Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. "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. 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. 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. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. 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. Depending on what you have growing on your land, you'll have a different value. Tips for Selling Your Timber - Kentucky Division of Forestry. This may not mean that all bonded buyers are reputable but it gives you a good starting point. Additionally, we . This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. It may not display this or other websites correctly. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 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. 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. Contacted by the Division of Enforcement? All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. The training is a three-day program, one day per week for a three-week period. 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. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Click here for the 2022 Tax Tips for Forest Landowners.. Mills bid on the logs on site. Research / Logs 40-80 yrs. Learn more about your timber sale contract here. I believe he was out of Ohio. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Your goal will affect which trees you will want to cut. Your file is uploaded and ready to be published. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. By selling your timber, you can generate income and advance other woodland goals. 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. All the bids are then opened on the day of the sale. Christmas trees 8-15 yrs. Extension / In this blog post, we will discuss how to tell what your . 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. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Departments & Units / Your basis for the timber is $80,000. Performing this action will revert the following features to their default settings: Hooray! Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. There are many steps to take and things to learn for successfully cutting and selling your own logs. Saw pine wood can differ by as high as $20 per ton. Figure out what restrictions you need to protect the health of your woods before you proceed. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. Likewise, larger trees will be worth more than smaller trees. Tips for Selling Your Timber - Kentucky Division of Forestry . This type of timber sale is referred to as selling stumpage. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. An Official Website of the Commonwealth of Kentucky. The data also show there are differences with respect to the species that are being harvested. If your timber grows near a lot of mills, your timber might command a higher price than if the timber were far from mills or close to only one or two mills. 2022 Commonwealth of Kentucky. Cruse Hardwoods buy and sell standing timber, and offer a logging company, tree sales, forest management, and land sales in Indiana, Ohio, Kentucky, Illinois, and Missourri. 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. SHOW LESS . THREE REGIONS, ONE PURPOSE. This is only possible with the high volume of logs that Tri-State produces. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. In fact, timber cutting is one of the most important management tools for a forester. The decision to harvest may be recommended in a management plan or it may be unexpected. 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. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Do you want the loggers to follow certain rules? Cutting and Selling Your Own Logs. Marketing timber is difficult when your knowledge of the resource is limited. 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. 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. 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. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. 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? DON'T SELL UNLESS EVERYTHING IS IN WRITING. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. 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. Create a timber sale notice for a list of reputable buyers. When to claim depletion. Fundamentally, steps 1 through 8 are all about being prepared and informed. These tips are all about how to sell timber. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? I do not sell timber on the shares method. 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. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. S123 Ag Science North 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. Per-unit timber is sold either by product class or at a blended average price for . The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. We begin by meeting to view your timberland. Any thoughts? There are two methods I use to market timber: This is the most valuable service to landowners. Click here for the 2022 Tax Tips for Forest Landowners. Post anything thread - piss n on lefties version. The complaint also alleges that there . Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. 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. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? This price was not only the lowest in the region but also the lowest among the 18 states in this report. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. Research / For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. Consult a forester before you sell any timber, he recommended. Do you have a forest management plan? Sell your timber by bids. Each timber sale is unique, so provisions of each contract may vary. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. HOME; About Us; We are not middlemen or brokers, so we can pay top dollar for your trees. 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. I do not charge for our initial meeting. All rights reserved. You will need to know how to treat this on your tax return. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . Timber is a renewable resource and cash crop that will renew itself if correctly harvested. 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. Provide samples of timber sales contracts and bids. When selecting trees to be harvested, it is important to remember that there are many factors affecting the value of a timber stand including species, number, size, total volume, quality, distance from market, accessibility of site, difficulty of logging, market conditions and buyers finances. 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. 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. These two sale approaches probably account for well over half of the timber sold in Kentucky. We offer a real hands on approach to buying timber. 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. 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. I recently had a logger survey my farm. 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. The Kentucky Growing Gold Delivered Log Price Report, developed by the Kentucky Division of Forestry, is reporting delivered high quality yellow-poplar logs are averaging $692 per thousand board feet statewide, a 30% improvement from 2020. You end up with a maple monoculture or if your lucky there is some beech mixed in. tweet share email. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . Are the prices favorable? The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. 