CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. I can get you the name of the guy my buddy went with in Mercer Co if you want. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. Extension / Selling timber is not simple, and there are many potential ways in which a landowner working without professional forestry expertise can be taken advantage of. Logs (lumber and veneer) 40-60 yrs. Tips for Selling Your Timber - Kentucky Division of Forestry. I will mark or inventory your timber in preparation for a sale. You want to know and mark these to avoid disagreements with your loggers and your neighbors. 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 . These tips are all about how to sell timber. Likewise, larger trees will be worth more than smaller trees. 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. Written notification to adjacent property owners within seven days of starting the harvest. 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. You had owned the timber for more than 1 year before the sale. 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. Sell your timber by bids. 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. Dean Departments & Units / : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 2022 Nature's Choice, LLC | Amish Business. This price was not only the lowest in the region but also the lowest among the 18 states in this report. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. May 8, 2017 Timber sales timber harvest Bill Klase. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. 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. 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. -. EN. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS DON'T SELL UNLESS EVERYTHING IS IN WRITING. Whether you are wanting to sell your timber or design a professional forest management plan, Ohio Foresters LLC will work with you every step of the way. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. Your basis for the timber is $80,000. Alternatively, you can visit the website of the. I do not charge for our initial meeting. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. ultimately responsible for water quality protection on their land. 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. I had a buyer tell me a tree I had marked last week was worth $1,000. Division of Forestry employees are not experts when it comes to timber tax issues. 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. Pulpwood* and posts 15-25 yrs. Then you may qualify for a reforestation tax credit. NIFA is the federal partner in a vast network of scientists, educators, and extension staff that address critical issues about agriculture, food, the environment, and communities. 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. Have you and a neighbor traded some woodlands for better management opportunities? 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. 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. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Have you taken steps to minimize death taxes? 270-792-4018. best). 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. I do not charge for our initial meeting. How Can a Forester Help? 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!! (30-130 yrs. 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. The physical boundaries include the edges and corners of your woods. 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. He would buy standing timber. 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. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. 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. All timber markings performed by division foresters are based on sound forest management principals. Are timber sales good for turkey hunting? We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. This may not mean that all bonded buyers are reputable but it gives you a good starting point. Provide samples of timber sales contracts and bids. Poles and piling 35-50 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. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. . 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. . To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report. All rights reserved. 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. DIAMETER: 9" Minimum 30" maximum on Butt End. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. Most people who contact me are looking into this service to make an informed decision. Learn more about your timber sale contract here. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. You can learn about the numerous timber sale resources they have available by visiting here. Land owners have zero risk that someone will take their trees and not pay. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? Fundamentally, steps 1 through 8 are all about being prepared and informed. That's a rare, veneer white oak growing in excellent soil. Christmas trees 8-15 yrs. 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 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. Timber sales are the main service I provide. Logs (handle stock, lumber) 40-70 yrs. It may be advisable to obtain legal counsel when preparing a contract. $8.00. 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. Cutting and Selling Your Own Logs. Oak regeneration is tough without maple grows to fast for oak to keep up with unless there is an established oak understory with well developed roots ready to take off when the canopy is taken. Extension / We are not middlemen or brokers, so we can pay top dollar for your trees. We are sorry that we cant help with small quantities on residential lots. Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . Christmas trees 8-15 yrs. kraig@kentuckylandandtimber.com Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. The reason there is not a simple answer to this question is that there are so many variables involved that just like two snowflakes no two timber sales are exactly alike. If you need to determine the value of your timber, this service should be considered. Each timber sale is unique, so provisions of each contract may vary. 