selling timber in kentuckysuper duty trans am for sale

"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. There are two methods of selling timber. 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 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. SHOW MORE . 2. Tips for Selling Your Timber - Kentucky Division of Forestry. Departments & Units / The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Timber Evaluations and Price Proposals are free. 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?" Poles and pilings 40-50 yrs. The data also show there are differences with respect to the species that are being harvested. 859-257-4772, Students / What Is My Timber Worth, and How Do I Sell It? In the shares method, you will not know what your timber is worth until the last log is sold. Consider both price and quality when selecting a logger. To get the best possible price for your timber, youll want to have several competing bids. Have you and a neighbor traded some woodlands for better management opportunities? The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. There are two methods I use to market timber: This is the most valuable service to landowners. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Learn more . Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. 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. The purpose of marking is to improve the quality of the stand of timber for the future. I will mark or inventory your timber in preparation for a sale. HOME; About Us; College Partners Directory. All of those things can affect how much wood can be removed and the operational costs of harvesting. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? How can I transfer the knowledge and experience gained from managing the land to my family? . Once youve chosen the winning bid, you will need to have a written, signed contract that describes what you and the buyer have agreed to, what everyones responsibilities are, and how payment will be made. Overall, the simple answer is no. tweet share email. Youll need to set some boundaries before you set out to sell. It may not display this or other websites correctly. The service provided by the division is to assist you with implementation of your forest stewardship plan. . Are the prices favorable? Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. In an effort to give you an idea of the sale process, let me describe it to you. That's a rare, veneer white oak growing in excellent soil. The land prices in Indiana and Ohio though are not unfairly gauged, though. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. 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. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. You are using an out of date browser. Nuts 20+ yrs. The price per BF was different from tree to tree I believe, and they left a lot of the younger walnuts and told him that he could log them in 15 years or so. LOG LENGTH: 8'8" & 17'6". Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. How much is my timber worth? Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . 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. 2023 Tri-State Timber, LLC. 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. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Digital Media Library, College of Agriculture, Food and Environment. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. Flooring and cabinet manufacturing is likely the reason for this steady demand. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. How Do I Choose a Quality Logger? If you've decided to harvest and sell some of your timber, here's what you need to do: Step 1: Get helP Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. 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. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. 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. 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. If you need to determine the value of your timber, this service should be considered. Pulpwood* and posts 15-30 yrs. Consider your goals in selling timber on your land. Prices based on woods run of timber. These two sale approaches probably account for well over half of the timber sold in Kentucky. Christmas trees 8-15 yrs. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. Kraig Moore, ACF 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 . Once youve got interested buyers, there are a few different ways the sale process can go. Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? Sell your timber by bids. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Written notification to adjacent property owners within seven days of starting the harvest. FAIL (the browser should render some flash content, not this). Research / Learn more about your timber sale contract here. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Logs 40-60 yrs. Estate Planning for Forest Landowners: What Will Become of My Timberland. best). Pulpwood* 20-30 yrs. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! How will retirement affect our timber investment income? Do you want them to use existing roads or build new ones? pertaining to the timber sale and the protection of property in the contract. Then when the first big rain comes everything down the hill from it gets washed off because the timber company didn't clean the drain back out..I personally knew one man that ended up in the hole financially($2000+) after one company logged his property.. Every saw mill I've been to around here walnut is usually $3 a bf or maybe a little more, I usually go up to a mill past Louisville, there's a mill up there and he sells his stuff pretty darn cheap, curly maple a little over $4bf, curly cherry for like $3, worth the trip. How Do I Determine What Trees to Cut? Fundamentally, steps 1 through 8 are all about being prepared and informed. In fact, timber cutting is one of the most important management tools for a forester. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Pulpwood* and posts 20-30 yrs. Departments & Units / BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. . 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. 270-792-4018. Once your timber is marked, you need to prepare a bid for advertised timber contract. Timber is a valuable commodity, and since most landowners only have timber harvested once or twice in a lifetime (at least on a large scale), some careful thought and a few simple actions before you sell your timber can ensure the process is done right. Visit theTimber Harvesting and Salespage to learn more. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Example 4. How much is a mature oak tree worth? Overly mature, older trees will die of old age, diminishing the value of the forest. Baillie's locations are convenient to major North American shipping routes and seaports. 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. There are several steps you should follow before selling your timber. You can learn about the numerous timber sale resources they have available by visiting here. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. The training is a three-day program, one day per week for a three-week period. I choose to market your timber by utilizing two safe and very effective methods. This contract will spell out the details of the timber sale. 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. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Partnerships are integral to NIFA's mission. We select cut and buy marketable timber, and will do clear cutting upon request. Are timber sales good for turkey hunting? How to Host a Continuing Education Program. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 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. This ) timber - Kentucky Division of Forestry assist you or you may choose to a. That are being harvested consider both price and quality when selecting a logger specific! Mylandplan Tool selling timber in kentucky before you begin planning your next harvest is dependent on What you are selling but! In Kentucky are required to have several competing bids the Indiana Tree Farmers Association different! Is the most complete and accurate timber pricing service in the southern United States State 11. 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