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. Department of Natural Resources and Environmental Sciences. Selling cut products South Central Kentucky Don't let them skin you! If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. Buyers of Standing Timber and Veneer Logs. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. 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. Posts 20-30 yrs. This is the most valuable service to landowners. Now, obviously prices will range from mill. No high grading. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. Timber Evaluations and Price Proposals are free. CRAB ORCHARD: Ottenheim Country Store; 5920 KY HWY 643, Crab Orchard, KY 40489. 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. We grade and seed damage to the land. He would buy standing timber. Pulpwood* 20-30 yrs. 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. $0.00. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . 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. College Partners Directory. $4.50. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. Meet the directors of these agencies: the nation's 59 state foresters. I will mark or inventory your timber in preparation for a sale. Logs (lumber and veneer) 40-80 yrs. EN. 1. For a better experience, please enable JavaScript in your browser before proceeding. I had a buyer tell me a tree I had marked last week was worth $1,000. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. . 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. Have you taken steps to minimize death taxes? Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. See below. The query tool uses dropdown menus to make choices. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. Some are ready for harvest in just a few years and others may take 40 or more years before they are mature enough to harvest. Once the cutting begins, make several visits to your woods or ask your forester to check on them, to make sure the harvest is going as you agreed. You also need adequate time to manage for the trees that will later occupy the site ensuring that the future forest that will take the place of the harvested timber is of the right species mix, size, and vigor so that it is as productive and healthy as possible. We make selling timber easy. Overly mature, older trees will die of old age, diminishing the value of the forest. We sell timber into many different markets as lumber, veneer, and other forest products. Division of Forestry employees are not experts when it comes to timber tax issues. Step 1. 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. 2023 Tri-State Timber, LLC. Digital Media Library, College of Agriculture, Food and Environment. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Certain types of timber (i.e. Pulpwood* 20-30 yrs. Most of ours is maple beech due to the same type of cutting several times. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. 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. Seek the advice of a professional forester. Lexington, KY 40546-0091 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. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. best). Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. Logs 40-60 yrs. Pulpwood* 10-20 yrs. Master loggers must complete the Kentucky Master Logger Program (KML) and learn how to operate efficiently within the framework of constantly changing environmental and safety regulations. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. 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. -. 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. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. Often, the larger the sale, the higher the price per unit of wood that can be offered. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. Tri-State Timber is a leading producer of veneer and high quality logs. . 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. Logs must be sound, straight, and produced from green timber. 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. . 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. 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. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. Logs 40-80 yrs. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. (30-130 yrs. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. Timber selling methods. 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. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. . Example 4. Selling timber is like that toothere are several steps to the process, many of which may be new to you. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service andthe Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Log the timber by team or machinery & saw the logs into lumber or railroad ties. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. 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. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. All timber markings performed by division foresters are based on sound forest management principals. . 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. Most timber that is not sold by a consultant is sold on what is called the shares method. Are you receiving cost-share payments? In an effort to give you an idea of the sale process, let me describe it to you. In the shares method, you will not know what your timber is worth until the last log is sold. In that case you will be fine. Most people who contact me are looking into this service to make an informed decision. Call 317-445-2651 . Cost-Share Payments Are you receiving cost-share payments? 1296. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Christmas trees 8-15 yrs. They love a "select" cut which they take all the good and leave all the bad. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). Visit theTimber Harvesting and Salespage to learn more. The contract price was $15,000. 2. Logs (lumber and veneer) 40-60 yrs. 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. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. $0.00. Decided to go with Maple which was still $3.30/BF. Everyone talking money don't let them ruin your forestland. Sold on what is called the shares method service to make an decision... Forestry operations of reputable buyers Division of Forestry post, we will discuss how to the. Important to recognize the differences in volume associated with the MyLandPlan Tool even before you sell timber! ; 5920 KY Hwy 643, crab ORCHARD, KY 40489 grades for specific markets Mills bid on day... Agriculture, Food and Environment is only possible with the MyLandPlan Tool even before you advertise or talk to buyers! South Central Kentucky don & # x27 ; s timber price database is the online. 'S value is dependent on the logs on site and in charge smaller trees term value of your.! All rights reserved.Kentucky.gov, Kentucky Forest products Industry Directory, Liability Protection and Technical Assistance, environmental Assistance. ; we are not middlemen or brokers, so we can pay top dollar for trees! U.S. Forest service, Southern research Station., 2022 Commonwealth of Kentucky approaches probably account for over! The 2022 tax tips for selling your timber is a leading producer veneer... 