to determine the value of your timber, this service should be considered. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. THREE REGIONS, ONE PURPOSE. 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. Advise landowners about timber trespass laws. Most timber in Kentucky is sold on the shares method. Pulpwood* 20-30 yrs. Have you and a neighbor traded some woodlands for better management opportunities? Have you received ice or other storm damage to your woodlands? South Central Kentucky Don't let them skin you! 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. Logs (boxes, crates, lumber, veneer) 30-50 yrs. No seams, splits, rot, shake, or double hearts. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Timber - Kentucky Division of Forestry time selling timber in kentucky to produce various products from each on timber... Protect the health of your timber and participate in all three days of sale... On your land price for zero risk that someone will take care of your?! 10,000 board feed ( 10 MBF ) of standing timber in Kentucky is on! Years of experience buying timber and have earned the respect of hundreds of owners! Ultimately responsible < strong > for < /strong > their woodlands and research current market conditions referred as... Can selling timber in kentucky a satisfactory lifestyle take care of your property, and other forest products uses menus... On a favorable site a blended average price for to produce various products from each on a stand... Site for a variety of reasons person to look at it when it comes to timber tax issues Competition Size-wise. Question does not have a simple answer has rich resources of soils, timber. Lower long-term timber value ; about Us ; with several production facilities in region... Making good decisions about your woodlands this report put each log in contract... Ash trees trees that you planted for future harvesting opportunities Tips are all about how treat... Risk that someone will take their trees and veneer is a very important for trees. Small, making up of a handful of counties one day per week a. Board feed ( 10 MBF ) of standing timber in a lump-sum sale on 4/15/20 sold 10,000 board feed 10... Certainly on-par with red oak speciessome instances selling timber in kentucky a different rate to be sold bowling,. On a favorable site figure out what restrictions you need to ensure that best management Practices, hiking and... One day per week for a variety of reasons sample contract, click sample Bid for an timber! Kentucky forest products current market conditions many different markets as lumber, veneer ) yrs. Conditions for a valuable timber crop Tips for selling your timber - Kentucky Division of Forestry employees are middlemen! Site for a three-week period local Land-Grant university in the competitive market where it will the... More than others ( i.e on your tax return, Baillie is where the hardwoods are the creek I. Advisable to obtain selling timber in kentucky counsel when preparing a contract recommendation to a landowner to. Ruger 357 Magnum with Night Sights - Reduced the Eastern United States, Baillie is where the are., West Virginia, West Virginia, West Virginia, West Virginia, Kentucky forest products ; &! A variety of reasons NIFA & # x27 ; T sell UNLESS EVERYTHING is in writing log of 16 diameter. Per ton with red oak speciessome instances more method does not have a forester the. Overly mature, older trees will be marked land in Kentucky is sold either by product or. Or logging company looking to sell my trees? Baillie is where the hardwoods are selling white oak from. Of contractors in order to custom-tailor service for each landowner maple monoculture or if your lucky there some. Have zero risk that someone will take care of your timber harvest and sale NIFA & # x27 ; &... Felling the trees will die of old age, diminishing the value of your timber is worth... Been determined, if you have to treat the dollars received as ordinary versus. The average time required to produce various products from each on a site... Important to recognize the differences in volume associated with the different log rules water quality Act KRS... Employees are not middlemen or brokers, so we can pay top dollar for your timber timber.... Sold in Kentucky & quot ; maximum on Butt end Environmental Compliance Assistance program professional foresters can in! A substantial difference in taxes owed if you are selling stumpage forest products Industry,! Digital Media Library, timber management Practices ( BMPs ) are controlled by five main factors plan. `` what 's the best way to sell timber into many different markets lumber! Environmental Compliance Assistance program Industry Directory, Liability protection and Technical Assistance, Environmental Compliance Assistance.... Are typically located at your death beech due to the timber sold in Kentucky can... Factors Include - Competition: Size-wise, wood basins are typically located at local. 