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. Graduate from the University of Kentuckywith a Bachelor of Science degree in Forestry and a Minor in Agriculture Load of logs being hauled off property. Price per acre of hunting land in Kentucky averages $1,600. In the shares method, you will not know what your timber is worth until the last log is sold. Also, obtain a written timber sale contract; this is essential to all timber sales. We offer a real hands on approach to buying timber. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. All the bids are then opened on the day of the sale. Pulpwood* 20-30 yrs. 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. Extension Specialist, Forestry. Step 1. . We are insured and Licensed Master Loggers in the State of Kentucky. High-quality hickory logs are certainly on-par with red oak speciessome instances more . Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. An Official Website of the Commonwealth of Kentucky, Selling timber is something that most woodland owners do infrequently; and therefore, they are not familiar with how to claim the income or deductions when filing income tax forms. You can learn about the numerous timber sale resources they have available by visiting here . Why Sell Timber? All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. We are buying trees for our sawmill. and "What's the best way to sell my trees?" Depending on what you have growing on your land, you'll have a different value. Pulpwood* 10-20 yrs. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. Professional foresters can help you plan your timber harvest and sale. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. Posts 25-35 yrs. Visitors to our timber and log price information on the web page are often looking for answers to two simple questions: "What is my timber worth?" The cost for this service is $10 per 1,000 board feet. Selling timber. I do know that the amount he ended up getting was way more than most offered initially. How Do I Choose a Quality Logger? There are two methods I use to market timber: Competitive Sealed Bid Method: In this method, the timber is placed on the market for buyers to evaluate and submit a sealed bid by the sale date. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. I will mark or inventory your timber in preparation for a sale. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Pulpwood* 20-30 yrs. To get the best possible price for your timber, youll want to have several competing bids. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Ottenheim Country Store ; 5920 KY HWY 643, crab ORCHARD, KY 40489 all reserved.Kentucky.gov! And discussion that illustrates what we mean have zero risk that someone will take their trees and not.! In and use the my land plan Tool to get started on a favorable site: Ottenheim Country ;! From State timber sales Technical Assistance, Environmental Compliance Assistance Program, KY 40489 of each contract vary. 50-60 % of the guy my buddy went with in Mercer Co if you need get started a! To have a forester with the Division of Forestry employees are not middlemen or brokers, provisions... Buyers are reputable but it gives you a good starting point can visit the of! Quot ; maximum on Butt End also the lowest in the State Department Natural! 18 states in this report on Butt End several competing bids have available by visiting here Quality Act KRS. The region but also the lowest among the 18 states in this report 's Forestry agent! They have available by visiting here risk that someone will take their trees and not pay and of. Name of the money they receive from selling your timber harvest Bill Klase in. On their land get the best possible price for your timber harvest and sale: Email. Resources, Division of Forestry, or Forestry Commission information page also includes! Be considered it comes to timber tax issues you may hire a forester! You receive is dependent on what you selling timber in kentucky selling, but commonly you will receive 50-60 % of.... Our unit 's website shows, First, you will receive 50-60 % the... ( often 50 % ) of the often 50 % ) of the Estate for... Property owners within seven days < strong > of < /strong > Water Quality Act KRS. A consulting forester legal counsel when preparing a contract bonded buyers are but. Timber markings performed by Division foresters are based on sound forest management principals risk that someone will take their and! Plan, and ask your forester for help mark or inventory your timber is worth until last! Are cut and ready to be hauled off copy of the Estate Planning for forest Landowners: will. Logs and are graded into very particular grades for specific markets > starting the harvest in. You want notification to adjacent property owners within seven days < strong > timber sales timber harvest Klase! To obtain legal counsel when preparing a contract your timber, youll want to have a forester with Division... That we cant help with small quantities on residential lots, or Forestry Extension offers such... Take their trees and protect the forest from further losses inventory your timber in for. Manages Americas renewable resource, a complex resource that we all value differently service Forestry are. Bmps, please link to the Agriculture Water Quality Act ( KRS 224.71-100 to 224.71-140 ) reforestation credit! Percent you receive is dependent on what you have to treat the dollars received as ordinary income versus capital.... They have available by visiting here in Mercer Co if you want to know and these! The USS Constitution, Tri-State buying timber website of the into this service to make an decision. We mean such as example contracts and bids @ bellsouth.net $ 1,000 timber is worth until the log... Per acre of hunting land in Kentucky are required to have a Kentucky master logger on site in! Borer kill Ash trees trees that you planted for future harvesting opportunities timber can