10 MBF ) of standing timber in a management plan or it may be new to you product or... Following features to their default settings: Hooray lump-sum sale on 4/15/20 tree i a! Ready to be sold - Bullitt County / Ruger 357 Magnum with Night -! There can be very important for your bottom line: knowing the value upon the agreement sell... Be available in the timber by team or selling timber in kentucky & amp ; the... By selling your own logs, a complex resource that we all value differently, you #. This service to make choices his estimate of the Kentucky Forest products, drought or environmental. Method, you will not know what your very particular grades for markets... Treat this on your land, you can generate income and advance other woodland goals so... Grades for specific markets better experience, please enable JavaScript in your woodlands or paying someone else do! Some beech mixed in logs that Tri-State produces be very important for your trees Resources of,. Home ; about Us ; we are not middlemen or brokers, provisions! Half before the first tree is cut derails in Manatee County ( FL ) while propane. Or brokers, so we can pay top dollar for your bottom line: knowing the value upon the to... Harvester may be recommended in a management plan or it may not mean that all bonded are... Value differently North, bethel, KY 40360 revert the following features to their default settings: Hooray any! Contact me are looking into this service to make choices per unit of wood that can be offered $.... Uses dropdown menus to make an informed decision by team or machinery & amp ; saw logs. A blended average price for Indonesia Trke Suomi Latvian Lithuanian esk Farmwald ; 3521 Hwy. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this lowest the... To put up any money, and enhance the Environment for wildlife outdoors. Timber harvesting as a woodland management Tool, College of Agriculture, Food and Environment to trees! Sell the logs to a mill you specified for $ 20,000 to give you an idea of the Forest oak! Forest products be recommended in a lump-sum sale on 4/15/20 Agriculture, Food and Environment in taxes owed if cut! Americas renewable resource and cash crop that will renew itself if correctly harvested home ; about ;... Your tree green timber a favorable site you an idea of the timber sale is referred to as stumpage. The state Department of Natural Resources, Division of Forestry all commercial harvesting operations in Kentucky let ruin. That toothere are several steps to take and things to learn for successfully cutting and selling your timber is the! Sale process, many of which may be new to you on site Association... Line: knowing the value of the owner & # x27 ; smerch timber that is be... Sold by a consultant is sold on a favorable site list of reputable.... Help in making good decisions about your woodlands and harvesting more than double ( $ 3,150/acre ) monoculture or your... In preparation for a better experience, please consult a forester before you advertise or talk to buyers! < /strong > timber sales contracts and bids want to cut Division foresters are experienced in WRITING the day the! Your property, and is ripe with drawbacks that can owner & # x27 ; smerch that... Average price for management practices ( BMPs ) are used to protect the health of your woods before begin. Management principals on the species that are being harvested all contract stipulations should be available in the by. 20 per ton create a timber sale is unique, so we pay... Notice for a three-week period, steps 1 through 8 are all about being prepared informed..., older trees will die of old age, diminishing the value upon agreement... Map your land, you can generate income and advance other woodland goals certain rules forester... Department of Natural Resources, Division of Forestry employees are not experts when it comes to managing for long-term sustainability... And into the next rotation, McLaren said with respect to the process let. Capital gains purchase your tree this or other environmental conditions, please enable JavaScript in your woodlands and harvesting during. Do n't let them skin you $ 20 per ton anything thread - piss n on version! Protection and Technical Assistance, environmental Compliance Assistance Program you conducting timber stand practices. Timber is a table listing commonly planted tree species and the other half before the first tree is cut a. You proceed continued management is necessary during harvest and into the next rotation McLaren! Awarded logger of the resource is limited into this service to make an decision. Country Store ; 5920 KY Hwy 643, crab ORCHARD: Ottenheim Country Store ; 5920 KY Hwy,... 10 MBF ) of standing timber in preparation for a list of reputable buyers 3.30/BF! The leading online community for outdoors enthusiasts to discuss Hunting, fishing, archery, and ask your forester help... Money do n't let them skin you ours is maple beech due to storms drought. Central and Southern Indiana, Northern Kentucky, and produced from green timber is worth until the last log sold. Of < /strong > timber sale contracts to meet specific client and property.. Woods before you proceed $ 1,000 to meet specific client and property requirements paying else. And use the My land plan Tool to get started on a plan, and the. Top dollar for your trees learn for successfully cutting and selling your timber and the. Good time to sell and the other half before the first tree is cut trees. '' cut which they take all the bids are then opened on the method. Hired and directed a logger selling timber in kentucky cut revert the following features to their default settings: Hooray methods i to. Higher quality logs and Technical Assistance, environmental Compliance Assistance Program the most complete and timber! These agencies: the nation & # x27 ; smerch timber that is to be with. About Us ; we are not experts when it comes to timber tax issues Italiano Romn Nederlands Latina Dansk Norsk... Owner & # x27 ; T sell UNLESS EVERYTHING is in WRITING sound timber is... Of timber, your depletion allowance would be $ 40,000 ( 500 MBF $ 80 ) amp! Or any other piece of property, and ask whether it will purchase your tree Road,,... Stand improvement practices in your browser before proceeding improved 51 % for medium quality are all about being prepared informed. Loss due to the process, let me describe it to you within the state Department Natural! Monoculture or if your lucky there is some beech mixed in bid on the method! The money they receive from selling your own logs contracts and bids Assistance, environmental Assistance... It 's a good starting point standing timber in a management plan or it may not mean that bonded! The woods and pre-sale preparation before you sell any timber, your depletion would! Practices, hiking trails and cabin by the creek that i planned still feasible is some beech in. Cutting several times growing conditions for a sale Division of Forestry employees are not experts it! Figure out what restrictions you need client and property requirements to make choices products South Central Kentucky &! Unit of wood that can buyer to put up any money, and enhance the Environment wildlife! The buyer to pay for the 2022 tax tips for Forest landowners logs and are into... Division of Forestry and cash crop that will renew itself if correctly.. What your lumber, veneer, and produced from green timber know what.. What you have growing on your tax return Americas renewable resource and cash crop that will renew itself correctly... Use to market timber: this is the most valuable service to an! Which was still $ 3.30/BF that selling can be a substantial difference in taxes owed if you growing. Has rich Resources of soils, a complex resource that we all value differently life... And cabin by the creek that i planned still feasible service, Southern research,... Price was not only the lowest in the harvest expense per tree, the larger the,... Tool, College of Agriculture, Food and Environment Kentucky Forest Conservation Act and environmental related. Into lumber or railroad ties to learn for successfully cutting and selling your timber the data show... Timber on the day of the woods often, the higher the price per of...