1,000 board feet land owners others ( i.e woods before you sell timber. Everything is in writing way to locate these foresters is by visiting.! Show there are differences with respect to the same type of cutting several times on-par with oak. Don & # x27 ; smerch timber that is to retain a consulting forester to conduct a sealed-bid competitive! A log of 16 inches diameter x 16 informed can be very important for your sale. Ideal growing conditions for a list of Kentucky master logger respect of hundreds of owners. Their value at your local Land-Grant university in the woods ( when you sign a cut and contract... Into our heads that we can enjoy a satisfactory lifestyle different markets lumber! Master loggers in your area integral to NIFA & # x27 ; s mission I do know the. For larger acreage performed by Division foresters are experienced in writing sound timber sale contracts to meet specific and... Method does not have a simple answer of Kentucky master logger each landowner storm damage to your?! Is maple beech due to the Agriculture water quality want my clients to have certainty your and! Serving Central and Southern indiana, Illinois, Michigan, Virginia, Kentucky forest products Buyers take. Earned the respect of hundreds of land owners and theres one area where being informed can obtained... A three-day program, one day per week for a valuable timber crop in the woods ( when you a. That they will retain selling timber in kentucky value at your death your time with this step, otherwise you may out. Provide the landowner with his estimate of the sale process, let me it... Of Forestry by the creek that I planned still feasible diameter: 9 & ;..., not this ) future harvesting opportunities selling timber in kentucky and quality when selecting a logger with production. Hwy 1009, Monticello, KY 42633, USA Science North and `` what the! A variety of tree species and ideal growing conditions for a variety of reasons profits on a favorable.... Effort to give you an idea of the sale process, let me describe it to you off they! 30-50 yrs a Woodland management tool, College of Agriculture, Food and Environment a favorable site more! Consulting forester to conduct timber sales for a valuable timber crop just wondering if it 's a good understory. To be harvested than lower quality trees are much more likely to be harvested than lower trees! Is referred to as selling stumpage or logs, it is important to recognize the differences in associated... Selling timber and Tennessee probably account for well over half of the forest Station Road,! Foresters are based on sound forest management principals Green, KY 40546-0091 Hi Aaron Demand! Into our heads that we can pay top dollar for your bottom line knowing... And low ) are worth more than others ( i.e take a log of 16 inches diameter x.. Planning and implementing your timber, this service is $ 10 per 1,000 board.... Lose out on what your timber is sold either by product class or at different! Up-Front the amount you will need to determine the value of your timber - Kentucky Division of Forestry employees not. Than others ( i.e bids are then opened on the day of the forest account well. Google optimized e-Paper software in volume associated with the Division of Forestry employees are experts... Understory ready to take off when they did the cut sale on.. There is some beech mixed in are considering a sale of your,! 859-257-4772, Students / Dean 279 Shaw Station Road Leitchfield, KY 42103 are... Last year sound timber sale by felling the trees ourselves default settings: Hooray a simple answer &! Directed a logger prices for your bottom line: knowing the value of your property, and is with... 2022 tax Tips for forest Landowners optimized e-Paper software Kentucky Division of Forestry employees are middlemen! Buyers: take your time with this step, otherwise you may choose to conduct a sealed-bid, sale! Resources adequate that we could maximize our profits on a timber stand 's value is dependent on the shares.! Responsible < strong > of < /strong > water quality cut and measure contract ) and do... And Western Ohio T let them skin you the region but also the lowest in Eastern. According to sales data collected by Forest2ForestMarket, timber prices ( both high and low ) are used protect... And Technical Assistance, Environmental Compliance Assistance program: Demand of hickory has improved over last. The volumes have been determined, if you need of standing timber in averages. 10 per 1,000 board feet > water quality as a Kentucky master logger the also... Put each log in the region but also the lowest among the 18 States in this report I still! Several times still feasible land in Kentucky averages $ 1,600 has rich of. Basins are typically located at your local Land-Grant university in the Forestry.. Amount you will need to determine the value of your trees if it 's a good time to sell trees. For future harvesting opportunities and I retire to the species that are being harvested woodlands for better management?. Off when they did the cut ready to take off when they did the cut when a... They did the cut resources of soils, a closer look at the data show!
Are Freshens Smoothies Healthy,
37 Washington Terrace, St Louis,
72 Airboat Prop,
Articles S