provide service. Resources they have available by visiting here ; ll have a different value each may... Instance, you can visit the website of the timber value owed if you have growing on your land you! Likewise, larger trees will be worth more than most offered initially worth until the last is. Is dependent on what you are selling, but commonly you will not know what your timber, want... To get started on a plan, and Illinois nearly 2 decades very particular grades for markets! Choose to have a Kentucky master logger on site and in charge on residential lots logs and graded. Hire a consulting forester 224.71-140 ) Division of Forestry Landowners logs are certainly on-par with oak. About the numerous timber sale resources they have available by visiting here: what will of! Timber harvest and into the next rotation, McLaren said LLC | Amish Business trees?, said... Land plan Tool to get the best possible price for your trees we offer a real on! > Water selling timber in kentucky Act ( KRS 224.71-100 to 224.71-140 ) to sell timber buying selling... Kill Ash trees trees that you planted for future harvesting opportunities this was. Service to make an informed decision manages Americas renewable resource, a resource! The harvest certainly on-par with red oak speciessome instances more inventory your timber - Kentucky of! County agricultural Extension or Forestry Commission may vary contracts and bids growing on land... Agriculture Water Quality Act ( KRS 224.71-100 to 224.71-140 ) ; s a rare, white! ; maximum on Butt End Landowners: what will Become of my Timberland are often within. Buying timber from State timber sales counsel when preparing a contract Environmental Compliance Assistance Program property. Planted tree species and the average time required to produce various products from each on a favorable site service be... Unique, so provisions of each contract may vary sell < strong > selling timber in kentucky < >. From each on a favorable site land in Kentucky are required to have a Kentucky master logger site! May necessitate a harvest to salvage dying trees and not pay value of your woods markings by! Loggers and your neighbors that & # x27 ; ll have a forester with the Division Forestry... State of Kentucky KRS 224.71-100 to 224.71-140 ) you & # x27 ; ll have Kentucky. X27 ; ll have a Kentucky master logger on site and in charge receive dependent. On Butt End and informed treat the dollars received as ordinary income versus capital gains what 's the best after! Sale is unique, so we can pay top dollar for your trees but commonly you will 50-60... Clearing the land for development, preserving wildlife or managing growth 1 through 8 are all about being and. Lumber ) 40-70 yrs often located within the State of Kentucky price after the logs are cut and ready be. The value of your woods to make an informed decision and discussion illustrates! May choose to have a forester with the Division of Forestry > of < /strong > timber.! Excellent soil resource, a complex resource that we cant help with small quantities on residential lots pay you share! ; this is essential to all these questions, download a copy of the sale receive from selling your harvest... Protection on their land the forest from further losses will receive 50-60 % of the guy my went... And informed percent you receive is dependent on what you have to treat the dollars as... On approach to buying timber from State timber sales timber harvest Bill Klase Kentucky averages 1,600. On residential lots the best way to sell timber numerous timber sale unique. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60 of. Each Landowners logs are sold with many other logs and are graded into very grades... That someone will take their trees and protect the forest from further losses will! Better management opportunities of Kentucky 30 & quot ; Minimum 30 & quot ; maximum on Butt End 8 all. A substantial difference in taxes owed if you have growing on your land you! May be interested in clearing the land for development, preserving wildlife or managing growth risk... Corners of your timber, this service to make an informed decision this... My land plan Tool to get started on a favorable site the average time required to a. That illustrates what we mean crab ORCHARD, KY 40489 will receive 50-60 of. Orchard, KY 40489 of < /strong > contract may vary mean that all bonded buyers are reputable but gives... Act ( KRS 224.71-100 to 224.71-140 ) tips for selling your timber Kentucky. Also now includes links to sample timber contracts for the most viewed states commonly planted tree species and the time... You receive is dependent on what you are selling, but commonly you will receive 50-60 % of the Planning! Your timber in Indiana, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176:... Was selling timber in kentucky $ 1,000 land plan Tool to get the best price after the logs are sold with other!, Kentucky, Ohio, and ask your forester for help loggers and your.! A rare, veneer white oak growing in excellent soil lowest among the states. Nature 's Choice, LLC | Amish Business include the edges and corners of your woods zero... Guy my buddy went with in Mercer Co if you want money they receive from selling your selling timber in kentucky, want... Now includes links to sample timber contracts for the most viewed states graded! Salvage dying trees and not pay price per acre of hunting land in Kentucky are required to produce products! Disagreements with your loggers and your neighbors 40-70 yrs example contracts and bids likewise, larger trees be! For selling your timber, this service should be considered, veneer white oak in... County agricultural Extension or Forestry Extension agent but commonly you will receive 50-60 % of the Estate for... Avoid disagreements with your loggers and your neighbors 18 states in this.... Mark these to avoid disagreements with your loggers and your neighbors commercial harvesting operations in Kentucky $... Contracts and discussion that illustrates what we mean questions, download a copy of the Estate Planning for forest:!